Q: Is it cheaper to buy a house or build a new one?

<div>Typically, it&rsquo;s more affordable to <a href="https://www.angi.com/articles/building-vs-buying-house.htm">buy an existing home than it is to build a new one</a>. New construction loan interest rates tend to be higher than interest rates for traditional mortgages. Additionally, the cost of materials is likely higher when building a new home than it was when an existing home was built (unless it&rsquo;s a very new one). You&rsquo;re also paying for all new appliances, finishes, permits, inspections, and connections for water, gas, and electricity. </div>

Q: How do you fix foundation problems?

<div>If you&rsquo;re noticing signs of foundation issues, the first step to fixing a foundation problem is to <a href="https://www.angi.com/articles/10-tips-hire-foundation-repair-inspector.htm">hire a foundation repair inspector</a>. They will determine the problem, the cause, and the severity before recommending a course of action to repair the foundation. The method for fixing foundation problems depends on the problem and what options are available. A few possible solutions include:<ul><li>Epoxy injections</li><li>Mudjacking</li><li>Piers made of steel or concrete</li><li>Jacks </li><li>Hydraulic piers</li><li>Carbon or steel reinforcement strips</li><li>Waterproofing materials</li></ul></div>

Question 1

How do I find a local home builder?

Accepted Answer

One starting point to find a local home builder is to collect suggestions from friends and neighbors. However, it’s still wise to do some more research before you hire a builder. Read reviews to supplement any word-of-mouth recommendations. Check sources like Angi that have standards and criteria in place to screen the pros it lists can also help you find more reputable local home builders.

Question 2

Is it cheaper to buy a house or build a new one?

Accepted Answer

Typically, it’s more affordable to buy an existing home than it is to build a new one. New construction loan interest rates tend to be higher than interest rates for traditional mortgages. Additionally, the cost of materials is likely higher when building a new home than it was when an existing home was built (unless it’s a very new one). You’re also paying for all new appliances, finishes, permits, inspections, and connections for water, gas, and electricity.

Question 3

What are the first signs of foundation problems?

Accepted Answer

The most common first signs of foundation issues include:

Cracks in the foundation walls that grow
Signs of moisture or water leaking through cracks in the foundation
Standing water in the basement
Sagging floors or walls
Cracked walls in upper floors
Doors and windows that don’t close properly anymore

Question 4

How much does foundation repair cost?

Accepted Answer

Foundation repairs cost about $5,000, on average. Typically, prices range from $2,200 to $7,800, depending on the type and extent of repairs needed. Cost factors include foundation type, home size, soil stability, accessibility, and the ultimate cause of the problem and what methods and materials are required to fix it.

Question 5

How do you fix foundation problems?

Accepted Answer

If you’re noticing signs of foundation issues, the first step to fixing a foundation problem is to hire a foundation repair inspector. They will determine the problem, the cause, and the severity before recommending a course of action to repair the foundation. The method for fixing foundation problems depends on the problem and what options are available. A few possible solutions include: