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Updated over 3 years ago on . Most recent reply

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199
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42
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Simon Obas
  • Rental Property Investor
42
Votes |
199
Posts

Should I finish the basement?

Simon Obas
  • Rental Property Investor
Posted

Home flippers: would love your opinion/advice. I am in the middle of a flip and I originally wanted to finish the basement. I’m close to the end of the flip and I honestly just want to be done with it, list and sell it. Finishing the basement will take more time…. How much more money could I sell the home for with a finished basement vs not finished? Are we talking $5k or $30k? I know it depends on the comps, right? I’m located in CT. The home is 3776 square feet, the basement is 900 square feet. Should I just focus on above grade and nix the basement? Or should I just finish the basement? Any thoughts would be grateful for a newbie investor. Thank you.

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