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XXXXXXXXXXX1
Premium Member
join:2006-01-11
Beverly Hills, CA

1 edit

XXXXXXXXXXX1 to SandShark5

Premium Member

to SandShark5

Re: Appraisals and Finished Basements

said by SandShark5:

Does the basement have a walk-out exposed to grade?

quote:
A: Usually below grade space will not be counted in the square footage as long as the walk-out is below grade or non-existant. Finished basements with walk-outs will definitely add value versus a basement without a walk-out however.

Only basements with a walk-out exposed to grade level on one side can be included in a home’s square footage. Consider this when calculating your comp values but remember the home’s value will certainly be increased by the additional living space regardless of the walk-out.

Read more: Should A Nicely Finished Basement Count In The Price/Square Footage Of A Home? | REALTOR.com® Blogs

»www.realtor.com/blogs/20 ··· -a-home/

I'll go better than that... I'm built into the side of a hill and two of the four basement walls are out of the ground and have oversize windows. The in-law bedroom has a full size window, there is a giant picture window in the in-law living room, a 3' door with convertible glass storm, and a window over the kitchen sink.

I argued my case using your logic... and lost. Square footage was not counted.

robbin
Mod
join:2000-09-21
Leander, TX

robbin

Mod

What is the ceiling height in your finished basement?
XXXXXXXXXXX1
Premium Member
join:2006-01-11
Beverly Hills, CA

XXXXXXXXXXX1

Premium Member

said by robbin:

What is the ceiling height in your finished basement?

I think it's 8' but not exactly sure. I have a few HVAC ducts that service that zone and the first floor that are framed over and sheetrocked, but other than that, it's full size basement height.

SandShark5
Long may you run
Premium Member
join:2000-05-23
Santa Fe, TX

SandShark5 to XXXXXXXXXXX1

Premium Member

to XXXXXXXXXXX1
Man, that sucks.
XXXXXXXXXXX1
Premium Member
join:2006-01-11
Beverly Hills, CA

XXXXXXXXXXX1

Premium Member

said by SandShark5:

Man, that sucks.

Yep.