You’ve probably heard basement remodeling is a great investment, but are the numbers there to back that statement up? Research says yes, they are. Since the up-front cost of basement remodeling can be a little off-putting, it’s stands to reason homeowners would want to make sure it was a good investment beforehand. As it turns out, remodeled basements prove to be worth every dollar spent, making it something to consider for Frederick, MD homes.
Let’s take a look at what we found.
Return of cost
A report from the National Association of Realtors®, the “2015 Remodeling Impact Report”, found that the average basement remodeling job provides a return of cost at 69%. This could be more or less depending on the remodeling and the home, but this is a great percent of return given other home improvement numbers.
Even better numbers come from reports based on our region. The “2015 Cost vs Value Report” shows basement remodeling return of cost was nearly 73% for this region. So yes, chances are, that basement remodel is worth it.
Homeowner satisfaction
Basement remodeling may add value to a home, but what about homeowner satisfaction? In the same “2015 Remodeling Impact Report”, the survey determines most homeowners are satisfied with their decision to remodel. The study finds: “After remodeling, 74 percent of owners have a greater desire to be in their home. Sixty-four percent have increased enjoyment in their home. Fifty-four percent feel happy and 40 percent feel satisfied when they see their completed project with a typical Joy Score of 9.4. Seventy-five percent feel a major sense of accomplishment when they think of their completed project.”
These combined results find basement remodeling: increases home value, provides a good return of cost, and increases homeowner satisfaction. So, if you’ve been considering a basement remodel, numbers show it’s a good investment. Allow these results to provide peace of mind on your investment, and start planning your basement remodeling today.
Schedule basement remodeling in Frederick, MD
When doing your research on Albaugh & Sons, you’ll find they match up to fence company criteria, and even go beyond it! With impeccable testimonials, a stunning portfolio, and the guarantee that your job will be completed at the BEST quality, you don’t need to look elsewhere.
Albaugh & Sons specializes in remodeling, including basement remodeling and bathroom remodeling, and has the right tools and professionals for your fencing job.
CONTACT US online, or give us a call at 301-964-9379 today to start your project!
Serving Maryland in the following areas: Frederick, Thurmont, Walkersville, New Market, Middletown, Myersville, Brunswick, Emmitsburg, Adamstown and Buckeystown.