Foundation Wall Repair Restores Home Value

The Challenge
The home was built around the turn of the century with building materials common at that time. The foundation walls were constructed of rubble, stone and brick, which had started to deteriorate excessively over the long life of the home. After more than 40 years residing in the house, the homeowners decided to sell the home and move to a retirement community. Unfortunately, due to the deteriorating state of the foundation walls, potential home buyers were scared to make on offer on the house. The homeowners tried reducing the price of the home in order to sell it, but after receiving no offers for more than a year, they decided they needed to remedy the problem. Their initial calls were to two foundation repair contractors who both told them the foundation was “too far gone” to fix it with common repair methods such as anchors, beams or carbon fiber straps. They then contacted a foundation replacement contractor, but the homeowners quickly learned that total foundation replacement would be very expensive and would not provide a warranty that they could pass on to the new owner. They needed a repair solution that could be completed quickly and economically so they could finally sell their home.

The Solution
Thrasher recommended the Shotcrete Wall Restoration System in conjunction with Geo-Lock™ Wall Anchors to remedy the situation. The Geo-Lock™ anchors were installed along all four of the home’s foundation walls to first stabilize the existing walls. Shotcrete was then applied to all four walls, permanently embedding the anchors into the walls and stabilizing the foundation. The restored walls were then smoothed out for a professional, neat and clean look. The installation took less than one week to complete, and the house was immediately placed back on the market. Not only were the shotcrete walls an economical solution to a significant problem, they also restored property value in the home. In fact, the homeowners were able to sell their home within two months of the restoration of their foundation walls, and they received their full asking price!

 

Before: deteriorating foundation wall.

Before: deteriorating foundation wall.

Wall anchors are installed.

Wall anchors are installed.

Shotcrete is applied and wall anchors are embedded into the foundation wall.

Shotcrete is applied and wall anchors are embedded into the foundation wall.

After: foundation walls are completely restored.

After: foundation walls are completely restored.