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Updated almost 7 years ago on . Most recent reply

User Stats

127
Posts
78
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Jason Cacioppo
  • Real Estate Agent
  • Commerce CIty, CO
78
Votes |
127
Posts

Partial Reno in Basement for Nerd Cave. Did I add value?

Jason Cacioppo
  • Real Estate Agent
  • Commerce CIty, CO
Posted

 So here is the situation. I cleared out my game room in my 3 bedroom home in order to make space for a potential second roommate. I did a partial remodel in the basement which consisted of painted ceilings and laminate plank flooring. Its my new nerd cave. I wanted to do it myself and ensure it wasn't a full finish to avoid paying property taxes on additional livable square footage. Its clearly a DIY job as the reno has a lot of imperfections. The question is; have I added any value to the home? If I decide to sell, can I raise the value of the property by having such a reno? Or, will buyers ignore it as its technically unfinished?

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