Add Value To Your Home With A Basement Remodel In Maryland

If you're considering finishing your basement in Maryland, it can offer a big boost in home value. The National Association of Realtors estimates that finishing a basement returns 69 percent of your investment.

Come time to sell your home, you'll be happy you took the leap to refinish your basement. And in the meantime, you can enjoy added square footage in your home, which is great timing if you're planning on hosting your in-laws for the holidays this year. Enlist the help of a professional contractor to hang drywall, add flooring, and encase exposed duct work or pipes. These basic steps can be completed in just a few days for a livable, usable space.

Depending on the size of your home and the extent of your renovations, a basement refinishing can cost anywhere between $6,500 and $18,500. Different from refinishing, remodeling is more intensive. It can include things like moving walls and adding plumbing and electrical lines.

Typically, done on an already-finished basement, remodels can cost anywhere between $10,000 and $30,000. You might add a bathroom or divide your open basement into several living areas. Create an in-law apartment, install a theater room, designate your home office, or design a kid's craft area.

The options are endless, not to mention extremely attractive to buyers. Adding a bedroom and bathroom in your basement can tack thousands of dollars onto your home's value. Plus, basement remodels are much cheaper than a home addition.

When deciding on a schedule, be sure to pad a little time for your remodeling crew to work with sub-contractors and allow for materials to be ordered and delivered. All in, most projects can be done in as little as 45 days. Consult with a professional on HomeAdvisor now to have your basement apartment up and ready by the time extended family arrives for turkey dinner.

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