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Is it worth digging out a partial basement?

We have more of a crawl space than a basement and it would be very expensive to dig it out but I feel like everyone wants basements these days. Will I get the money back on resale?
Asked By Amy L | Wabash, IN | 319 views | Remodeling | 1 year ago
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Semi-Pro
47 Answers
Lynne Pruell

Realty 100 LLC

(16)

It is important to research the local real estate market to determine if homes with basements are in high demand and if they command a premium price. If most homes in your neighborhood have basments, it might be a wise investment. Adding a basement will increase the sq. footage of your home, however, you have to consider how the additional space will be used? The cost of digging out a crawl space and turning it into a basement can vary depending on the scope of the work. Get quotes from reputable contractors to determine if it is worth the investment
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Rising Star
23 Answers
Adrian Tridel

Adrian Edwards

(33)

Digging out a partial basement can be a worthwhile investment for homeowners who are looking to add extra space to their homes. A partial basement is a space that is partially underground, typically beneath one section of the house, and can be used for a variety of purposes, such as a home office, a guest room, a playroom, or even a home theater. One of the main benefits of a partial basement is that it can increase the overall living space of a home without adding to its footprint. This can be particularly beneficial for homes in densely populated urban areas where space is limited. In addition, a partial basement can also add value to a home, making it more attractive to potential buyers in the future. Another benefit of a partial basement is that it can provide additional insulation and help regulate the temperature of a home, which can lead to energy savings and a reduction in heating and cooling costs. However, digging out a partial basement is not without its challenges. It requires significant excavation work, which can be time-consuming and expensive, and may require permits and inspections from local authorities. In addition, homeowners should also consider the potential risks associated with excavating near the foundation of their home, such as the risk of damage to the structure or the potential for water intrusion. Overall, while there are potential challenges to digging out a partial basement, it can be a worthwhile investment for homeowners looking to add extra space and value to their homes. It is important to carefully consider the costs and potential risks involved, and work with experienced professionals to ensure the project is completed safely and effectively.

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