Posted by: The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

6 responses

  1. There is probably nowhere this is more prevalent than Ballard. Many a shack has been doubled in size by adding pergo and drywall to a 6-foot high hole under the house.

    I am waiting for 3-foot crawlspaces to be deemed living space, ala Being John Malkovich

  2. This crap is everywhere in Seattle — especially when people think they can rent their basement to pay down the mortgage.

    In fact, I’ve never seen as many obvious code violations as I have in Seattle rentals: exposed wiring, uninsulated walls, windowless basement apartments, water damage, mold infestations, and so on. It makes me wonder what would happen to the housing market if people could no longer rent their basements without having to invest in code compliance.

    Could people afford that $600,000 mortgage if they couldn’t rent their “daylight basement” apartments without $50,000 in upgrades?

  3. I once walked through a house in Beacon Hill that had several grafted-on remodels, that made Tara Reid’s boob job look like fine art.

    The best part was when I got taken into the basement with “remodel potential”. The ceilings were like 5′11″, exposed floor joists, concrete floors. I thought he was making a joke when he talked about turning them into bedrooms… what a nightmare. To his credit, he did say that they weren’t up to code, and that would be “a different thing to look into”

    I didn’t walk away, I *ran* away. I didn’t even take the business card out of the used-house-salesperson’s hand.

  4. “especially when people think they can rent their basement to pay down the mortgage.”

    Well, I do rent my (main floor) to pay my mortgage. I live in the (remodeled, to-code, daylight) basement.

    My renters pay my mortgage. I pay the HELOC that paid for the gutting and rebuilding (and earthquake-retrofitting) of the basement. The HELOC would be much less if I had done the remodel on the cheap, but… eek. Isn’t that just an invitation to massive rework if you keep the place, and massive lawsuit liability if you sell?

  5. Also many people dont look at mold, and rot issues in conventionally finished basements, a good alternative to wood studding and drywall (which is a food for mold and rot) is total basement solutions. totalbasementsolutions.com

  6. Regarding the issue of safety during a fire or catastrophe, an egress window or door is much simpler to install than you think, and costs 5-7K here in eastern PA. Of course, be sure your contractor has experience doing this, and don’t forget about the damage that will probably be done by driving heavy equipment on sidewalks, grass, over pipes, etc. It is very do-able, and is done routinely when we finish basements, but just plan for the possible side effects and most importantly, use an experienced contractor. This is one instance where inexperience could equal disaster, so check references and don’t decide based on price alone.

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