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Yes especially when you compare to the value of a finished basement which will appraise for about 30 less in value than above ground space.
Is it worth finishing your attic. Finishing your attic can add space and utility and increase the value of your home as long as it s done properly. Enlarging an existing stairway or adding a new one will affect spaces below. Home advisor puts the national average cost of finishing an attic to us 49 438. Here are some must do tips to follow when finishing your attic.
Ultimately from an investment standpoint finishing an attic generally doesn t make a lot of sense so if you re flipping a home or renovating one in preparation to sell you shouldn t bother. A stair designed with an intermediate landing and two runs needs about 8 feet on the lower level. Finishing a walk up attic adds stairs and flooring for a total of 8 100 to 26 000. A straight run stair will chew up 10 to 14 feet of floor space.
The cost to install wood flooring is 2 500 to 6 800 a popular choice for this project. High above ground level your finished attic space will be more valuable in the eyes of the appraiser explains berg who was an appraiser for 14 years before he became a real estate agent. This cost is assuming that you have a completely unfinished space below your roof that you want to remodel into a functional room with a bathroom.
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