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Updated almost 6 years ago on .

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Patrick Micozzi
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Using a basement as additional living space in single family home

Patrick Micozzi
Posted

This is a valuation question regarding finished basements and the effect of them on the properties value.  Certainly, there are many things that enhance the quality and livability of the additional space created.  A few being, 1)open stairways to main living spaces and the out side  2) window wells that allow natural light 3) amenities such as a bathroom 

Please share your thoughts on the effects on resale value and your valuation method for calculating these effects.

Thank you

Patrick