Elevating a residential structure involves lifting the entire building onto temporary supports, allowing for modifications to the foundation or lower levels. This process is typically undertaken to mitigate flood risk, create additional living space, or address foundation issues. For example, a homeowner in a flood-prone area might choose elevation to protect their property from rising water levels, while another might elevate to add a full basement or garage.
The financial investment in this type of structural alteration provides long-term benefits such as increased property value in flood-prone regions, expanded living or storage area, and improved structural integrity. Historically, raising buildings was a labor-intensive process, but modern techniques and equipment have made it a more efficient and predictable undertaking. This practice has become increasingly relevant with the growing awareness of flood risk and the desire for maximized living space in existing homes.