Get matched with top earthquake retrofitting specialists in Ash Flat, AR

Costs vary as much as timelines. The average earthquake retrofit costs between $3,500 and $8,700. However, homes on hillsides, large homes, and those with rooms over garages can cost up to $12,000 or more. Make sure to get a few estimates to compare the cost and services.

Generally, the retrofitting process can take two to four weeks. Your contractor will let you know if staying in your home for the entire project is feasible. However, most people are able to remain at home. If your home is undergoing earthquake rehab, it's more likely that you'll need to leave until work is complete. Your earthquake insurance may cover boarding costs if your home is deemed unsafe.

Many homeowners want to know whether earthquake retrofitting is tax deductible. Because it’s often considered a capital improvement, you usually can’t deduct it. In some cases and locations, you may qualify for tax incentives, but you’ll need to talk to a tax professional or the Internal Revenue Service (IRS) about your specific circumstances. You may also be able to find grant money for seismic upgrades, which can lower the cost of your insurance premiums and save money over time.

Projects will vary based on size and scope, but an average earthquake retrofit takes between two weeks and two months. This includes the initial evaluation and plan, bidding and contract paperwork, permitting and approval process, actual work, and final inspection. Your contractor should give you a more accurate time estimate for your specific project, and they may be able to estimate how long the permitting process will take for your area.