Talk of The Villages Florida - View Single Post - Sink hole!
Thread: Sink hole!
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Old 04-21-2014, 09:10 AM
Steve9930 Steve9930 is offline
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Quote:
Originally Posted by tommy steam View Post
I guess the insurance will cover it ,but I wonder what it is costing to do something like that?
I'm guessing at $500 per truck load times 40 trucks = $20, 000 in material alone. Maybe more maybe less?? Plus wages for how many people, repair to the foundation, driveway, and underground piping that I saw? Not a cheap Date for sure! I went through the internet and tried to find an average cost for one of these repairs. The best guess on average, depending on the hole involved, I saw a quote between $25k to $50K. But it could go into 6 figures. The best repair is grout with under pinning of the foundation. I also saw where you have to disclose the fact that there was a sinkhole and the type of repair when you sell the home. I hope I never have to find out how this all plays out.