Most homeowners in the US spend almost $4,050 on average for sealing a basement or foundation, but the price may be more or less expensive depending on some aspects.
The place where you live is one factor, according to Van Matre Construction, LLC. If you are in Denver, foundation solutions such as concrete slabs and waterproofing may cost differently than prices in another city.
Waterproof vs. Damp Proof
Waterproofing your basement is important to prevent soil moisture and liquids from seeping into the structure. This is different from damp proofing, which only keeps out damp soil. It is a cheaper alternative, but note that the damages from a flooded basement may cost you more in the long-term.
Hence, most homeowners pay up to $10 per square foot for a more thorough waterproofing. If you live in an area with frequent storms, paying extra for a waterproof basement or foundation is a worthwhile investment.
You simply can’t put a price on peace of mind, especially when water damage costs homeowners up to $7,000 in repairs and restoration work while filing for insurance claims is another story.
An elevated foundation is another option when sealing it no longer becomes practical. Deteriorating concrete due to tree roots, poor soil and other factors call for raising a foundation. In case you can’t afford to replace the concrete, mudjacking serves as a good alternative.
Consult a residential contractor if concrete raising is possible for your home. You may be inclined to choose this option when your budget is limited, as you don’t have to pay for demolishing, removing and landscaping services.
While the amount may vary, it’s important not to ignore any problems with your foundation to protect its resale value and your safety. When choosing a contractor, consider a company that specializes in residential construction and remodeling services.