Real Estate Blog - Fred Krawczyk & Associates.
Getting a finished basement can be nice because it gives you all of that extra space, but a home with an unfinished one will come with a much smaller price tag.
This basement is an open canvas for you as a homeowner. It gives you room for a rental space if you want it, or you can simply expand your home. Imagine the difference in value if you take a home with only three bedrooms and one and a half bathrooms and turn it into a renovated house that offers five bedrooms and two and a half bathrooms. You could sell it for far more than you paid with all of that extra floorspace, and you would also make the home attractive to new buyers who would not have been interested before.