The basement of any home has the potential to substantially increase a property’s value. When a homeowner invests in Basement Finishing Atlanta they can add a significant amount of usable living space to their property. Some of the most specific benefits that can add value to a property offered by this particular Home Remodeling project can be found here.
When a homeowner decides to finish their basement, they can increase the square footage of their home. In fact, they may be able to add on an extra bedroom – or two – in this newly finished space. To be considered a real “room” there is a law that states there must be two forms of egress and that the space must have a closet. It’s a good idea to work with reputable Basement Contractors Atlanta if a homeowner wants another official bedroom added to their home.
Even if the basement isn’t officially considered “livable square footage” according to the MLS requirements, finished basements do offer a much greater return. In fact, in the U.S., homeowners that refinish their basement often see an ROI of 70 to 75 percent.
Based on the size of the lot, there could be several zoning restrictions on a person’s property that keeps them from being able to make certain types of additions. In some cases, a homeowner won’t have the option to expand because it will bring their structure too close to their neighbor’s property line. Also, expanding upwards may not be an option either – especially if the home is already two stories. As a result, the basement space is extremely valuable. It lets the homeowner add more functional space to their home without breaking any zoning restriction in place.
If a person is trying to flip an investment property as quickly as possible, then a finished basement can add to the appeal of it. Make sure to meet all codes, but there is no question that this offers a great way to make the space more appealing.
When it comes to the basement of a property, there is no question that finishing this space offers a wide array of benefits. More information about this can be found by reaching out to the professionals at a Basement Finishing Company Atlanta. Being informed is the best way to ensure that the desired results are achieved with any basement finishing project.