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Structural Engineering questions, answered by experts

It depends on the bank and the extent of the issue. Some banks will lend against homes with minor foundation damage, but most won’t if the issue is structural since the home acts as collateral for the mortgage. Banks that offer renovation loans might still finance a home with structural problems. More minor issues like settling cracks and intermittent problems with humidity are unlikely to stop a bank from financing.

No, squeaky floors do not always mean there is structural damage. The noise is often caused by friction from issues like loose floorboards, gaps between the subfloor and joists, or loose subflooring. While many squeaks are harmless, persistent or worsening noise could indicate a more severe problem. If you notice other signs of structural damage—such as soft or sagging floors, cracks running from the wall to the ceiling, or horizontal cracks in your foundation—it's best to have a professional inspect your floor to determine the root cause.

Most load-bearing walls are exterior, though they can also be interior.

The average cost to hire a structural engineer is about $550, with prices generally ranging from $200 to $1,500. Structural engineers may charge a flat rate, by the project, by square footage, or an hourly rate, which is typically between $100 and $250. Many jobs, such as inspections and structural calculations, are billed at a flat rate, which often falls between $300 and $800. The final cost depends on several factors, including the project's type, scope, size, complexity, ease of access for inspection, and your geographic location.

Structural engineers typically conduct inspections during a home sale or renovation, looking for signs of structural damage in various structures throughout the building, such as load-bearing walls, joists, beams, roofing trusses, foundations, and chimneys. Some of the warning signs that structural engineers check for include:

  • Dry rot

  • Infestation

  • Shifting or cracking foundations

  • Erosion

  • Water damage

  • Sagging, shifting, or damaged walls, ceilings, or roofing support

The Pender, NE homeowners’ guide to structural engineering services

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