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Replacing House Foundation?
I know I am not going to get an exact answer, but was wondering if I could possibly get some estimates to what it is going to cost to get me home foundation replaced. It is currently sitting on concrete blocks, approx 8' tall. There is dirt on only 3 sides with 2 sides about halfway up. The yard slopes front to back. The dimensions are approx 20' wide by 30' long. I am wanting to get rid of the blocks and solid concrete form. I know if will be pricey, but hoping that because of such a small place and being able to get in the basement and not have anything in the way, it won't be unbearable.
The concrete blocks started to fall in with the prior owner. There are deadman already attached, but if I get BO's first time homebuyer money, I have to stay in it for 3 years or pay it back. Although, now that I think about it, it may be cheaper to pay it back than a new foundation. I am not worried about not living in it or utilities being shut off. The only utilities coming through are the water, air and electricity, which isnt bad. Landscaping isn't going to be a problem either, we have knowledge for that. If it is going to cost what both of you think, I will live with it. I am just checking my options.
5 Answers
- 6 years ago
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RE:
Replacing House Foundation?
I know I am not going to get an exact answer, but was wondering if I could possibly get some estimates to what it is going to cost to get me home foundation replaced. It is currently sitting on concrete blocks, approx 8' tall. There is dirt on only 3 sides with 2 sides about halfway up. The...
Source(s): replacing house foundation: https://biturl.im/LzE4v - Anonymous5 years ago
You need to hire a licensed building inspector, then go from there. I would not put a signature on a piece of paper until then. A foreclosed home for the most part is, as is, and you don't know what you are getting. With the high rate of foreclosed homes right now, I doubt that the lenders have enough time or care to do a proper inspection. Remember the saying, "Buyer Beware." choose your own inspector, money talks and you will get better answers.
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- Anonymous1 decade ago
It will cost about $30 to $40k. Where is the house located? How old is it? It may be more than the house is actually worth. In other words, it may be more cost-effective to demolish the existing house, re-pour the basement, and build a new house in place of it.
