How Foundation Cracks Can Affect the Value of Your Home | Mishawaka, IN

Foundation Repair | Mishawaka, IN

 

Are you planning to put your home on the market? You will probably want to get the best price possible. However, having foundation cracks may decrease the value of your home even if they are not obvious. They may:

  1. Result in a safety issue

No one wants to put their money into a home that is not safe. Many potential buyers will have the home inspected to ensure that it is safe for occupation.

Foundation cracks can result in various structural problems throughout the home. These structural issues may be identified during the inspection. They are most likely to put off potential buyers from making an offer on your home. You may be forced to reduce your asking price in order to close the deal.

  1. Result in mold growth

When cracks appear in foundations, moisture problems are not far behind. A moisture problem will facilitate the growth of mold and mildew. When the spores released from mold are dispersed in the air within the home, this will result in a widespread infestation as well as various health concerns.

A mold infestation can affect the value of your home. No one wants to buy a home that is moldy. Mold is a health hazard that should be avoided. Dealing with the mold can be expensive and a nuisance.

  1. Extra expenses

When a potential buyer spots the foundation cracks, they will want to know how much it will cost to fix the cracks. If you get a buyer that is willing to purchase the house and fix the cracks on their own, they will most likely demand a reduction in the purchase price of the house to cater for the repairs. You could end up losing a lot of money as a result.

 

Foundation Repair | Mishawaka, IN

Fix those cracks

The bottom line is that your home should be in the best condition possible if you want to get the best price for it. If you have spotted foundation cracks in your basement, the best time to fix them is now. Do not wait to place your home on the market to start attending to the issues. They will only get worse over time.

There are various ways that you can repair cracks in foundations. Using carbon fiber straps is one of the most cost-effective solutions. The solution allows for greater flexibility with the use of the space in the basement and it is maintenance-free.

 

Contact the professionals at Everdry Michiana today! (800) 686-3267