A house should be in good condition when put on sale. If your house has foundation issues and you plan to sell it, you should consider repairing the problems. Here are three reasons to fix foundation problems before selling your house, alongside what factors influence the prices of repairing or maintaining your foundation.
1. Increase Resale Value
The first reason to fix foundation issues before selling your house is to increase its resale value. No one would want to buy a house with foundation issues. The resale price will be significantly lower even if you find buyers who accept a house with foundation issues. According to Clever, buyers are likely to come across homes with disclosed foundation issues the owner has already addressed. While it is important to take care of foundation problems, only 7% of homeowners make structural repairs. If you want to sell your house at a higher price, be sure to fix any foundation issues. You can receive up to a 30% return on investment (ROI) on major foundation repair projects.
2. Improve Structural Integrity
The foundation supports the entire house. A house with foundation issues can have weakened structural integrity. A weaker house can be a health hazard to occupants, especially if floors and walls shift. With this in mind, you should fix foundation issues before selling your house to maintain its structural integrity. A home with strong structural integrity will attract many bidders and last longer. Call foundation maintenance experts to fix your foundation before putting it on the market.
3. Prevent Pest Infestation
If your house has foundation issues and you plan to sell it, pests can infest it even before you initiate the selling process. A pest infestation can destroy your home and inflict damage on multiple belongings. Drywood and Subterranean termites can damage healthy wood items, including tables, shelves, and sheathing. Rodents can ruin clothing and other materials. Therefore, a pest infestation will cause an economic nightmare on your property. Timely foundation maintenance will protect your home from pest infestation.
Factors Influencing Cost of Foundation Repair and Maintenance
You may be asking yourself: how much does foundation repair and maintenance cost? While the cost is not standard, various factors come into play when calculating foundation repairs and maintenance costs. The factors include the damage extent, required tools and equipment, and repair methods. Ask for a quote from a foundation maintenance professional.
These are the three top reasons to do foundation repairs before selling your house. Contact our foundation maintenance experts if you need foundation repair services.