Byron Center Condominiums | Models Open: Wed 2-6, Sat 2-4

Mission: Sell Your House! Part 15

Maybe it is time to remodel that creepy basement?

Mission:  Basement Finishing or Remodel

Buyers like options.  They like options in a home where there could be a variety of solutions for their ‘stuff’, or they like the flexibility a space may bring.  By finishing or renovating a basement, a seller could add significant value and appeal to their home.  Basements are not tucked away storage facilities where long lost toys go to collect dust.  Basements are now popular for ‘user specific’ spaces.  Man caves, exercise rooms, entertainment space, guest suite, and play areas are popular uses for the modern day basement.  Also, much like a sun porch, a basement provides additional finished square footage to the home. It also opens up the possibility of adding additional bedrooms or bathrooms, which may make your home more appealing to more buyers! While the local average return runs about 56% of the investment, nationally it increases to 70%.  This makes a basement remodel highly worthwhile in the right market!

*Return to Mission Main Menu

Source:  http://www.remodeling.hw.net/2010/costvsvalue/division/east-north-central/city/grand-rapids–mi.aspx

**Disclaimer: Always consult your real estate professional about any improvements you wish to make to your home before selling. Also, The numbers used in these articles are national or regional averages based on surveys, and are not guaranteed. Seek professional advice before proceeding with any projects.  Facts and Information Generally Specific to the Greater Grand Rapids area.