Average Cost of Precast Concrete Foundation

The average hourly cost of precast concrete foundation installation ranges from $80 to $120 per hour. The total cost of the foundation will depend on various factors such as the size, complexity, and location of the job.

Cost Breakdown

The cost breakdown for precast concrete foundation includes materials, labor, and equipment costs. Materials make up the largest portion of the cost, accounting for 55% to 65% of the total cost. Labor costs typically account for 30% to 40% of the total cost, while equipment costs make up the remaining 5% to 10% of the total cost.

Factors Affecting Cost

The type and quality of the accessory used for the precast concrete foundation can affect the overall cost. For instance, the use of high-quality steel reinforcements can increase the cost of the foundation. The complexity of the job, such as the number of corners and angles, can also increase the cost. Additionally, the location and service provider can affect the cost of the foundation. Service providers in urban areas typically charge higher rates than those in rural areas.

Cost Fluctuation for Professionals in Different Categories

The cost of precast concrete foundation installation can vary greatly depending on the category of professionals hired. General contractors and construction companies charge an average of $100 to $120 per hour, while specialized foundation contractors charge an average of $80 to $100 per hour. DIY enthusiasts can save on labor costs by installing precast concrete foundation themselves. However, it is important to note that inexperienced individuals may end up spending more due to mistakes and errors during installation.