Finishing your basement will certainly add some kind of value to your home. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and if you want to know just how much of that money you get back, it depends on a number of variables, such as; your real estate market (it depends on where you live) and your material selection (what types of furnishings and finishes, whether its top of the line or middle-of-the-road finishes). A finished basement with a few open spaces will likely have a higher ROI than that of several closed-off rooms. With natural light at a premium, or nonexistent, creating an open, flexible basement space is essential. Check out below to see what sold in Abbey Knoll in July 2020:
990 Whitegate Drive, Northville: 3 bedrooms, 2.1 bathrooms, 2,386 sq. feet, 2 car garage, Sold Price: $475,000
Abbey Knoll Home Sold
July 2020
To better determine how much value a finished basement might add in a future sale, work with a real estate agent who is knowledgeable in your market and comfortable with assessment practices in your area. For more information on Abbey Knoll, or similar Northville or Novi neighborhoods such as Northville Estates, North Hills and Briarwood, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.