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does a finshed basment add value?

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May 03 2010 - Beaver
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Answers (2)

In an appraisal sense, you must ask appaiser. Depends likely on where you live.
In my opinion though as a REALTOR representing buyers, yes it does add value and more desire,.... if the buyer(s) like to have more storage/rooms.
It is like asking a person if closets are important....most would say the more, the better,
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May 03 2010
A finished basement would probably bring the greatest value if it included an additional bedroom -especially if the home is short of bedrooms on the upper floors or the bedrooms are small. It may also bring value if the house lacks a decent family room, if there's a walk out basement and if it adds a bathroom to a one bathroom home.
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May 03 2010
 
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does a finshed basment add value?
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