Basement Foundation Cost and What Factors to Determine
The cost of building basement foundation will vary, depending on the foundation type and location where it is built. However, there are still more important factors that determine the basement foundation cost. Today, we will briefly explain them to help you calculating the final cost, so you can plan for the budget properly as well.
Basement Foundation Cost Factors
The cost of basement foundation normally will vary from location to location due to variations in labor and material costs. For instance, when a specific type of foundation is commonly built in a certain location, local contractors are thus better equipped to build it rather than other foundation types. The slab foundation is also a factor determining the cost of building foundation for basement, since it will include many tasks to perform.
The perimeter foundation will cost you more than the slab one and indeed includes many tasks to do. If you want to lower the cost, you can build the foundation with precast concrete blocks. Typically, the cost of perimeter foundation ranges between $18,000 and $21,000. Last but not least is a full basement that is the most expensive basement foundation type and the cost will range between $13,000 and $30,000
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