Curb Appeal in 19426>Question Details

murthyjakki, Home Buyer in Collegeville, PA

Is it possible to convert Townhome basements as single bedroom home for rental purpose?

Asked by murthyjakki, Collegeville, PA Mon Jan 7, 2013

Help the community by answering this question:

Answers

4
Joshua Stein’s answer
It really depends. Are you hoping to rent out the basement separately, or are you trying to squeeze in another bedroom?

To be a separate rental unit, it needs to have a dedicated entrance from the outside, and there needs to be an egress opening in any and all bedrooms no matter which way you're planning on doing things.

You best resource is the Borough of Collegeville or whichever municipality the property is in.

Warmest regards,

Joshua Stein, REALTOR®
Coldwell Banker Preferred – Conshohocken

Office:(610) 828-9558 * Cell:(215) 866-8030
Direct:(484) 270-1165 * Fax: (215) 999-5894
Email: jstein@cbpref.com
Web: http://www.joshuasteinhomes.com

PA License #RS317975
0 votes Thank Flag Link Tue Jan 8, 2013
Be very careful about this; make sure your municipality does not have restrictions against converting basements into living spaces. There also needs to be direct outside access and egree otherwise an appraiser will not consider the basement space as a bedroom. I would also check with your insurance broker to make sure you have coverage...
0 votes Thank Flag Link Tue Sep 24, 2013
It depends on a few things:

1. Is the basement a "walk out" basement? Does it have a 2nd exit/entrance. In Pa. this is necessary to finish a basement.
2. Many townships have rules concerning basement bedrooms and number of bedrooms for rentals. It would be best to check with your township.

Good luck!!
Barbara
0 votes Thank Flag Link Tue Jan 8, 2013
You should really ask a contractor that question. Get on Angie's List or call the Better Business Bureau to get suggestions of some good contractors that you could contact.
0 votes Thank Flag Link Mon Jan 7, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer