Elevating a residential structure by 0.6 meters typically involves substantial costs, ranging from thousands to tens of thousands of dollars. This price variation depends on several crucial factors, including the house’s size, weight, foundation type (slab, pier and beam, basement), the local terrain, and the chosen lifting method (unified jacking system, cribbing, steel I-beams). For example, a small, single-story home on a flat lot with a pier and beam foundation may be less expensive to elevate than a large, two-story home on a sloped lot with a slab foundation.
Raising a residence can provide several key advantages. In flood-prone areas, elevation mitigates flood risk and can significantly reduce insurance premiums. It also allows for under-house improvements like adding living space, reinforcing the foundation, or installing updated plumbing and electrical systems. Historically, house lifting was primarily utilized for relocation. However, with increasing concerns about rising sea levels and more frequent extreme weather events, elevation for flood mitigation has become increasingly prevalent. This proactive measure preserves property value and enhances safety.