Foundation Problems and Its Impact on Home Value

The foundation is important to the overall condition and safety of your home. It also plays an important factor in determining the value of your home. Here’s what you need to know about foundation problems and the value of your home.

How Foundation Damage Can Affect Your Home’s Value

The first thing people see is the outside of your home. A damaged foundation will affect your home’s curb appeal. It will also signal to potential buyers that there are foundation issues and foundation issues require money to fix. The person buying your house will either want the foundation fixed before purchase or will want to pay less for the house to pay for the needed repairs. In the end, you will be the one to pay for the repairs.

An inspection of the house and foundation will likely be done prior to it being purchased. Potential issues will come to light at this point. The best case scenario is that you’ve taken repairs as needed, so any issues found are minimal. This is a good reason to take care of foundation damage sooner rather than put it off. Your home is a big investment and taking care of something as crucial as the foundation should be a priority.

Make Necessary Foundation Repairs

When you become aware of foundation damage, it’s a good idea to have it inspected and fixed. Leaving damage to get worse will only result in more expensive repairs later. If you can stop damage from getting worse, this is your best option in the long run. It’s important to know what to look for to protect your foundation from damage. Look for any signs of cracks in the foundation, water damage inside and outside, and doors and windows that stick. Other signs of foundation damage include: uneven floors gaps around window frames, a damp crawl space, and counters and cabinets that are separating from the wall. You can have a qualified foundation contractor assess the situation. If repairs are recommended, don’t hesitate to have them done. This will help keep the value of your home where you want it.

How to Prevent Future Foundation Damage

It’s not always possible to avoid foundation issues completely, but there are steps you can take to decrease the possibility of extensive damage. If the downspout emptying is too close to your home, get an extender that will carry water farther from the house. Be sure to regularly clean the gutters so rainwater can flow through freely. Consider how new landscaping will affect the foundation. Don’t plant trees too close to the house as the growing roots can cause foundation damage. Make sure the slope of the property is correct and water is flowing away from it. These might seem like minor changes, but they can protect your foundation and in turn the value of your home.

Taking care of your foundation benefits not only your house while you’re living in it, but its overall value as well. Dealing with foundation issues as they arise will save you time and money in the long run.