Finding Homes With Good Basements In Minneapolis
Basements are so critical to the value of the home. Most of them in Minneapolis have low ceiling height, let water in, and I would say it is rare to have one that can be fully finished.
This home has a great basement. It has 8 foot ceilings, block foundation, it is square, adding a bathroom, bedroom, and living room would be very easy. This basement is about 900 square feet, which is about 200 square feet bigger then the average basement in Minneapolis. So I see a lot of value added potential to this one. If you find a basement like this, and the price is right, I would highly recommend that you consider making an offer on it. Anytime something is scarce there is a good chance that it will be worth more. So keep your eye out for basements that have good ceiling height, are square, and have ample space to add value.