How Can Foundation Problem Impact Resale Value of a Home?
Every homeowner pays attention to the value of his or her home, whether you have just purchased your "forever home" or plan on marketing your home in the next few weeks. In this connection, you probably know that the main structures and systems of your home – including the foundation – directly affect the values of your own property.
Damaged Foundation and Resale Value
How does a foundation problem affect the value of my home? This may seem like a simple question, but no simple reply. A variety of factors depend on the link between base damage and resale value.
Repair Cost
If there is serious structural damage, the base should be repaired by someone. You are – the actual owner – or the future buyer. No matter who writes the check, you are the one who is going to pay it. To resolve the problem or reduce the sales price you'll hire a contractor to compensate the expense.
Again, the cost of repairing a foundation depends heavily on the type of foundation, the seriousness of the problem, the home size and a variety of other factors.
Low Curb Appeal
The first impression of a home plays an important role in the evaluation of a property by a prospective buyer. Unfortunately, problems with foundations can adversely influence the curb appeal. People want a good and secure home. Floors, ceiling cracks, obvious foundation cracks or even a simple knowledge that a house has previously been founded can be sufficient to turn away even the most enthusiastic purchaser.
Prevent Future Damage
You want to be sure that you don't have additional problems in the future if your home already has some basic damage. In addition to addressing the current cause, here are a few tips to prevent further damage that could further depreciate your property price.
Check the Water - Most fundamental problems are caused by, or aggravated by, the result of water. So you can avoid most problems if you can prevent water from building up near the foundation. This is easier to say than to do, but always look for water or moisture.
Take Care of the landscaping - Were you aware that by planting trees too near your home you can actually compromise the foundations of your home? Trees which have deep roots close to the foundation of the house can cause a number of problems in future years. Before planting, make sure you understand how far roots extend.
Monitor the Slope - Pooled water near the foundation of your home is never good. You should ensure that the slopes of the yard are away from the house, so that excess water can be drained in the foundation otherwise. Always ensure that downpour and gutter are in the correct directions on a related note.
Professional Help
The problems of foundation are seen as critical problems which can push the purchaser away. Even the most knowledgeable do-it-yourselfers lack the expertise to fix a damaged foundation. Call Ramjack by American Leveling in Oklahoma City for help.