Asked by Kristina, New Hope, MN • Tue Jun 8, 2010
My husband and I are planning some remodeling projects to make our New Hope, MN house more livable for us, as well as increase its value. We plan to stay in house at least another 5 years. We currently have a 3 bed, 1.5 bath, 2 car, 1600 sq ft single family home (have already remodeled kitchen and full bath, new windows and electrical). Which of the following would increase the home value the most (none of the options will add square feet to home):
1) during basement remodel, add fourth bedroom in basement by taking away some of the family room square footage. House would then be 4 bed, 1.5 bath.
2) during basement remodel, add bedroom in basement by taking away some of the family room square footage, AND taking small bedroom next to master and turning it into a walk-in-closet and bath so we have a true master suite. House would then be 3 bed, 2.5 bath.
3) just remodel basement family room (currently dark wood paneling) and don't add bedroom by taking away family room square footage.
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