We get asked this question on a regular basis. You have to look at ‘value' in a couple of ways. There is the financial value or payback of the initial investment, and then there is the comfort value.

The good news is that a basement development (Professionally done) is a very good investment on both levels. Typically you can expect an immediate 50% to 70% return on your investment for a professionally developed basement.

Adding other items such as a gas fireplace (50-70% immediate ROI) and a new furnace (75-90% immediate ROI) are also good investments. These numbers are based on having a professional contractor involved. For a more extensive listing of value adds from various renovations, visit www.hendersonandbutt.com (local home appraisal consultants).

The comfort value that will be added to your home is invaluable when the project is handled by a professional contractor.