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The Return on Investment of Basement Finishing in Frederick, MD

Return on Investment Basement Finishing FrederickAn unfinished basement is basically a big, cold glorified closet. It serves no real purpose other than storage. But, perhaps worst of all, an unfinished basement adds very little to your overall home value. After all, the average homeowner only needs so much storage space. So maybe it’s time to invest in your home and invest in Basement Finishing. Not only will this help make your home much more functional and appealing to potential buyers, but this type of remodel also has a pretty high return on investment.

What is the Return on Investment of Basement Finishing in Frederick, MD

Bathroom remodeling comes in at 59.6% in Frederick, Maryland, while kitchen remodeling comes in at 72.2%, according to Remodeling Magazine’s annual Cost vs. Value Report. Basement finishing, meanwhile, comes in at 63.2% (though higher returns are not unheard of), making it well worth the initial investment. To put this into layman’s terms, you can expect to recoup $0.63 for every dollar you spend when you sell your home. Anytime a homeowner can expect to recoup more than half of their initial cost (an ROI of %0% or greater), the project can be considered a solid investment.

Plus, a finished basement makes it much easier to attract buyers and sell a home. Just think of all the possibilities a finished basement holds: extra bed rooms, additional bathrooms, and so much more. While you may not be planning on selling your home any time soon, it is always important to think about the future. Adding another bedroom and bathroom is a great way to increase the marketability of your home when it comes time to sell.

Basement Finishing Contractor in Frederick

Albaugh & Sons is a Home Improvement contractor located in Frederick, Maryland, specializing in bathroom, kitchen, and, of course, basement finishing. Contact us today for a FREE estimate. We can handle everything from obtaining the permits to scheduling your final inspection.

If you are looking for a Basement Finishing Contractor in Frederick, you’ve come to the right place! Please contact Albaugh & Sons at 301-964-9379 or fill out the contact form found on our website. We are based in Frederick, Maryland and service all of Frederick County and parts of Washington and Carroll counties.

You can also follow Albaugh & Sons on FacebookTwitterGoogle+,YouTube, and Pinterest.

This entry was posted on Friday, February 20th, 2015 at 8:38 pm. Both comments and pings are currently closed.