Definitive portland basement remodel guide _ real estate agent pdx
Are you considering finishing a basement to improve your home value, add living space or create an accessory dwelling unit (ADU) for housing-hungry Portland? Check out our definitive Portland basement remodel guide.
As a Portland real estate agent, I think it’s a great idea with potential for a positive return on your investment — as long as you can keep the project in a specific budget window, get it properly permitted, and keep resale value in mind. How to form concrete walls In fact, taking a good hard look at your basement is always a good idea before listing a home in Portland. How to form curved concrete walls Don’t worry, this post will help! Belowground Possibilities
Here are a few common uses for the space below the main living area of the house:
• Bar (No, not a speakeasy, just a place to hang out with your friends)
For any of these projects, an unfinished basement will need to be assessed for suitability.
Prefab concrete walls prices Sometimes the placement of heating units, pipes, supporting beams, etc. Poured concrete retaining walls would make a living space impractical. Best paint for concrete block basement walls Ceiling height may be an issue, but some basements may be dug deeper.
What about seismic retrofitting? “Seismic” meaning, in the event of a seismic event, i.e. Precast concrete wall panels residential earthquake; and “retrofit” meaning going back in and making something that’s unsafe, safe. Insulated concrete wall panels This is where a basement remodel can be a two-for-one for your Portland home value. Concrete wall house plans More and more homebuyers are concerned about earthquake safety. Interior cinder block wall ideas In many homes, seismic retrofitting can be as simple as bolting or strapping the home to its foundation, which would happen either on the inside or the outside of the basement. Concrete on walls If you plan on finishing the walls inside your basement, this should definitely happen first. Precast concrete walls pdf Before you begin, consult with a licensed contractor. Precast concrete panels cost How much should you spend?
There are plenty of financial advantages to finishing a basement. Precast concrete walls perth If you’re considering putting your home on the market soon, even just having one finished room down there that can be used as storage will be a nice little bonus to your home value. Poured concrete wall cost calculator On that note, just clearing out junk from the basement before you show your home will allow potential buyers to see the possibilities there.
Before you design your luxury man cave with mahogany bar, set a budget. Precast retaining wall systems The experts at HGTV suggest no more than 10% of your total home value. Precast concrete fence panels supplier philippines (Before you pop over to Zillow, contact your real estate agent. Waterproofing poured concrete basement walls We can give you a more accurate estimate and help you figure out what the market is doing in your neighborhood.)
Why just 10%? Because of the lack of natural light, most basements appraise for less per square foot than aboveground space. Poured concrete retaining wall specifications On the other hand, your dollar will go further in your basement than in, say, adding an ADU that you have to build from scratch. Framing basement walls against concrete Your basement is already there – with easy access to plumbing and electrical, and little possibility of being annoying to your neighbors.
According to Remodeling magazine, the average basement remodel costs homeowners $61,303. Diy concrete retaining wall blocks Their latest annual “Cost vs. Concrete foundation wall thickness Value” Report showed a 70% payback, putting it near the top of the list for smartest remodels, along with an attic bedroom, minor kitchen redo, deck, and new entry door. How to make concrete walls smooth Permitting Basement Remodels in Portland
Converting an unfinished basement to a living space does require a building permit, and certain codes apply. Poured concrete retaining wall cost First of all, the ceiling must be at least 6’8”, and stairs leading down to the basement might need to be rebuilt to meet living area standards. Stamped concrete retaining wall forms Basement walls must be insulated and ventilated. Precast concrete retaining wall panels Always check with the city to verify the most recent building code rules before you begin.
Fees are based on the value of the project. Exposed concrete walls While it may be tempting to skip the permit, especially because basements are so well tucked away, you’ll regret it when and if you put the home on the market. Painting concrete basement walls ideas The home buyer may not want to purchase unpermitted work, and getting the permits after the fact could mean you’ll end up paying more (or it might not, but it is certainly a risk). Exposed concrete wall finishes Deciding on a Basement Project for Resale Value
If you’re looking to get the greatest bang-for-your-buck out of your basement because you’re going to be listing your home on the Portland real estate market soon, my advice as a real estate agent is to leave the options open, finish the space and make it as flexible as possible, or go all the way and make it an ADU, a complete separate permitted apartment that is legal to rent out. Concrete basement wall design example Don’t get too specific or you’ll reduce the home’s potential buyer reach. Painting cinder block walls in basement Finishing the basement adds a lot of value, finishing it as a legal ADU adds even more. Concrete retaining wall cost estimate Finishing the basement to center around your pool table, won’t bring as much.
One of the first things to assess is the possibility that the basement might have water problems. Precast concrete basement walls Having the basement flood after you spend tens of thousands in remodeling, is a nightmare that has happened to many Portlanders. Precast concrete wall caps cost We know lots of good basement contractors that can even provide a guarantee, a warranty that the basement will not flood. Basement concrete wall crack repair Another item to check off the list at the start, is conducting a proper radon test. Sealing poured concrete basement walls Again, we know the professionals that will be able to take an accurate reading for you. Types of concrete walls It likely will cost less to install a radon mitigation system before you do the remodel, than afterward. Grinding concrete walls smooth Not sure why radon is a big deal (it is), please read our radon article here.
In any basement remodel, plentiful lighting is key. Framing concrete walls There probably aren’t many windows, and even if the space does become a storage closet, it will show so much better if it’s well lit. Building concrete forms for retaining walls If there is the option to install a bigger windows for a reasonable cost – do it. Insulating interior concrete walls Also seriously consider installing an egress window, an escape window that lets in a lot of light and also is necessary to consider any bedroom in the basement as being built to code. Precast retaining walls perth Recessed lighting does great in small spaces. Concrete finish walls For floors, carpet is great because it creates a cozy feeling in what can otherwise be a rather uninviting space. Decorative concrete blocks for garden walls Also, it translates well to most uses, from playroom to spare bedroom. Decorative concrete garden wall blocks Another popular flooring type to consider, especially if you have relatively low ceilings, is epoxy. Colored concrete walls The right coating on your basement concrete can make it look modern and feel comfortable.
Skip the mahogany bar and fun paint job. Solid concrete walls nj Instead, do a quality job getting the space ready for whatever the home buyers can imagine. Poured concrete retaining wall design An empty room with white walls is a whole lot more enticing than a room that does something your home buyers would never need. Precast concrete panels prices Some people want to have friends over, some want to escape the world. Types of concrete block retaining walls Some would love a home gym, others would rather use the space for storage. Polished concrete basement floor cost Some want an extra apartment to rent out. Framing over concrete walls Finishing the space will help with the home value (as long as you do it right) and will significantly help the home appraise for the price you want.
Ready to talk home values? Contact your Portland real estate agent team today!
Stephen FitzMaurice, Realtor is a top 5% real estate agent in the U.S. Poured concrete walls cracks and top 1% agent in Portland. Finishing exterior concrete block walls Principle Broker in Oregon, he has been licensed since 2003 for residential real estate sales in the Portland Oregon metro area. Basement concrete wall insulation wrap Call him direct: 503-714-1111. See his listing package here. Precast concrete retaining wall block forms See his buyer’s team here.
You’re looking to buy a house and reading reviews because this is a major decision. Diy precast concrete walls We entered the market to purchase a home very inexperienced and skeptical. Prefab concrete walls cost We now own a house thanks to Stephen and his network. Pouring concrete walls Stephen will be our first choice whenever we decide to buy or sell a property in the future.