Get matched with top concrete repair specialists in Tatum, NM

The average home foundation lasts between 80 and 100 years, but some can last much longer with proper maintenance and routine inspections. The lifespan depends on the foundation type, soil conditions, climate, and construction quality. Poured concrete walls can last up to 200 years, brick or stone foundations over 100 years, cement block foundations 80 to 100 years, and pier foundations about 75 years. Factors that can shorten a foundation's life include expansive clay soil, poor weather conditions, low-quality building materials, improper construction, and tree roots. Signs of damage include sloping floors, bowing walls, cracks, and doors or windows that stick.

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.

A slab-on-grade or slab foundation is a great option in many areas—usually in warm or moderate climates—and has been a successful foundation style for many decades. Slab foundations don’t require excavation or concrete block wall construction, so they’re the least expensive foundation type. They’re also the fastest to construct and don’t have many issues with moisture or water intrusion. However, they don’t give you extra storage space or potential living space like a crawl space or basement would, and they’re not ideal in colder areas where utility lines can freeze and frost heave can cause major damage.

You can use epoxy-based concrete fillers to repair small cracks and dents in the floor. For larger damages, remove any debris, then patch the cracks or holes with concrete repair products or resurface the entire floor. We recommend using fast-curing products that cure in four hours. You can also buy a pre-mixed concrete patch and leveler if you are only repairing parts of your floor.