Creating basement separate entrance

Creating basement separate entrance

Rental Property Investor · Orem, UT · Member since 2019 · 7 posts · 6 votes

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.

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Amy KendallBusiness Member
Real Estate Broker · Lehi, UT · Member since 2016 · 397 posts · 318 votes
6y

@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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  • Salt Lake City, UT · Member since 2018 · 219 posts · 182 votes
    6y

    In my experience a basement entrance runs $7,000-$15,000.  I would plan $10,000 as a general estimate. 

  • Real Estate Broker · Portland, OR · Member since 2019 · 4k+ posts · 2k+ votes
    6y

    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.

  • Real Estate Agent · Warrior Run, PA · Member since 2016 · 341 posts · 146 votes
    6y

    @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.

  • Amy KendallBusiness Member
    Real Estate Broker · Lehi, UT · Member since 2016 · 397 posts · 318 votes
    6y

    @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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