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Updated over 7 years ago on . Most recent reply

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66
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Kayla V.
  • Rental Property Investor
  • Denver, CO
43
Votes |
66
Posts

Foundation Repair Costs

Kayla V.
  • Rental Property Investor
  • Denver, CO
Posted

Hi all- I'm about to close on a house in Merriman Heights in Akron, Ohio (44303). The floors in the house are noticeably slanting and you can see it along the tops of the doors and windows. It's on a hill and is sloping down.

Before purchasing, I got a quote from Ohio Basement Systems to fix the problem. 

Project Summary:

  • Permanently Stabilize Walls                             $10K
  • Permanently Stabilize Floors                           $13.7K
  • Waterproofing                                                    $10K
  • Total:                                                                    $33.7K

This includes the engineering and permitting, braces along the entire perimeter of the basement foundation, posts to jack up the uneven floors above, three steel beams in the basement, wall panels to direct the water that does get inside and a sump pump. 

I used this quote to get the price of the house down so it's currently in the budget. However, I'd now love to get this cost down if possible.

Is this reasonable? If not, does anyone have any recommendations of other companies or contractors I should call? I'm thinking if I break up the three pieces to separate people, it might get cheaper? Thanks!

Most Popular Reply

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2,325
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911
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Antoine Martel
  • Rental Property Investor
  • Miami, FL
911
Votes |
2,325
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Antoine Martel
  • Rental Property Investor
  • Miami, FL
Replied

I'd recommend getting multiple quotes. Get 3 quotes and compare them to each other. Each one might notice something different or have more experience solving the problem in a certain way. 

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