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Answers (3)
- Elisa Mullins, CPM, Broker, "discountrealtor"
- Contributions:515
no;
it should not; it is not finish that is original to construction and therefore not as valuable or as similar in finish... and especially if its below grade-- which is in most cases..then it should not be considered greatly;
if it has a value.. its a minor part of total home value in most cases.. unless it was part of original construction / type of home where lower level is mostly above grade and has same construction as main part of home.
good luck.
it should not; it is not finish that is original to construction and therefore not as valuable or as similar in finish... and especially if its below grade-- which is in most cases..then it should not be considered greatly;
if it has a value.. its a minor part of total home value in most cases.. unless it was part of original construction / type of home where lower level is mostly above grade and has same construction as main part of home.
good luck.
- SoCal_Engr
- Contributions:5663
What about this house? Otherwise, I'd have to agree that the basement should not constitute a "major part of the estimated value". Then again, what do you consider "major"?
- wetdawgs
- Contributions:26804
I would think the basement would only be a minor portion of estimated value. In many states (I don't know for MO), the below grade area of a home is not listed in the square feet for the house.
Don't you think a major part of the estimated value should include the value of the basement?
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