Basement Remodeling Basement Renovations Improve Your Home, Improve Yo | Page 3

IS REFINISHING YOUR BASEMENT
WORTH THE COST?
• Will a Basement Remodel Retain its Value at Resale?
•
Every year Remodeling Magazine puts together a Cost vs. Value report for remodeling projects. One
of the projects included in that 2016 report was a basement remodel and in that report it showed
that the project retains approximately 70.4% of its value during resale. That’s an excellent figure for a
remodel project and it shows that you can invest a serious amount of cash into your home basement
without losing it all if you decide to sell your home later on.
• A Cost Effective Option
•
A basement remodel is one of the most cost effective enhancements that you can make to your
home. It retains more of its value than adding a two-story addition, a bathroom remodel, a kitchen
remodel or adding on a variety of rooms. If you’re looking for a way to get the most out of your
home, with a reasonable investment, there are few options that are as good as finishing up a basement
as long as you have the space for it. If you’re thinking of putting an addition on your home, or doing
another remodeling project that you could do in the basement instead, you would be better off
making the modifications to your basement if you can.