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<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><title>Trulia Voices: is a house withOUT a basement a bad investment ?</title><link>http://www.trulia.com/voices/Home_Buying/is_a_house_withOUT_a_basement_a_bad_investment_-78365</link><description>I really like one house but scared to commit because of possibility of re-sale. I heard from a lot of people that they wouldn't even look at a house without a basement. Chances of re-sale lost?</description><language>en-us</language><item><title>Answer by Anna Brocco</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-Williston_Park_NY-321357/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-Williston_Park_NY-321357/</guid><description>If you like the house, the location,  and will be happy there go for it; there are plenty of people who don't care about basements. Stop listening to others opinion and go with your gut. &#13;
&#13;
Anna&#13;
917-576-5376&#13;
abrocco@laffey.com</description><pubDate>Thu, 04 Jun 2009 16:26:12 -0700</pubDate></item><item><title>Answer by Lois Hanson</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-Williston_Park_NY-270802/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-Williston_Park_NY-270802/</guid><description>There are many fine homes without basements.  The good news is that you will accumulate less "stuff" if you do not have a basement.  Many consumers now like the idea of having the laundry on the second floor because it is easier that taking your laundry down stairs to wash and</description><pubDate>Wed, 03 Jun 2009 14:15:25 -0700</pubDate></item><item><title>Answer by Voices Member</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro--649308/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro--649308/</guid><description>These days, a basement is only a factor if the person looking to purchase a home absolutely needs one. There is generally no problem re-selling a home that has no basement, there are those who do prefer no basement.</description><pubDate>Wed, 06 May 2009 10:04:03 -0700</pubDate></item><item><title>Answer by Bill Eckler-Florida, GRI</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-Venice_FL-133970/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-Venice_FL-133970/</guid><description>Dmanu,&#13;
&#13;
If you are having reservations about this opportunity based on your source of information, it would be fair to assume that future buyers will encounter the same difficulties. &#13;
&#13;
The right home should not be bringing issues of doubt to you. The fact that there is no cellar will impact resale potential.&#13;
&#13;
Good luck</description><pubDate>Fri, 09 Jan 2009 06:20:28 -0800</pubDate></item><item><title>Answer by Gail Gladstone, CIPS, TRC, SRES, RECS</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-11743-22149/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-11743-22149/</guid><description>Dmanu, if I had to do it again, I would NOT purchase a house with a basement.  It ends up being a storage bin (even if finished) of things that should have been tossed; it's a place to have leaks; it is most often not used.</description><pubDate>Fri, 09 Jan 2009 06:02:55 -0800</pubDate></item><item><title>Answer by Ralph Windschuh</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-Ronkonkoma_NY-604684/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-Ronkonkoma_NY-604684/</guid><description>Dmanu:  If you're looking on Long Island, many buyers do want homes with basements.  However, just because a house doesn't have a basement does not mean it is a "bad investment."  It really depends on what you pay for the house that makes a difference.  You should take a look at the MLS and see what the difference is in price between let's say a 3 Bedroom, 2 Bath house with a basement versus one without.  You should be working with a buyer's agent that can represent your interests and assist in negotiating on your behalf rather than merely taking an offer and presenting it.  I would be happy to help you.  Good luck.&#13;
&#13;
Ralph Windschuh&#13;
Century 21 Princeton Properties&#13;
Certified Buyer Representative&#13;
Senior Real Estate Specialist&#13;
Associate Broker &#13;
631-467-0009&#13;
rwindschuh@c21princetonproperties.com</description><pubDate>Thu, 08 Jan 2009 17:36:08 -0800</pubDate></item><item><title>Answer by MARITZA SCHAAF</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-Hillsborough_NJ-549638/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-Hillsborough_NJ-549638/</guid><description>Hi Damanu,&#13;
This is a good questions from the point of view or resale!  Do you want/need a basement? We all have different tastes! It is common a house without a basement in your area? Your realtor will help you with a CMA of Sold in the same area,he/she would know if they have or not a basement too . Also compare this house with other in the neighborhood. &#13;
Good luck!</description><pubDate>Thu, 08 Jan 2009 17:08:29 -0800</pubDate></item><item><title>Answer by Tj Roberts,realtor,CNHS,ABR,E-PRO</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-43221-88885/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-43221-88885/</guid><description>Dmanu,Your spot on,always think resale.2sty or ranch gets a little better if 2000 sqft and up.Or if you like it that much and plan on retireing,might help.otherwise look at what you like so much,above ground,and try to match one w/basemt.Good huntin.&#13;
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                                                                                                                   TJ</description><pubDate>Thu, 08 Jan 2009 12:27:41 -0800</pubDate></item><item><title>Answer by Michael Prescott</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-Worcester_County_MA-622475/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-Worcester_County_MA-622475/</guid><description>A house without a basement is common depending on where you live. Some communities have most of the homes in without basements, due to a mulitiplicity of factors like who built it, where its located, when it was built, type of home. You have to look at it this way, if you are interested...what is the reason?  Is it a good place for you?  If it is, chances are it will be a good place for someone else (but not necessarily everyone, as we all have different tastes). &#13;
A key question does it compare to other houses in the neighborhood?  Do other have basements, do all have basements, do some?   Is the price reflective of it having no basement, while others do?   &#13;
Take all this in consideration, and when it comes time to make a decision hire a realtor to ask the questions that I have thrown out there, a good realtor will give you the answers to help in your decision process, if this is a good home for you.&#13;
&#13;
Good Luck&#13;
&#13;
Michael Prescott, Real Estate Pro&#13;
RE/MAX Innovation&#13;
Serving Blackstone Valley and Worcester Counties&#13;
http://www.michaelprescott.relocationma.com&#13;
mprescott@relocationma.com&#13;
&#13;
check out my blog at www.activerain.com/groups/blackstonevalley_real_estate</description><pubDate>Thu, 08 Jan 2009 11:25:23 -0800</pubDate></item><item><title>Answer by Camille Dandola</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-11710-229560/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-11710-229560/</guid><description>That's not true.  A basement's function is  generally for storage, housing the&#13;
heating units.   It is not  an upgrade to be able to have a basement or&#13;
 have living space in a basement ( because of lack of windows).&#13;
A house is worth more if the areas you will be doing your everyday living, &#13;
is not in the basement.   And most houses have two car garages and attic space for &#13;
storage purposes.  &#13;
I hope this answered your question.&#13;
&#13;
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Camille Dandola</description><pubDate>Thu, 08 Jan 2009 11:23:20 -0800</pubDate></item></channel></rss>
