In the newest Real Estate podcast Joe Asamoah talks about turning the basement of homes into extra bedrooms. It got me thinking, what will an appraiser consider a bedroom in Ohio? What are the specific things that the room would need? Would I need to pull permits when constructing these bedrooms? What would I look for in a property if I wanted to do this? Thanks for your time!
@Todd Snyder talk to the local building inspector. Most need a closet or it is considered a den. In my jurisdiction you have to have an egress window. Some set a minimum ceiling height.
@Todd Snyder The specifications change by area. Consider windows, closets, and the room should not be a pass through to another room. Windows may have size and height from floor requirements. Egress windows are an expensive install. Square footage can also be at play.
With basement remodels, have them fully waterproofed first! Mold will grow in absorbed moisture even in a "dry" basement.
Egress windows and suitable exits are the primary considerations. As far as appraisals, some don't really add value for any below grade bedrooms and others do, it varies regionally. Extra bedrooms should make the property more marketable despite what an appraiser thinks. Make sure to get permits for any changes. The egress windows are going to be required. This isn't local code but all across the USA...
@Renee Moomey Great tip on the water proofing thank you!
@John Teachout Thank you for answering all my questions and all my future questions haha