renovating basements for added value

[Holly Peterson]

Hi, I own some older homes in the midwest that are rentals and I would like to improve their basements. Is this a good idea? Has anyone had experience with that type of improvement and how was the ROI?

Thanks appreciate your responses.

Holly

[Scott M.]

Often times this comes down to if you put in an egress window or 2nd access or not.  If you don't, I find the returns are not spectacular.  If you put in a 2nd access you can count the SQFT along with the upper levels and really get the bang for your buck.