Saturday, March 3, 2012

I found a house in Monroeville just outside of Pittsburgh, PA that has been completely renovated from the Top to the bottom. Everything is brand new - roof, kitchen, bathrooms, windows, etc..

The only problem is that there is no basement. Is it a wise decision to purchase a home on a slab foundation in Monroeville?I do not plan on living in this property for the rest of my life and I have a small child. I am not sure if this will hurt the resale value. Thanks|||If something is too far out of the NORM for an area, stay away from it! It will slow down your resale when its time to sell!!

Think about it, you came on this board to pose the question to the Rabble? That answers your own question, you had to stop and think about it!!

Lacking a basement is not like changing a roof, it is waaaay too expensive a correction to make to get it in line with what is typical for an area! (Incurable Obsolescence)|||Personally, a basement is the first thing I look for in a listing. If there is no basement, I move on to the next listing. A basement is free room to grow. Finishing a basement is A LOT cheaper than putting an addition on a home. But, there are plenty of people who are not concerned if they have a basement.

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