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Updated over 4 years ago on . Most recent reply
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New construction in Basement Lots !
I am looking at a couple of cul-de-sac basement lots. I have never done new constructions.
My questions are from the perspective of cost, difficulty of construction, appraisal and marketability of the final product.
Do you think a a new construction on a basement lot is better/advantageous than constructing on a regular lot ?
Most Popular Reply
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I would imagine it would cost more considering you need foundation walls poured in addition to the basement floor/slab. Obviously you'll have more living space with a walkout/daylight basement so the numbers should justify itself if you finish it off and the comps in the area support it.
Disclaimer: I'm not a builder :-)