Underpinning a building

[Account Closed]

Hi Everyone,

I'm looking at a deal at the moment. ARV around 200K. Asking is 130k and there is an offer for 85k on it now. I was informed that there is some issues, some cosmetic, some major.

- Foundation needs to be underpinned. I'm familiar with the concept in theory, but nothing else. Is it something I can DIY or need a contractor to do it? In the ball park price for it? (I know, I know how long is a piece of string...) 

- There is a flat roof on it and needs some attention. I'd get a roofer to fix that.

- Also full gut job from internally. I recon around 35-40k for this part.

Can anyone please advice on the foundation part? Thanks a lot.

[Roy N.]

@Account Closed

Underpinning a foundation is not really a candidate for a first-time do it yourself job.  You would be better served to collect quotes from a handful of foundation specialists then choose one.

As for costs, it will be dependant on many factors: type of foundation; type of soil/rock; depth of underpinning / ease of soil removal; and your location.