Below Grade and Above Board
We always want home owners to know that by improving their home they are also adding value and wealth to their portfolio. Anytime you add finished square-feet, you add value. Additionally, whenever you add bathrooms or bedrooms, you also add value.
Basements are often the most cost effective way to add square footage. If you have an unfinished or partially finished basement, consider finishing it. Then, call your bank and get the home equity LOC so that you have a nice little emergency fund! Or, if interest rates are good, refinance and cash out to put a little money in your pocket.
We have done countless basements. This basement in Hopkins, in a 1960’s rambler, was already partially finished. We added about 500sqft and; therefore, about $150,000 in value to the home. The cost? About half that. Did you know you can make a profit while also improving and expanding your home?
Specs. Added 500sqft. Moved and improved laundry. Used premium LVP. Added a wetbar. Finished space with high end finishes.
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