Quote:
Originally Posted by speede5
Under an existing home? 50K?
You have to support the house, that's 5K easy. Remove old foundation, another 5. An easy 30-40 to pour a new foundation.
And that doesn't account for whatever chimneys/vents need to be removed, services altered, plumbing upgrades, etc.
Why would you need to pour a new foundation? There may be other options if you are dealing with cracks or shifting.
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Quote:
Originally Posted by You Need a Thneed
50k is probably light. That's a lot of work, which can't be done easily. Obviously, an engineer would be involved. Excavation, disconnecting services, rental of temporary supports, demolition, cribbing, pouring concrete, backfill, reconnecting everything, redoing landscaping/fencing etc.
Many of those tasks would be made more difficult by being cramped for space, and the need to keep the existing house intact.
Many variable factors too that makes any guess not very valuable.
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Quote:
Originally Posted by Fuzz
Just curious, what's wrong with the foundation?
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Quote:
Originally Posted by puffnstuff
There was a poster asking about thoughts on purchasing a house with a wooden foundation a while back. I didnt know such a thing still existed in Calgary. Did you find that house? I think the consensus was to run away from it as far and as fast as you could.
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Puffnstuff is correct. It is a wood foundation house and I was just throwing around the idea the possibility of replacing it with a concrete foundation down the round. I have no problem living in the house while the foundation is wood, in fact the basement seems warmer and drier than concrete foundation basements I've been in. But I know down the road when the home is sold it will be an issue for resale.
I was wondering if you could get the house for $75K under market value, if you could price in the cost to pour a whole new foundation. I'm guessing the basement would need to be torn up? It's a recently finished basement so that would be a shame and big additional cost.