From The Detroit News | By Ken Calverley and Chuck Breidenstein
DETROIT, November 9, 2023 ~ Do you have family coming over for the holidays?
Perhaps you’ve had a space crunch in years gone by when a lot of people are in your home for the day or even a weekend.
Adding on to your home can be a great value proposition, especially if you follow some basic design rules like DUO, which means down, up, and out.
From a cost perspective, it is generally less expensive to finish space in the lower level, a little more costly to expand upward using the same footprint, and yet even more money to extend the footprint of the home outward.
November 12, 2023 ~ Chuck “The Inside Guy” Breidenstein and Ken “The Outside Guy” Calverly offer the knowledge and resources you need to make the home of your dreams a reality. Catch them every Saturday and Sunday from 10 a.m. to noon on 760 WJR.
When you consider that, according to the National Association of Home Builders, only 20%-30% of new homes even have basements, it is a distinct advantage to have that space available to you.
When you finish a basement, you are taking advantage of pre-existing foundation and roof as well as mechanical systems. Such a project might yield up to a 70% return on investment when the house is sold, and appraisers tell us the home value may be improved 10% to 20% as well.
The story is told of a successful doctor in Arizona who had just completed his dream home except for the space enclosed by a walkout basement.
Repeated calls to contractors to submit proposals for finishing the space elicited a response along the lines of “We don’t do basements”.
For housing advice and more, listen to “The Inside Outside Guys” every Saturday and Sunday on 760 WJR from 10 a.m. to noon, or contact them at InsideOutsideGuys.com.