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How much value can one add by finishing a basement?

April 26, 2017basement buying Estate Selling value

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How much value can one add by finishing a basement?

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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.