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According to Remodeling Online Magazine, a finished basement currently adds value to a house equal to about 75% of the cost of the job. This varies dramatically from place to place and can go as high as 103% of the job. Years ago, it was much higher. It's expected to drop from now until late 2010 and then bounce back, according to the analysts I've researched.
If you're interested in a link with some basement finishing pictures, I've included one from our home page:
http://www.totalbasementfinishing.com/finishing-ideas/
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∙ 16y ago
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Finished Basement?
form_title= Finished Basement form_header= Add living space to your home with a finished basement. What is the square footage of your basement?*= _ [50] Is your basement insulated?*= () Yes () No What is your budget for a finished basement?*= _ [50]
Can you add a basement as living sq ft?
If the basement is "finished" then yes. If it's a typical basement with exposed joists, no.
Basement Ideas?
form_title= Basement Ideas form_header= Add function to your basement. What is the square footage of your basement?*= _ [50] How do you want to utilize the space?*= _ [50] Is your basement finished?*= () Yes () No Do you want to paint your basement?*= () Yes () No
What are the requirements for a room to be living space?
From a real estate stand point or square footage standpoint, a living space has to have access to a bathroom (and I think a kitchen if on the main floor) within a certain distance of the room. Finished basements or attics are not considered living spaces if they do not have a bathroom on the same floor. Unfair, but true in most states. Although, you should always mention the finished basement or attic in the description because it does increase the value of the house. It is just not considered in the square footage. Depending on the size of the finished room and upgrades, it can add thousands onto the value of the home. A Realtor should be able to help with this. Also if selling a home, take snap shots of the finished room and add to the description, brag about any upgrades like carpet, shelves, closets etc. Most home buyers do not care if there is a bathroom in a basement that looks like a real den.
Will adding closet systems increase the value of my home?
Yes. Any additional storage and organization will add value to your home. It is a very inexpensive way to add value to your home.
Does a hot tub add value?
A hot tub will definitely add value to a home. Anything that is a pleasant extra addition, like a fireplace or pool, will increase the value of a home.
Finishing a Basement with Wood Floors?
Finishing a basement can be an extremely enjoyable activity, especially if it is done at a leisurely pace. That said, it's important to make the right decisions in order to ensure that your finished basement reaches your expectations. One of the best ways to add elegance to a finished basement is to incorporate wood floors. Wood floors are not only attractive, but are easy to clean and comfortable to walk on, making this option ideal for those who have pets or small children.
Does adding a bay window add value to your home?
It may add some value to your home, but probably not as much as it would cost to remodel and have one put in.
How do you go to your basement in sims3?
after you make a basement, just simply add stares.
Do solar panels add value to your home?
Yes
If you add a patio to your home will it raise property taxes?
If it increases the value of your home, yes. If not, no.
Does hardwood flooring add value to your home?
Yes, hardwood floors are more expensive than carpet, and easier to clean.They are prettier too and add a lot of value to your home. Makes it worth more.
