In an ideal situation, the benefit added by basement finishing Palatine would be equal to the cost of the work. In reality, however, there are many factors that determine what a homeowner will get back in value.
In a recent survey conducted by Remodeling Magazine, homeowners who remodeled their basements recouped 72% of their costs when they sold their homes. This is better than the average for all remodeling projects. However, there is no guarantee that any particular homeowner will recoup 100% or more of their basement remodeling costs.
Quality of Workmanship
One of the most important factors in determining the value added by basement remodeling is the quality of workmanship. If you have your basement remodeled but use shoddy construction materials or cut corners on design and/or installation, you’ll end up with a lower level that you can’t be proud of and that won’t add much value to your home at all.
On the other hand, if you use high-quality materials and well-known basement remodeling Palatine contractors, your basement will be something you can show off to any visitor and that will add to your home’s market value.