How much does a finished basement add to home value? This is a common question that homeowners in Omaha ask us at Hawthorne Finished Basements. The answer depends on a variety of factors, including the quality of the finished space, the materials used, and the current real estate market.
However, on average, a finished basement can add significant value to your home.
According to Remodeling Magazine’s 2021 Cost vs. Value report, a basement remodel has an estimated ROI of 63.8%, which means that homeowners can expect to recoup nearly two-thirds of their investment upon resale.
So, if you spend $80,000 on a finished basement, you can expect to add around $50,000 to the value of your home.
As a premier provider of finished basement services in Omaha, Hawthorne Finished Basements understands the significant value that a finished basement can add to a home. Not only can it increase the functional living space of your home, but it can also boost the overall value of your property.
A finished basement is seen as an attractive feature to potential homebuyers, especially if it is done professionally and with high-quality materials. This can be a major selling point when it comes time to put your home on the market.
One of the main benefits of finishing your basement is the added living space it provides.
A finished basement can be transformed into a wide range of functional areas, such as an additional bedroom, home office, entertainment room, or even a workout space. This allows homeowners to tailor their living space to their specific needs and preferences.
Another benefit of finishing your basement is the potential energy savings it can provide. A properly insulated and finished basement can help regulate the temperature in your home, reducing the amount of energy needed to heat and cool your living space. This can translate to lower energy bills and a more comfortable living environment.
One of the lesser-known benefits of finishing your basement is the potential for increased home security.
A finished basement can provide an additional layer of protection against intruders, as it often includes reinforced walls and windows, and may have its own separate entrance. This can give homeowners greater peace of mind, especially if they have valuable belongings stored in the basement.
When it comes to actually finishing your basement, it’s important to work with a professional and experienced contractor. A finished basement is a major investment, and you want to ensure that the work is done correctly and with high-quality materials.
At Hawthorne Finished Basements, we have years of experience in the industry and use only the best materials and techniques to ensure a finished product that will last for years to come.
In addition to our high-quality workmanship, we also offer a wide range of customization options for homeowners. From selecting the right flooring to adding unique features like a wet bar or fireplace, we work with each homeowner to create a finished basement that is tailored to their individual needs and preferences.
It’s important to note that the exact amount that a finished basement adds to home value can vary based on several factors, including the location and size of your home, the quality of the renovation, and the current real estate market. However, in general, a finished basement can be a smart investment for homeowners looking to increase the value of their property.
At Hawthorne Finished Basements, we specialize in creating high-quality finished basements that add both functional living space and value to your home.
We use only the best materials and techniques to ensure a finished product that will last for years to come. Our expert team can work with you to create a finished basement that meets your specific needs and preferences, while also adding significant value to your home.
So, how much does a finished basement add to home value? While there is no definitive answer, it’s clear that a finished basement can be a smart investment for homeowners looking to increase the value of their property.
By working with a professional and experienced contractor like Hawthorne Finished Basements, you can ensure that your finished basement is of the highest quality and will provide a solid return on investment.
