We make choices and decisions daily. Whether it’s determining how much we can put in our grocery cart or figuring out how to stop a leak in the roof, the biggest factor we consider is always the same: cost. Structural home repairs are no different. Understanding the cost of repair can help with proper budgeting or in preparing for the amount of the loan needed to make your home structurally sound and safe for years to come.
What is the ballpark cost for structural repairs?
We get this question ALL THE TIME. To be honest, it is a difficult one to answer, but let's dive in. The cost of structural repairs can vary widely depending on the extent of the repairs needed, ranging from minimal repairs to full floor tear-outs and replacements. As repair needs increase, so does the cost, which can be categorized into three stages: minimal, medium, and major.
Minimal Structural Repairs
Minimal structural repairs are often unnoticed by many homeowners & often remain undetected until they're spotted during other work beneath the house. Examples of minimal damage include
3-4 joists affected by termite or water damage, or the need for additional support when adding heavy items like a new kitchen island or a heavy safe. These repairs are considered minor, with costs ranging from $3,000 to $10,000, and an average of around $5,000.
Medium Structural Repairs
Medium structural repairs are more common and noticeable to homeowners. Signs such as cracks in the drywall, separation at the baseboards, or doors that don’t open and close properly indicate significant damage to joists, sill plates, support beams, and wall plates due to moisture, mold, termites, or poor construction. Costs for medium-stage repairs typically range from $10,000 to $25,000.
Major Structural Repairs
Major structural repairs are the most extensive, with issues clearly identifiable inside the home, such as holes in the subfloor or furniture sinking through the floor. These repairs require a full floor tear-out and replacement, including all joists, sill plates, support beams, and subfloors. Repair costs for major issues start at $25,000 and can go higher.
Acting Early is the Best Approach
Addressing issues at the minimal stage is the most cost-effective approach to ensuring your investment in structural repairs is well-spent. Ignoring damage and its underlying causes won't make the issues disappear and can result in significantly higher costs down the line when the damage becomes too extensive to ignore. Don’t wait until you reach the major stage. Contact us today to schedule a consultation. We'll assist you in identifying the optimal solutions for your structural issues and implementing preventative measures to avoid future damage.
Call us for all your waterproofing or structural needs at 270.556.7075 or fill out our contact form here. Remember that if the cost is an obstacle, we do have a financing option to help you reach your project goals.
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