How Much Is a 1000 Sq Ft Basement Worth?
Friday, March 07, 2025-
1
mins
Is a 1000 sq ft basement renovation worth it? Learn about costs, return on investment, and how basement finishing can increase your home’s value.
How Much Value Does a Finished Basement Add?
A fully finished basement can increase home value by 10-20%, depending on features like:
- Additional Bedrooms (great for resale)
- In-Law Suite or Rental Unit
- Home Office or Gym
Basement ROI in Ottawa:
- Basic renovation: 50-70% investment recovered
- Mid-range renovation: 70-100% investment recovered
- High-end renovation (rental unit): 100-150%+ investment recovered
Want to boost your home’s value? Let Advantage Flooring & Reno handle your basement project!