Zillow Advice: Home Selling - If I want to sell my house, should I put the money in and finish the basement? http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ Zillow Advice | Zillow Real Estate I like to use data to make ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ I like to use data to make the decisions when advising clients. I'd come up with the answer by doing two market analyses, one with finished basement and one without. It also depends how much you plan on spending. If you were going to finish your basement for $10,000-15,000, you can expect to get that money back vs an unfinished basement, especially if you're adding BRs or BAs. Mon, 06 Jan 2014 19:34:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2014-01-06T19:34:00Z check out the competition, ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ check out the competition, if it will add value and not over-improve. Do it. &nbsp;Buyers like turn key properties. &nbsp;The cost of renovating or fixing anything is inflated in the mind of the buyer. &nbsp;They will guesstimate it's cost twice as much as it will really cost. &nbsp;Also, I assume you are in Chicago, the more finished space the better!!!<br/>Good luck!<br/>karen Fri, 03 Jan 2014 18:36:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2014-01-03T18:36:00Z Very few major home renovations ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ Very few major home renovations receive 100% payback.&nbsp; Lists of the % payback on projects are available on several sites.&nbsp; Let this be your guide on how much you can expect.&nbsp; Obviously the costs of a good cleaning and a paint job are worth the investment. Wed, 01 Jan 2014 00:01:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2014-01-01T00:01:00Z Depends on where you live.Ask ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ Depends on where you live.<br/><br/>Ask your REALTOR to give you comps showing the SOLD price and Days on Market of homes with and without basements. &nbsp;Then compare what it will cost to have a nicely finished basement.<br/><br/> Tue, 31 Dec 2013 23:48:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2013-12-31T23:48:00Z I usually recommend that ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ I usually recommend that my clients not spend a lot of money, Paint is cheap, and a good clean up and staging can do wonders, but it really depends on how the market is in your area. Which is why I agree with the others, have a realtor come by and see what they think.&nbsp; Tue, 31 Dec 2013 22:32:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2013-12-31T22:32:00Z I would suggest finding a ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ I would suggest finding a few good Realtor's to take a look at your home and give you their valued opinion. Sometimes depending on the situation it's better to sell as is because a buyer may want to come in and redo everything. But again&nbsp;it's best to get&nbsp;the advice&nbsp;of a&nbsp;Realtor first. Good luck with the sale of your house. Tue, 31 Dec 2013 22:24:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2013-12-31T22:24:00Z Discuss with a local Realtor ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ Discuss with a local Realtor Member, they will be able to help you with the information needed to make this question.&nbsp; Tue, 31 Dec 2013 22:13:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2013-12-31T22:13:00Z It depends on the overall ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ It depends on the overall condition of the property and market conditions. &nbsp;I've sold several homes in the area and a finished basement was a big plus for buyers. Tue, 31 Dec 2013 22:07:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2013-12-31T22:07:00Z Contact a couple realtors ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ Contact a couple realtors and get a comparative market analysis. This will give you a good idea of how much a finished basement adds to the price of a property in that area.&nbsp; Mon, 23 Dec 2013 19:10:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2013-12-23T19:10:00Z Depends on the current value ... http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ Depends on the current value of your home and the other features it offers in the marketplace. Get an experienced listing broker to value the home and inform you how much more value would come from a finished basement. The broker should be able to help you with a cost:analysis to determine if you should invest the dollars to get a better return. Thu, 28 Nov 2013 20:26:00 GMT http://www.zillow.com/advice-thread/If-I-want-to-sell-my-house-should-I-put-the-money-in-and-finish-the-basement/519978/ 2013-11-28T20:26:00Z