The average sale price of a home in Manhattan last year was $1.46 million, according to a recent Douglas Elliman report, while the average sale price for a new home in the United States was just under $230,000. The middle class makes up a smaller proportion of the population in New York than elsewhere in the nation.
With major foundation repairs involving hydraulic piers costing $10,000 or more, and minor cracks costing as low as $500, most homeowners will pay around $4,005 to repair foundation issues. Here are a few things that can influence the cost of a foundation repair.
Building a foundation costs an average of $3,994 and $11,907, with most people spending $7,845. The cost of the project can differ depending on the type of foundation you install.