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what would you do? permit or no permit

22K views 33 replies 26 participants last post by  NewHomeDIYGuy 
#1 ·
Hi all, i'm new to the forum.... I'm in a little bind concerning finishing my basement.... it's a rectangle basement, half of it long-wise will be finished and the other side will be done some other time... Now my questions is this.... what are the pro and cons of finishing the basement without permit? I have a handy man that would do the whole basement for half the price of the half - basement appraissal from another guy. I've used him many times and he does a great job and gives us design ideas.... the other guy will do the work legally but i will have to get a permit and see my property taxes go up... I'm going to be leaving in this house for many years to come. what would you do? there's little chance that the town will come inside my house to look at what's going on.....
 
#32 ·
Taxes will not enhance an awesome offer as well as the slightly heightened valuation is some thing an appraiser for just about any lasting proprietor will appear at to help a purchaser to acquire a bank loan to afford the investment.

What the :censored:are you talking about??
 
#33 ·
In my city the project must meet a certain dollar amount to trigger an assessment. It's pretty high so it could be the same where you are. Give a call to the building inspector and ask.

Just because your property is assessed at a higher value and your tax value goes up does not instantly make your house more valuable. There are plenty of houses out there assessed at more than the homeowner could sell it for on the market. You will get whatever the market will bear. I would rather buy a nice house assessed at a lower value and thus lower taxes, than the same house assessed at some inflated value.
 
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