The only difference is your has a fully finished basement space, perfect to be used for additional living space, featuring an additional half bathroom and room for home fitness equipment. A neighbor's home with the same specs is for sale just down the road.
Imagine this: your home is a 4 bedroom, 2 bathroom single family home with one living space. While it does not increase the listed square footage on your home's listing, it will make your home stand out from a comparable property without a finished basement. A traditional, fully underground basement can do the same. Depending on how the finished basement is designed, or even just how it is staged, it may end up a selling point for your potential buyers.Ĭalgary walkouts are particularly attractive and can result in higher resale value because of the many benefits they offer. While a finished basement cannot be counted in the overall square footage of the home, it is still usable space that can attract more buyers. The short answer to this question is maybe. Does a finished basement increase resale value in Calgary? Wondering if finishing your basement is worth the investment? Here's what you might want to consider. To learn more about selling your home in Calgary, reach out to us any time we are here to help! Increasing the livable square footage of your home will grow its appeal to a broader range of potential buyers, as well as increase its resale value. One way to do this is to reinvest some of your equity into finishing your basement. With home prices that have steadily increased in recent years, many Calgary homeowners find themselves with substantial home equity that can be leveraged in multiple ways for a successful home sale.
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