2021 was one of the best years in real estate on record, and 2022 is forecasted to reach equal success or more. With houses in high demand and almost 75% of home offers turning into bidding wars in 2021, now is the prime time to ensure that your home is at peak value. A great place to start is at your home’s foundation.
How to Tell if a Foundation Needs Repair
Signs of foundation damage are often ignored as minor inconveniences or construction flaws. There are several indications your foundation may be in need of repair including:
- Sticking doors and windows
- Cracks in drywall
- Crooked floors and walls
- Poor drainage
If your home has any of these issues, it is important to contact a foundation repair company before the damage worsens.
How Will Foundation Repairs Improve Home Value?
Aside from remedying the previously listed issues within your home, foundation repair can increase the value of your home in two ways:
- Enhanced structural integrity
Maintaining the structural integrity of your home is a high priority. No one should live in an unsafe or unstable environment, and no home is safe without a sturdy, high quality foundation.
The longer foundation problems are ignored, the more the problems will multiply. Since the foundation is the root of a home, problems with it often cause a domino effect. This can lead to further issues such as:
- Water damage
- Plumbing issues
- Pest infestations
- Mold onset
- Steep decline in property value
Preventative efforts such as routine foundation checkups are the best way to catch problems in your home’s foundation early. A professional will detect and diagnose issues before they become more problematic, costly, and damaging to your home’s equity! Over time, diligent maintenance of your home will result in a huge return on your investment when it’s time to sell your home. Homes with “good bones,” or strong structural integrity, are always highly valuable—regardless of the current market conditions.
- Cosmetic improvement
Above all else, safety is of utmost importance when choosing where you and your family will live for years to come. A poor cosmetic appearance can often relay that much deeper and more costly issues lie within the home. Nonetheless, with the housing market on the rise, homebuyers will likely not purchase your home if the damage is too extensive, as demolition can be more cost-effective than renovation. Houses that appear crooked, unstable, and poorly maintained do not do well on the real estate market.
In contrast, houses with immaculate outward appearances are often very attractive to buyers. Everyone wants to live in a home with obvious signs of diligent maintenance and structural integrity where their family and home’s wealth is protected.
This curb appeal will increase your home’s appraisal value as well as attract prospective buyers in the future.
How to Proceed
At WTX Foundation Repair, we pride ourselves on our ability to repair your foundation efficiently and effectively. With over 20 years of experience, we have proven to all the communities we serve how much we value craftsmanship and maintaining the integrity of their homes.
If your home needs foundation repair, contact us now to set up your free consultation appointment.