Is not having a basement really an issue? The short answer: Yes
First let’s begin by acknowledging the fact that not all houses are created equal. When selling a house in Detroit with no basement you need to know a few key things. Most houses in Detroit, MI were built with basements but not all. Some homes were built on crawl spaces or even a combination of crawl space and partial basement. In some areas in the suburbs of Metro Detroit a house built on a crawl space is the norm. If the majority of the homes in your neighborhood have a basement then that is what most home buyers will want. The market is the market and there is no way around it. So, let’s discuss selling a house in Detroit MI in further detail, minus the basement. This may be a reality check for some folks reading this, but it’s important to except the facts.
Be Aware Of The Value Difference.
There are several uses for a basement, in fact possibly endless uses depending how creative one might be. A basement can be used for everything from storage space to a finished area used as extra living space or even an entertainment room. It’s a lot of extra square footage under the house which could potentially be used for multiple purposes. A house with a basement in the same neighborhood will almost always retain more value compared to a home on a crawl space. In other words if three houses recently sold on your block and all of them had basements you shouldn’t expect your house to sell for a similar price point unless it has a basement. For more information about selling your house go here.
In many cases, if you are a home seller in the Metro Detroit area and are hoping for a quick sale, contacting Detroit Fair Offer is the best move you can make. If your property doesn’t have a basement it’s not really too much of an issue.
