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How much does it cost to finish a basement?
I know it depends alot of square feet and other factors, but what is a general rule of thumb? I'm looking at houses right now and basically, I will not buy a house without a finished basement. I've noticed that alot of houses are significantly cheaper that I like, but the only thing that gets me away from them is not having a finished basement. I'm kinda in a time crunch, because my FHA 4.7% interest rate only lasts for so long. Hell of a time to buy a house right now.
I don't want to put a room down there or anything. Don't really need a bathroom either. Just a wet bar, some good chiefs memorabilia, and make it a nice rec room. BTW, I am not handy at all. Unless it's something I can learn in a weekend, I ain't doin' it. Any good reputable companies around here that specialize in that kind of thing? |
I don't know the answer to your question, but I do know that you will probably pay less for a house with an unfinished basement and finishing it yourself than you will for a house with a finished basement. You're also smart to have someone else do it, especially if you're not handy. You try to do it yourelf, and you'll have the cost of doing it AND having it redone.
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$10K on up to whatever you're willing to spend.
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How much does a car cost?
How much does food cost? How much does a Christmas present cost? how big is a breasticle? |
I wouldn't let an unfinished basement be the deal breaker, dude.
That's pretty damn low on the hierarchy of what's really important. |
Are you sure you don't want a bathroom near the wet bar? Stairs can be tricky when you're drunk off your ass.
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Carpet doesn't cost very much.
Do you want a basement refrigerator? Assuming the basement doesn't have a bathroom, how far do you have to go to take a piss? How finished is finished? |
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Exactly. |
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Get in the investment mindset. Location. Lot. Stuff like this that will be important, not necessarily to you, but the next guy. The problem with sinking money into basements is that, unless it's a walkout, it doesn't count toward your overall square footage. In other words, it might make the place more desirable, but you might not necessarily make any money off the investment (or even get all the money you put in back). |
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I've got tons of it. |
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