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Should I finish my basement?

By Bob Millaway, South Jersey Community Expert & REALTOR®

Finishing your basement adds usable living space at a lower cost per square foot than an above-ground addition. It is a good investment if you need extra living space, the basement is dry and has adequate ceiling height, and local homes with finished basements sell for more. Expect to spend $30 to $75 per square foot depending on finish quality.

Why It Matters

A finished basement can add significant value to your home while giving your family more space for entertaining, working, or relaxing.

Related Questions

What renovations add the most value? Should I hire a general contractor or manage the project myself? How do I find a trusted contractor for my renovation? How do I budget for a home renovation? Do I need permits for a remodel in New Jersey?

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