The past performance of foundations in earthquakes for timber dwellings prompted a practical investigation into the adequacy of existing sub-floor bracing, connection capacity and the overall adherence to NZS3604:1999. Using information gathered from a sample of 80 Wellington dwellings and by using the results from an Earthquake Loss modeller, it was found that the cost of upgrading “at risk” foundations is almost 30 times less expensive than the complete cost of rebuilding dwellings. Potential damage mitigation saves around 5 times the calculated total damage costs. This saving has the potential to reduce temporary shelter costs and other large unknown costs of post-earthquake rehabilitation and reconstruction.