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How much value can one add by finishing a basement?

Related:
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finishing a basement ceiling,
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Answerbag Staff

by Answerbag Staff on October 30th, 2009

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    Professionally Researched. (What's this?)

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    Kendall Olsen Oct 30th, 2009 According to Remodeling magazine's Annual Cost vs. Value Report for 2008-2009, the national average cost of remodeling a basement is about $66,000 with the average resale value for the project being about $45,000. Therefore, the average cost recovered is about 72 percent.

    Source:

    Realty Times.com: Tips for Finishing your Basement

    Remodeling Magazine.com: Remodeling Cost Vs. Value 2008-2009 Report

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