WVH1977
Platinum Member
- Joined
- Apr 6, 2017
- Messages
- 617
- Location
- Richmond, VA
- Tractor
- Massey 2860M Cab, New Holland TC40, Hitachi EX100, Gravely Pro-Turn 152
We are currently looking/drawing house plans for a new house. The land has a good roll to it. There are several nice spots for a walkout basement. We also have a few flat places to put a house without a basement. Does anyone on here have a house with a walkout basement and do you like it? Is it quite a bit cheaper than doing a regular two story? My thinking is heating and cooling a ranch with a basement will be substantially less than a two story house. Am I right in this thinking?
I have been told by both a mortgage lender and my builder that a basement even when finished is not counted as square footage living space when appraising the property. This is not too much of a concern since we have a good amount of cash to put down on the house. However, I don't want to go into a new house with a low appraisal.
We really want a ranch with a basement but could live with a two story also or just a big ranch. We will also need an in-law suite (which has to be on the first floor) and rooms for the kids so two masters are needed with two additional bedrooms. Just curious if anyone has gone through a similar process and which way you decided to go. So many details to think about especially when doing two master suites. We plan on living in this new house for a very long time so I want to get it as right as we can. Any thoughts or opinions would be greatly appreciated.
Thanks
I have been told by both a mortgage lender and my builder that a basement even when finished is not counted as square footage living space when appraising the property. This is not too much of a concern since we have a good amount of cash to put down on the house. However, I don't want to go into a new house with a low appraisal.
We really want a ranch with a basement but could live with a two story also or just a big ranch. We will also need an in-law suite (which has to be on the first floor) and rooms for the kids so two masters are needed with two additional bedrooms. Just curious if anyone has gone through a similar process and which way you decided to go. So many details to think about especially when doing two master suites. We plan on living in this new house for a very long time so I want to get it as right as we can. Any thoughts or opinions would be greatly appreciated.
Thanks