Backstory: Had a major storm where i live (Wisconsin) in early march. Rained like absolute crazy. we had just bought the house (we actually had our gutters scheduled to be replaced the week after this storm), and the gutters were terrible and had no downspouts. The basement leaked water (i wouldn’t say flooded, but a considerable amount of water came through my finished basement). We had the carpet scheduled to be replaced with LVP the next week as well; we ripped up the carpet and have halted anything to do with our basement.
So, we had several companies come out to actually to look. This wall has a considerable crack (pictures below). The image showing the crack, the water was coming out right where the crack splinters off. We tore all the drywall down on that wall and plan to replace it once we decide what to do. My question is, should I pay to have this fixed? We had the front completely re-graded, new gutters with downspouts that extend 10 feet away from our house, and have not had a drop of water come in through that crack in the last two months. The quotes i got to fix the wall (basically, use either beams or geolock anchors to hold the wall up/straigten it out) were over $7500. The wall is apparently 1 1/2 inches bowed in at it’s worst point. Should i spend the money to get this wall fixed? Or should i do my plan of:
1. Remove the studwork
2. Fix the cracks
3. Do waterproof paint on the entire wall
4. Apply the proper insulation to the wall, re frame with studs (not against the concrete) and put drywall back on
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