How Much Value Does A Finished Basement With Bathroom Add?

Answer:

The overall cost for adding a bathroom in a basement will range somewhere between $3,000 and $25,000. The variance in this cost comes from whether you build in an existing space, or whether the bathroom is an extension to your existing basement.


How much value is in a finished basement?


How much value does a finished basement add? (HAMILTON 2020)


Ask Your Appraiser: How much value does my finished basement add?


Frequently Asked Questions

How much value does a finished basement add?

The appraised value of finished basement space is generally 50% to 60% of the value of the main level square footage. To maximize the cost/value ratio, the market experts recommend keeping the basement budget below 10% of the existing home's value. Staying between 5-10% is a good plan.

Does a finished basement increase the value of a house?

In the United States, on average, finishing a basement will give you a return of 70 to 75% of your investment. For example, if you spent $1,000 on improvements, it would increase the value of the property by about $700. If you spent $10,000 on improvements, it would increase the value of the property by about $7,000.

Is finishing basement a good investment?

Finishing a basement can be a good investment. According to cost versus value surveys conducted annually by Remodeling magazine, the average return on investment for a basement project nationally is currently around 75 cents on the dollar.

What's the average return on a basement remodel?

Homeowners in the West South Central region of the United States, including Oklahoma, Arkansas, Texas and Louisiana, see the second-highest return at 80.8 percent, with an average remodel cost of $64,827 and an average resale return of $52,368.

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