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Rock Star Real Estate Minute: The Value of Finishing Your Basement
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I think you are right. The value will not go up much but the house might sell sooner because of that and that’s a great reason to do it. What do you think brings the value of the house up the most? Thanks!
Tough one – without knowing the house, the state of that specific market, any community specific variables etc. it’s difficult to know.
In general … a new paint job for the house gives the most bang for the buck in our experience.
Tom.
Thanks for the answer. Yes I think throwing out the furniture and painting the room really helps and it doesn’t cost much. I use a small trick when selling a home…I usually place a large TV (55″ which costs as low as $800 this days) in the middle of the living room… when couples walk in I say I’ll leave the TV if they buy it… it’s great negotiation tool… you wouldn’t believe how great this works (not sure why though, but it does). Thanks!