Asked by R01, Chicago, IL • Tue Jul 12, 2011
We are planning to buy a townhome in Chicago northwest suburbs. We have shortlisted two homes that are in the same community and almost identical to each other, except that one has an unfinished basement with sump pump and battery backup. We don't have a strong preference either way, but would like to buy the home that offers more value for money. So I'm trying to estimate the added value from the presence of an unfinished basement. Both homes are 2-level and about 1,600sqft. The home with basement adds 500-600 sqft of lower-level space (gets little light and is not a walkout). These homes are in the low $200,000's range.
Thanks for your response!
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