Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply
![Dana Kelley's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/584115/1621493151-avatar-danakelley.jpg?twic=v1/output=image/cover=128x128&v=2)
foundation repair $
Completely new to all this…how much (generally) is fairly extensive foundation repair?
Most Popular Reply
![Steven Loveless's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/464408/1621477824-avatar-stevenl30.jpg?twic=v1/output=image/cover=128x128&v=2)
After having my first deal fall apart due to foundation issues - I can say it varies tremendously.
Just for an example - when I put the above mentioned house under contract, the seller had a quote for ~$6k. Okay, sounds good. Had a structural engineer come out, and he says the house is verging on structural failure - needs 3x as many piers as the original quote, including the entire interior of the house. Had two reputable 20+ yr companies bid ~$25k, with high risk for other damage occurring during the job (plumbing, brick, roof, etc.)
I have seen price quotes range from $200-$600 per pier, depending on type, quality, etc.
Turns out the original foundation quote came from a company only in the business for 3 years, giving lowball bids with supbar materials and little to no experience.
I would suggest having a licensed engineer look at it and give his recommendation, the $400 it costs could save you thousands in the long run. Also, have an experienced company do the work - lifetime warranties are worthless if the company is gonna be out of business in four years.
Sorry for the long reply, hope it was at least somewhat useful.