Investment Properties in Melrose : Real Estate Advice

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Kevin Vitali, Real Estate Pro in Tewksbury, MA
Kevin Vitali answered:
We bought a 2 bedroom 1 1/2 cape that we are rehabbing. How much would finishing the basement, w/a third bedroom and fullbath add to the resale value?
There are many variables in a basement rehab and what the value of it may be. in General I would say a basement rehab is worth about 1/4 to 1/2 of upper level finished space.

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0 votes Share Flag Sun Apr 21, 2013 Investment Properties in Melrose

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