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IS FINISHING MY BASEMENT A GOOD
INVESTMENT?
The National Average return on a finished basement is around 75.1% of what you
spend according to
Remodeling Magazine and
Realtor Magazine Online. The Denver Average return on
a finished basement is around 73.8% of what you spend according to those
same sources. The Denver market is slightly lower than that of the
rest of the Mountain region due to the current housing market.
These figures of course includes all the do
it your self basements as well as the high quality professional finished
basements. It would stand to logic that the higher and better quality
finish the better your return on investment. Most home owners finish a
basement to fill a need of new space for children, an office or just
more space to entertain and host family and friends. Adding 1,000 square
feet of a professionally finished basement at around $50.00 a square foot,
is a lot less money than purchasing a new home where that same
additional square footage will cost around $170.00. In this case it seems to
make financial sense.
In addition to basements, we can also help with your
Bathrooms, Kitchens, Decks, Covers & More!
We offer property maintenance &
handyman services at competitive rates.
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