Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New York > Long Island
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-07-2017, 04:17 PM
 
58 posts, read 63,945 times
Reputation: 15

Advertisements

We are looking to buy a house in New Hyde park but it has no basement. Asking price is around $450K. We liked the layout but are confused whether the house will appreciate if it has no basement. If we buy the house, can we add a basic basement and if so what will be the cost? Also it is around 1.5 blocks away from LIRR train station. Please advise.
Reply With Quote Quick reply to this message

 
Old 01-07-2017, 05:14 PM
 
245 posts, read 319,820 times
Reputation: 258
Quote:
Originally Posted by spx9d View Post
We are looking to buy a house in New Hyde park but it has no basement. Asking price is around $450K. We liked the layout but are confused whether the house will appreciate if it has no basement. If we buy the house, can we add a basic basement and if so what will be the cost? Also it is around 1.5 blocks away from LIRR train station. Please advise.
It would be insane to dig a basement for a house like that. That's a major project. It would be cheaper to build an addition.
Reply With Quote Quick reply to this message
 
Old 01-07-2017, 06:23 PM
 
58 posts, read 63,945 times
Reputation: 15
Quote:
Originally Posted by blernard View Post
It would be insane to dig a basement for a house like that. That's a major project. It would be cheaper to build an addition.
Thank you, do you think it is common in NHP area to not have basement. We don't want to buy something and get stuck later down the road as no one wants to buy it due to no basement.
Reply With Quote Quick reply to this message
 
Old 01-07-2017, 07:04 PM
 
1,143 posts, read 1,537,282 times
Reputation: 742
Quote:
Originally Posted by spx9d View Post
Thank you, do you think it is common in NHP area to not have basement. We don't want to buy something and get stuck later down the road as no one wants to buy it due to no basement.
uncommon. Only common in Levittown and on south shore ones near the water. Right?
Reply With Quote Quick reply to this message
 
Old 01-07-2017, 08:00 PM
 
Location: Long Island
9,933 posts, read 23,152,789 times
Reputation: 5910
Quote:
Originally Posted by spx9d View Post
Thank you, do you think it is common in NHP area to not have basement. We don't want to buy something and get stuck later down the road as no one wants to buy it due to no basement.
What style house is it? Some don't have basements.

If you're looking at the house on 13th Street, that's a Hi-Ranch - this style house never has a basement, no matter the location.

Last edited by Elke Mariotti; 01-07-2017 at 08:33 PM..
Reply With Quote Quick reply to this message
 
Old 01-07-2017, 08:21 PM
 
Location: under the beautiful Carolina blue
22,668 posts, read 36,792,894 times
Reputation: 19886
No it is not common. Yes, IMHO it will be a harder sell - future buyers will have the same misgivings as you - people on Long Island like their basements, as most grew up with them. Digging one out after the fact is not going to be worth it - if you want a house with a basement, find one that already has it.
Reply With Quote Quick reply to this message
 
Old 01-07-2017, 09:08 PM
 
58 posts, read 63,945 times
Reputation: 15
Quote:
Originally Posted by Elke Mariotti View Post
What style house is it? Some don't have basements.

If you're looking at the house on 13th Street, that's a Hi-Ranch - this style house never has a basement, no matter the location.
Thank you, house is more like cape/colonial. Real estate agent has been trying to tell us that it is common to not have basement in house in NHP as some houses have been built without a basement.
Reply With Quote Quick reply to this message
 
Old 01-07-2017, 09:09 PM
 
58 posts, read 63,945 times
Reputation: 15
Quote:
Originally Posted by twingles View Post
No it is not common. Yes, IMHO it will be a harder sell - future buyers will have the same misgivings as you - people on Long Island like their basements, as most grew up with them. Digging one out after the fact is not going to be worth it - if you want a house with a basement, find one that already has it.
Thank you, yes that's what we are thinking that it will be harder to sell, we liked the layout but are figuring out our pros and cons before we decide to buy something with no basement.
Reply With Quote Quick reply to this message
 
Old 01-07-2017, 09:28 PM
 
58 posts, read 63,945 times
Reputation: 15
What should a realistic price be for a house with no basement and 3 bedroom/2 bath in NHP? Also why does the price range vary so much in NHP School district 5.
Reply With Quote Quick reply to this message
 
Old 01-07-2017, 10:45 PM
 
2,605 posts, read 3,401,968 times
Reputation: 6139
No basement = No deal for me. I use my basement all the time and I would have definitely regretted not having one. You can use it for storage, a play area for your kids, laundry area, man cave, storage, etc.... SO many reasons that it is a necessity. When I was house hunting we saw a few really nice houses without basements but they jest felt like they were missing something. I know a few people that don't have basements and they all wish they did.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:




Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > Long Island

All times are GMT -6. The time now is 08:33 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top