Finished Basements Boost Home Value and Attract More Buyers
The demand for basements is quickly increasing with more and more people wanting to reclaim unused space. If you have a Charlotte basement home for sale, updating and polishing that space is very likely a sound investment. Read more to find out how finished basements boost home value!
The Data Supporting Basements
Remodeling Magazine reported that the average basement remodel in 2016 cost $61,303 and included a 70.3 percent payback. This is more than adding a bathroom or garage to your house for sale in Ardrey! These numbers look good for those on the fence about whether to spend money on this area of a house.
Additional Square Footage
Depending on local regulations, you can likely take the square footage of a finished basement and add it to the total square footage of a home for sale in Waxhaw. Not only will it be more attractive to potential buyers, but an increase in square footage means an automatic increase in home value!
Be Creative With Your Basement Space
To make the most of a basement remodel, be creative with the space. Include amenities that are in demand in your area and will set the house apart from others in the same neighborhood.
For example, consider including a theater room in your basement. This is a luxury amenity that appeals to families of all ages!
Additionally, think about adding an extra bathroom to the space so that it can be used for guests. This is often attractive to empty nesters who have children or grandchildren staying for extended periods of time.
Make It Cozy
Remember to streamline your basement space with the overall decor and architecture of the rest of your Charlotte luxury house for sale. For instance, details such as crown molding can really go a long way in making a basement look like just another room in your gorgeous home!
Are you wondering if finished basements boost home value? Call Homes By Cross today. We would love to speak with you about your property and specific selling goals!