I am looking to purchase a home in Utah and am wondering how much it would cost to create a separate entrance into a furnishes basement. Any recommendations or referrals would be appreciated.
In my experience a basement entrance runs $7,000-$15,000. I would plan $10,000 as a general estimate.
Go get a contract since you have a lot of variables. Then ask for what soft costs (permits) are.
Have no clue on an estimate otherwise, since you'll need to prevent moisture from entering via the door.
@Esteban Medina thought I’d put my “2 cents” in here as I actually just terminated a contract due to a basement issue.
So, we had a 3 unit building with one of the units being a basement unit. Separate entrance and all.
The appraiser wouldn’t recognize it as a unit because it was below grade.
Not saying that will happen to you. But just be mindful if you are hoping to add value through a basement unit.
You may or may not have that issue down the line.
@Esteban Medina I cut a basement entrance into my home in Lehi 2 years ago, and it cost me about $7000. We did have to get a permit from the city and have inspections, but the process was very straightforward.
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