This drought has cost billions in agriculteral damage, and now another billion dollars to private homes. U.S. drought adds up to costly fixes as basements, foundations crack | Nation/World | Detroit Free Press | freep.com Home repair businesses, especially those specializing in repairs to basements and foundations, can barely keep up with demand. Drought-related home damage is reported in 40 of the 48 contiguous states, and experts say damage to homes could exceed $1 billion. Dan Jaggers, a board member of the Basement Health Association, a Dayton, Ohio-based trade group for basement and foundation repair businesses, said this year's drought is probably the worst for homes since the late 1950s. Houses in the central U.S. -- from Louisiana up through the Dakotas -- are getting the worst of it, but significant damage is being reported all across the country, he said.