Cripps Realty
2 min readFeb 13, 2024

Is it hard to sell a home with two basement apartment’s vs. One

My husband and I have broken up and I’d love to keep the kids in the same home, but I’m not sure if it is doable. Do you think if I turned my basement into two apartments, it would be hard to sell down the road?

Selling a two-basement apartment poses unique challenges in the real estate market. Potential buyers may initially raise concerns about natural light, ventilation, and legal compliance.

Pros of a Two-Basement Apartment:

However, with strategic marketing emphasizing the apartment’s features, such as separate entrances, potential rental income, and ample living space, coupled with transparent disclosure about compliance and renovations, sellers can address these concerns and attract interested buyers.

Cons of a Two-Basement Apartment:

To be honest, selling a house with two basement flats is more difficult, but we have succeeded. We previously sold one with two basement flats between Barry and Angus.

It was a bungalow. I overlooked its size. For example, the property was 1,600 square feet, with two 800 square foot apartments downstairs. The buyer was a multigenerational family.

Is that what most people want? No, and in most cases, when they do, they want one apartment rather than two. Another friend of mine has an apartment over the garage and two units in the basement.

Depending on the size of the family. Do you put limits on yourself? Indeed, it may be something that allows you to live in the house with the children for five years. Therefore, it could make sense to you.

Then, if you decide later on to keep the one apartment for the upstairs, you could convert the kitchen into a wet bar and use the extra space for the family’s recreation room when they’re not using it.

By pricing the apartment competitively and leveraging professional marketing techniques, selling a two-basement apartment can be a successful venture with the right approach.

Sign up to discover human stories that deepen your understanding of the world.

Free

Distraction-free reading. No ads.

Organize your knowledge with lists and highlights.

Tell your story. Find your audience.

Membership

Read member-only stories

Support writers you read most

Earn money for your writing

Listen to audio narrations

Read offline with the Medium app

Cripps Realty
Cripps Realty

Written by Cripps Realty

Voted #1 Top Choice Real Estate Agency of 2023, 2022, 2021 & 2020 in Barrie

No responses yet

Write a response