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by Answerbag Staff on November 22nd, 2009

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How much does a finished basement add to house value?

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  • by Laura Agadoni on November 22nd, 2009

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    Professionally Researched. (What's this?)

    Finishing a basement added a national average of about $45,000 to the resale value of the home in 2007. Building an addition or buying a larger home cost about $150 to $200 a square foot, while finishing a basement cost $40 to $75 per square foot.

    Source:

    Denver Business Journal: Want added home value? Look in the basement

    PDF: Remodeling Cost vs. Value

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