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Updated over 4 years ago on . Most recent reply

User Stats

188
Posts
69
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Kaustubh Johri
  • Investor
  • Atlanta GA
69
Votes |
188
Posts

New construction in Basement Lots !

Kaustubh Johri
  • Investor
  • Atlanta GA
Posted

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

User Stats

34
Posts
16
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Sean Richards
  • Investor
  • Atlanta, GA
16
Votes |
34
Posts
Sean Richards
  • Investor
  • Atlanta, GA
Replied

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 :-)

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