Lmalnati
Geotechnical
- Sep 11, 2004
- 8
I own an 80 year old houes outside Chicago. The NE section of the house has sunk 7 inches. I have only lived in the house for 2 1/2 years so I do not know how much has sunk recently, but it appears to still be moving based on drywall, cracks on the cement blocks (vertical and horizontal), etc.
A structural engineer said I could spend 62,000 for Hydraulic push piers, helical supports,etc., but I am better off call in a bulldozer and selling to a builder. The engineer mentioned the settlement could be due to peat, however I have never had flooding and I have no sump pump. The fact I have had no flooding seems to stump everyone. The land is graded toward the street (NE)and rain accumulates in the street.
If I were to have a soil test and it showed peat underneath would this be expensive for the builder to correct this issue. The engineer says its a waste of my money to have a soil test done since the builder would perform a test anyway.
My fear is not only have I lost my property value, but now I have lost my land value. Any suggestions ? Please note I bought the house for appx 175,000
A structural engineer said I could spend 62,000 for Hydraulic push piers, helical supports,etc., but I am better off call in a bulldozer and selling to a builder. The engineer mentioned the settlement could be due to peat, however I have never had flooding and I have no sump pump. The fact I have had no flooding seems to stump everyone. The land is graded toward the street (NE)and rain accumulates in the street.
If I were to have a soil test and it showed peat underneath would this be expensive for the builder to correct this issue. The engineer says its a waste of my money to have a soil test done since the builder would perform a test anyway.
My fear is not only have I lost my property value, but now I have lost my land value. Any suggestions ? Please note I bought the house for appx 175,000