Are Finished Basements Worth Your Time and Money?

A finished basement can add a lot more living space, and provide a great “Man Cave”, media room, or spot for the kids to hang out. But do they add value? Like many things in real estate, it depends who you ask!

First, it’s important to note that a finished basement may or may not add “true” square footage to your home. This varies by county, and often depends largely upon whether or not it’s a walk-out.

finished basement

Clean, spacious finished basement at 4104 Arthur Trail in Skippack PA!

Regardless of whether or not you can boast additional square footage when you sell, many buyers love the idea of a finished basement and homes with this extra space do sell for more than those without. However (like most improvements), it’s unlikely to recoup all of what you paid.

Thinking of finishing your basement? We’d be happy to provide you with a complimentary Comparative Market Analysis of what your home will be worth with the upgrade! Plus, we’re always happy to pass along the names of reliable local contractors. Just give us a call at (215) 699-5555!