So, I've had the mifortune of discovering a crack in my foundation wall. I called in a foundation company and the guy explained that what's likely happened is that the front of my garage settled and as it did it pulled the precast stairs in the front of the house along with it, and caused them to press into the foundation wall, causing a pressure-crack... It's kinda a two U shaped crack; where the crack starts at the top of the wall, dips down to the pressure point, and then goes back up. Cracks go down from the pressure point in a U shape in a similar way. The wall bulges there EVER so slighty (almost unnoticeable)...
Of course, the foundation guy recommends excavating all along the foundation along the crack to water proof. He recommends to excavate under the precast stairs, and then around and under the garage floor slab as illustrated in this picture:
I haven't got the estimate just yet, but I have a bad feeling it's gonna be a doozie..
My question is, since no water leaks in this crack yet, is it reasonable to take a more limite approach such as installing the reinforcement bar, and then simply monitoring the crack to see if it's getting worse? I figure i could epoxy some overlapping plexiglass plates to either side of the crack with a gridwork on one and reference cross-hairs on the other; then just basically monitor the two to see if there is movement.
I know that excavating, water proofing from the outside, and then backfilling with well drained pea-gravel is the "right thing to do", but this is my first home and I'm not exactly in a position to shell out for a major repair such as this.
Any opinions are welcome...
Thanks, snipped-for-privacy@egunn.com