Will Finishing My Basement Add Value to My Home?

Many Colorado homes have unfinished and unused basements that are just waiting to become beautiful, livable space. Basements are blank canvases with endless potential for fun and functional living space! You can affordably turn your lifeless basement space into a lively entertainment area, a cozy getaway, or a comfortable guest space. As a homeowner, you may find yourself on the fence about finishing your basement, asking: “Will finishing my basement really add value to my home?” The answer is yes! 

Finishing the lower level of your home is a wise financial investment that can increase the value and function of your home significantly. Our team at Basement Finishing Colorado wants you to fully understand the wise investment you’ll be making by creating a warm, inviting and functional living area to your lower level.

ADD USABLE SQUARE FOOTAGE TO YOUR HOME

One major reason why finishing your basement is a wise financial investment is because a finished basement adds livable square footage to your home. While below ground spaces often don’t count toward the square footage or GLA (Gross Living Area) listed on your home, the finished basement can be noted separately as additional livable space in the listing. This kind of space is something many home-buyers are looking for. The more functional square footage you have in your home, the more appealing your home will be to potential buyers in the future. Why not make every single inch of your property beautiful and livable? It will increase your family’s quality of life now, and will make the home more appealing to future buyers if you sell.

AN AFFORDABLE WAY TO MAKE YOUR SPACE MORE ENJOYABLE

While the return on basement finishing projects averages around 79%, finishing the basement increases the likelihood that your home will sell and sell fast, as buyers are looking for functional living space. Additionally, finishing your basement is an affordable way to add living space to your home, as opposed to building an addition onto the main level of your house. It will cost you 50-60% less per square foot to finish your basement than to build on main level square footage. 

A basement will often already have all of the power, HVAC, and plumbing hook-ups nearby and easily accessed, meaning you get to spend more time on the fun parts of a building project. How do you want the space to look? What kind of features are important to you? Would you like to add a wine room , a bar, or a movie theater to the space?

CONTACT BASEMENT FINISHING COLORADO TODAY!

So, If you’ve been asking yourself the question, “will finishing my basement add value to my home?”— there’s never been a better time to take your basement to the next level! Your basement holds endless potential for adding beautiful, livable space to your home. Basement Finishing Colorado would love to help you navigate your options! Give us a call at (303) 697-1702 or contact us online for a free consultation today!