How Important is Your Foundation When Selling Your Home?
So you’re looking to sell your home, and you may be asking yourself, how important is the foundation to the value of my home? Well apart from being the base of your home, it’s also one of the most important assets in the valuation of your home. This is in large part because even a small problem in the foundation can lead to compounding issues and extensive repair costs if not addressed. On the other side, a strong foundation can improve the value of your home.
How do I know how much my foundation is worth?
While it can be difficult to know the exact value of your home’s foundation, some of the value can be inferred from potential repair costs. Typical foundation repair can cost anywhere from a few thousands of dollars for much smaller repairs to the tens of thousands of dollars for a typical repair. If the foundation problems have led to other damages, like cracked walls, sagging floors, or other damage repairs can cost even more. When selling a home even the potential for more serious foundation problems can lead a potential buyer to reconsider.
What do I do if my foundation needs repair?
The potential repair costs are a good way to estimate the value of your foundation, but the best way to know its real value is to have a proper foundation inspection performed. A Sure Safe engineer qualified inspection can give you the current value of your foundation and a repair plan for any foundation issues located. In some cases a Sure Safe repair can modernize the foundation to current codes and actually increase the value of your home more than the cost of repairs.
What if I’m already in the middle of a sale?
If you’re under contract on a home or are in the middle of a sale you may have already inspected the foundation and discovered repairs that need to be made. Sure Safe has experience helping customers save on repair costs, repair time, and avoiding the loss of a sale. One customer wrote “Sure Safe saved a home in escrow from falling out of escrow by helping my buyers and I get out of a tough bind”. Sure Safe’s patented VR-1 System can repair your foundation at 1/3rd industry prices and often within only a few days without all the hassle of having to raise the home. If you are selling or thinking of selling your home contact Sure Safe today about a free inspections. Let Sure Safe give you peace of mind, and if necessary help you make your home strong again.
