Survey: Owners Fear Financial Burden of Foundation Repairs

About a quarter say they’d rather sell their home than fix a problem with its foundation.
Foundation and crawl space of a home

© slobo - E+ / Getty Images

Foundation repairs can be costly, so it’s no wonder homeowners are concerned about the condition of the foundation their home sits on. Seventy-eight percent of 978 owners recently surveyed say they’re worried about foundation damage to their home, according to a new survey from Groundworks, a nationwide foundation services firm.

Many homeowners say they’ve had to deal with some foundation damage to their home already. The most common issues were from water or moisture issues; basement concrete or foundation cracks; sloping, sagging, or uneven floors; and cracks in the ceiling or walls, the survey finds.

Chart: Common home foundation repairs


The expense of foundation repairs contributes to their concerns. Of the 605 survey respondents who experienced foundation repairs, 47% had costs ranging from $100 to up to $1,000; 35% had repair costs between $1,001 to $5,000; 13% had costs between $5,001 to $10,000; and 5% of respondents said their repairs totaled more than $10,000.

Overall, about a quarter of the nearly 1,000 respondents said they would rather sell their home than fix their home’s foundation issues. Thirty-nine percent said they’d prefer to sell their home as-is if necessary.

Groundworks says that the most common foundation defects on homes they see include:

  • Tree and shrub roots: Plants that are too close to the foundation can have root systems that damage the home’s foundation.
  • Settling: Drought conditions can lead to the uneven settlement of a home.
  • Sinking: Too much water around a home’s foundation from improper drainage or rain and flooding can cause the home to sink.
  • Poor workmanship: Possible issues could be the concrete mix having too much water that could result in weak cement or the concrete could be improperly leveled.