Just today I came across this real-life horror story of a woman (single mom) who bought an older house on a slab and within a week huge problems emerged. All pipes and duct work were under/in the slab, and somehow, the sewage pipes had started leaking into the heating duct!
Smell, black mold and all...
House was condemned and 2 years later the woman is still trying to get her life together and sue the seller (also a RE agent) for non-disclosure...
Bought a house with major defects not disclosed sellers knew about
Anyway, I genuinely dislike basements. Attics - yes, basements - no. But from practical point of view and after reading here, am trying to view the positives.
Listed here, I have seen: 1) desirability/value (most people want them); 2) storage; 3) living space expansion;
4) moisture/flood control: this seems to go either way, but still preserves the main floors; 5) temperature control/utilities (offsetting the freezing point away from the main floor level); 6) easy access to pipes, wiring etc.
I personally do not care about 1, 2 & 3, still unsure about 4; but 5 & 6 may convince me to want a basement.