Originally posted by: Vic
The appraiser has to be able to inspect the foundation for any possible water or pest damage. If he can't make that inspection, the home won't fly. Thems the rules.Originally posted by: BigSmooth
Why is that?Originally posted by: Vic
Yes.Originally posted by: NuclearFusi0n
The closest thing to a basement in my house is a little panel on the floor which you can open to get to pipes and junk. That's a crawl space, right?
One little off-topic note: a home must either have a basement or a crawl space or it cannot qualify for any government-back mortgage financing, like FHA or VA.
Originally posted by: Shiva112
houses in CO almost always have them.
houses in TX don't either due to flood prevention or it being too hard to drill down.
Vic may be right on the resale, I really don't know much about that. But people build basements where it is feasable since it is so cheap to make. For example suppose you were building a house and you had a choice to add a second floor or to add a basement. Either way you get the same amount of space, and same number of rooms, but adding the basement costs about 75% less than adding the second floor. So people who need lots of space build basements since they are dirt cheap. But when you look at the house from the street they look tiny (no one can see the basement) compared to the same sized house if it had a second story. So I can easilly see why reselling the house is not as good with a basement.Originally posted by: Electric Amish
Well, I'd say nearly 95-100% of the houses here in Utah have basements. If the cost is so much higher, I wonder why they continue to build them.
amish
Originally posted by: CitizenDoug
How much does a basement cost? I thought it was a cheap way to essentially double the square footage of your house..
All houses have foundations. Adding a basement doesn't mean your foundation costs change much.Originally posted by: Electric Amish
Originally posted by: CitizenDoug
How much does a basement cost? I thought it was a cheap way to essentially double the square footage of your house..
No way. In the 2 houses my parents built the foundation was the most expensive part of the entire building.
amish
Originally posted by: dullard
All houses have foundations. Adding a basement doesn't mean your foundation costs change much.Originally posted by: Electric Amish
Originally posted by: CitizenDoug
How much does a basement cost? I thought it was a cheap way to essentially double the square footage of your house..
No way. In the 2 houses my parents built the foundation was the most expensive part of the entire building.
amish
Originally posted by: Electric Amish
All houses have foundations. Adding a basement doesn't mean your foundation costs change much.
Read my edit please.[/quote]Originally posted by: dullard
Originally posted by: Electric Amish
All houses have foundations. Adding a basement doesn't mean your foundation costs change much.
Sure it does. You have to add all the forming + an extra ~7 feet of concrete x ~2 feet thick + rebar around the entire circumference as well as any extra supports on the interior.
I always assumed it was a combination of things: flooding, high water tables, social customs (ie they just aren't used to them, so they don't build them), earthquake regulations, etc.Originally posted by: Electric Amish
Well, then we're back to why don't they have basements on the West coast then, if they aren't expenive?
It's because of the frost-line issue that I mentioned before. Usually, the builder is required to build a deep foundation because of county or local codes regarding frost-line depth. Get a deep enough foundation and you have a basement.Originally posted by: Electric Amish
hehe
Well, I'd say nearly 95-100% of the houses here in Utah have basements. If the cost is so much higher, I wonder why they continue to build them.
amish
Nova scotia, Canada gets about zero earthquakes a millennium and dito for tornados and most houses have a basement! We get tornados in Alabama and few people have basements.Originally posted by: cheapbidder01
The real reason the Homes in CAL don't have basements is because we don't need to hide from the hurricanes or Tornados every year. Earthquakes only occur once a decade and most aren't that serious anyway.
Originally posted by: pyonir
Most homes don't have them in Arizona because the "rock table (?)" is so shallow beneath the ground that it takes much heavier equipment to get through it. It isn't worth it. (at least that is what i have been told).
Originally posted by: Skoorb
People on west coast too dumb use stairs without break neck.
But I bet they have cold winters in Nova Scotia and warm ones in Alabama, right?Originally posted by: Skoorb
Nova scotia, Canada gets about zero earthquakes a millennium and dito for tornados and most houses have a basement! We get tornados in Alabama and few people have basements.Originally posted by: cheapbidder01
The real reason the Homes in CAL don't have basements is because we don't need to hide from the hurricanes or Tornados every year. Earthquakes only occur once a decade and most aren't that serious anyway.
Why you say that?Originally posted by: DeathByAnts
Originally posted by: Skoorb
People on west coast too dumb use stairs without break neck.
People on the east coast are too stupid to read and write properly.
Originally posted by: Vic
Yes.Originally posted by: NuclearFusi0n
The closest thing to a basement in my house is a little panel on the floor which you can open to get to pipes and junk. That's a crawl space, right?
One little off-topic note: a home must either have a basement or a crawl space or it cannot qualify for any government-back mortgage financing, like FHA or VA.
Sigh... my mistake (did not have to check facts, just an oversight on my part). Obviously slabs are a different story. FHA does require that the appraiser note the presence of any cracking.Originally posted by: RossGr
Really? Check your facts, I am sitting on a slab and have a FHA loan.Originally posted by: Vic
Yes.Originally posted by: NuclearFusi0n
The closest thing to a basement in my house is a little panel on the floor which you can open to get to pipes and junk. That's a crawl space, right?
One little off-topic note: a home must either have a basement or a crawl space or it cannot qualify for any government-back mortgage financing, like FHA or VA.