Selling a house with foundation issue in Virginia Beach is a very big challenge but it can lead to delays, discounts, and damage control. In this blog we will discuss how you can sell your house with foundation problems, what need to consider before selling your house and what are the pros and cons. So be ready because we will discuss every point in detail.
What is Damage Foundation ?
Damage house or house with bad foundation refer to the structural issue that occur to the base of the buildings like cracks. This can happen due to improper water drainage and soil pressure changes. It can be determined by crack walls, door that stick and uneven floors.
Signs of Foundation Issues on a House
Foundation damage often occurs when the soil settles, constricts or expands, depending on temperature shifts, water levels and weather changes. There are two types of damage foundation.
- Interior
- Exterior
Signs of Interior Foundation Damage
- Doors and windows that stick or fail to properly open and close
- Cracks or gaps in the walls, floor, or foundation itself
- Diagonal wall cracks extending from the corners of doors and windows
- Sagging, sloping, or uneven floors
- Walls pulling away from the floor or ceiling
- Walls that bow outward, are bulging or no longer appear straight
- Sagging wood floor planks
- Cabinet doors not staying closed
- Leaks and cracks in and around the fireplace
- Damp crawl spaces or standing water around the foundation
Signs of Exterior Foundation Damage
- Foundation settling or sinking
- Foundation upheaval
- Gaps between the garage door and the pavement
- Gaps between the house and trim
- Exterior walls that appear to be bowing or bulging
- Foundation that is pulling up, causing a wall to rotate
- Large horizontal or vertical cracks
- Stair-step cracks in mortar
- Porch, deck or columns that lean or pull away from the house
- Leaning chimney or chimneys that have separated from the house
Causes of Foundation Damage
Dry Shrinking Soil
In summers due to hot weather the soil dry out which cause the foundation of the house to shift.
Swelling Soil
Due to heavy rain fall or sewer leaks or plumbing leaks soil will start expending which result in the cracks because the foundation is moved up word.
Inadequate drainage
Inadequate drainage can lead you to the soil erosion. That result in the destabilizes the foundation, causing buckling of walls and uneven settling. The cause can be
- Clogged gutters
- Downspouts
- Low areas near the foundation
- Land sloping toward the house
Should I make foundation repair before selling my house ?
Weather to fix your house before selling is depend upon the damage. Here is the quick break down for you.
When to consider repair ?
- Large Cracks: Large cracks on wall and in foundation can decrease your house value and lower your asking price.
- Structural issues: Bowing walls, uneven floors, or sticking doors indicate serious issue that need to be resolve before selling.
- Drainage problems: Water leaks or poor drainage around the foundation is a big problem that need to be dealt with before selling the house.
Cost of Foundation Repair in Virginia Beach
No matter what causes foundation problems, the typical repair expense will come in around $5,000. To be more precise, the national average falls between $2,161 to $7,780. Naturally, that relies on the nature of the issue that needs to be resolved as well as other elements like your residence’s composition and type of foundation.
Here are the cost of different type of repairs that you can expect.
| Repair Type | Low | High |
|---|---|---|
| Leak Repair | $2,014 | $2,014 |
| Stabilization (minor settling) | $3,391 | $3,391 |
| Underpinning (per pier) | $1,030 | $3,000 |
| Waterproofing | $2,210 | $2,210 |
| Minor crack repair | $250 | $800 |
| House settling (slabjacking/mudjacking) | $600 | $1,600 |
| House settling (piers) | $1,000 | $3,000 |
| House shifting | $700 | $25,000 |
| Bowing foundation walls (carbon fiber/epoxy) | $4,000 | $12,000 |
| Bowing foundation walls (anchor plates/steel rods) | $4,000 | $12,000 |
| Bowing foundation walls (piers) | $4,000 | $12,000 |
| Underpinning the basement (per pier) | $1,000 | $3,000 |
| Soil report (basic) | $700 | $1,800 |
| Soil report (detailed) | $1,200 | $5,000 |
| Structural engineer | $528 | $230 |
| Building permit | $1,611 | $1,611 |
| Tree removal (small) | $200 | $2,000 |
| Tree removal (large) | $1,000 | $2,000 |
Does foundation repair increase home value ?
Well it doesn’t increase the value of your house. Think of it as investment to improve your structure integrity here is why.
- Fixes a problem, not an upgrade
- Preventing value decrease
- Attracting more buyers
- Peace of mind for buyers
Pros and Cons of repairing damage foundation house before selling
Pros
- If you had your house stabilized or “piered,” it can be considered an asset when you’re selling it.
- Repairing the foundation sets the stage for stand-out curb appeal.
- A stable foundation can add value and help you sell at a higher price.
Cons
- If a buyer hadn’t requested repairs, you might not have had to pay thousands of dollars for them before selling.
- You may lose out on a lot of potential buyers and draw in a group of house flippers who are looking for a steep price reduction if the house requires major foundation repair that you neglect.
- Foundation issues can reduce the sales price by 10% to 15%
Why Choose HR Property Doctor for Selling Your Damage Foundation House
Hr property doctor is here to make an offer for your house, regardless of its condition, relieving you of the burden of maintenance and improvements. We’ll buy a house that had previous foundation repair, and after the sale is finalized, we’ll take care of the required repairs.
Hr property doctor can relieve you of the load if you’d rather to relocate to a new house and save money on repairs. To evaluate the state of your house, we’ll do a quick tour of the area. We can make an offer on the same day after we’ve completed our assessment. You can be confident that our offer won’t alter at any point during the procedure. Commissions and other unforeseen costs won’t be a concern for you either. On your schedule, we can complete the transaction as soon as