Mztk1
Senior Member
- Joined
- Dec 3, 2006
- Professional Status
- Certified Residential Appraiser
- State
- Florida
Well your first one, which is actually the second picture you provide above, is more akin to the houses I have seen.
Unfortunately, what I have done in the past does not sound like an option for you. But I've gone 20 miles, and I've gone a year and a half back to find a similar style house in order to check market reaction. The bottom level, when enclosed, I've called a garage with storage or workshop, when open, a carport with covered storage. I've never called it a basement. Without excavation, the costs would be different.
The other thing I've had to watch for is their potential to be finished to living area. In some locations the living area is up high as a zoning requirement due to flooding. In that situation, even if the ground level that was the garage was finished to living area, I can't count it as such. But in other locations that ground area can be converted. Like in your first one, it looks like it is possible to have a family room at the entry door, section off the garage, and put stairs in to the upper level. If that is the case, and zoning allows it, I would have to consider whether or not the market would view that as a positive feature or not.
Unfortunately, what I have done in the past does not sound like an option for you. But I've gone 20 miles, and I've gone a year and a half back to find a similar style house in order to check market reaction. The bottom level, when enclosed, I've called a garage with storage or workshop, when open, a carport with covered storage. I've never called it a basement. Without excavation, the costs would be different.
The other thing I've had to watch for is their potential to be finished to living area. In some locations the living area is up high as a zoning requirement due to flooding. In that situation, even if the ground level that was the garage was finished to living area, I can't count it as such. But in other locations that ground area can be converted. Like in your first one, it looks like it is possible to have a family room at the entry door, section off the garage, and put stairs in to the upper level. If that is the case, and zoning allows it, I would have to consider whether or not the market would view that as a positive feature or not.