When it comes to basement leak repair, an average cost incurred by the owners is anywhere near $4,273 while minor repairs would require as low as $600. However, if the property needs to fix cracks in home’s foundation or installation of gutters and drains, then owners should have to pay at least $10,000. In short, the cost of basement repair depends upon various variables, costing anywhere between $2,086 and $6,491.
Apart from physical location, basement waterproofing is an important part to avoid issues in the future. It doesn’t matter how attentive or careful owners are, once water starts to enter the foundation, it would be quite difficult to avoid basement leak repair. Sometimes, owners might have to repair cracks in the foundation or install drains and gutters to avoid getting into big trouble later on. However, if someone doesn’t have idea about what and how to do, then it’s recommended to consult with a licensed individual and get to know about the importance of exterior foundation sealing.
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Exterior Foundation Sealing
To begin with, take an experienced consultant on-board so that he/she can guide about how to proceed. Once homeowners have an idea, it would be quite easy to create a plan of what and when to start working. Since the crawl space is one of the vital places to accumulate water, it’s better to start by sealing the area. Be sure to spend anywhere from $1,500 to $15,000, depending on the circumstances and prevailing factors.
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Expense of Damp Proofing Vs. Waterproofing
Practically, damp proofing charges between $3 and $6 per square foot while when it comes to waterproofing, owners might have to spend a bit high i.e. from $5 to $10. Would be wondering what are the factors behind this difference? Well, that’s because of the fact that damp proofing cannot resist actual water leakage and therefore, spending a bit high on waterproofing turn out to be a wiser decision.
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Cement Waterproofing
A bucket of 5-gallon cement may cost around $40 while it covers 100 square feet of the foundation. Now adding labor and other services, the cost may rise up to $1,500 for cement waterproofing. The best of all, it gives satisfactory results for full basements and crawl spaces.
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Foundation Waterproofing Membrane
As a costly alternative to cement waterproofing, the process includes the addition of drainage panels, excavation and installation of the membrane. Homeowners might have to pay up to $15,000 while they are rest assured about getting the best outcomes.
It requires installation of membranes on the exterior wall. These membranes have rubberized asphalt that are laminated with a polyethylene film to make them waterproof.
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Exterior Weeping Tiles
The last option to avoid high basement leak repair cost is to divert water away from the home’s foundation before it seeps into the walls. The expense is incredibly low i.e. around $100 to $250, according to the accessibility and excavation depth.
Contrary to their name, weeping tiles are made up of plastic pipes with punched holes. These holes allow water to enter the pipes instead of seeping into the walls. This addition is particularly ideal for damp climates when even concrete foundation, crawl spaces and basements cannot resist water from entering.