Testimonials
It Makes Sense to Check Your Nashville Home to See if You Need a Foundation Repair Service
Whether the house you bought will be your “forever” home or you plan on selling it a few years down the road, it is important that you pay attention to its value. That being said, you need to be aware that your home’s foundation has a direct impact on its value. So it makes perfect sense to check your Nashville home to see if you need a foundation repair service.
Foundation Damage and Resale Value
There is really no simple answer as to just how much foundation damage can affect your home’s value, it depends on several factors. Foundation damage affects homes differently, but most experts agree that foundation damage will reduce the value by about 10 to 15 percent. Of course, severe damage could lower the value of your home much more than that. But the main point here is that foundation damage means less money for your investment.
Repair Costs
Whether you hire a concrete contractor to fix the foundation or the new homeowners agree to foot the bill, you are the one who pays either way. Either you are paying the cost of repairs or you are reducing the price of your home to offset the expense. Now, not all is necessarily doom and gloom, repair costs for your foundation could be under a $1,000, but the average homeowner winds up spending around $3,500.
Curb Appeal
Curb appeal plays an enormous role is a potential buyer’s evaluation of a home. Foundation issues can negatively impact curb appeal. Home buyers look for houses that are safe and free from visible foundation cracks. A decreased curb appeal will scare potential buyers away and will affect the value.
Preventing Future Damage
If you already have had some level of foundation problems, you will want to ensure it doesn’t happen again. There are a few things you can do to minimize the chances of foundation damage in the future including preventing water from accumulating around your foundation, not planting trees too close to your home and ensuring your yard slopes away from your home.