12 Hrs
Source:
The Boston Globe
Brookline basement converts to $4,500 monthly rental
A homeowner in Brookline renovated her century-old basement into a modern, light-filled apartment, transforming a previously musty space into a desirable rental unit. The project cost around $700,000 and includes features like windows, skylights, and a separate entrance, making the space comparable in value to above-ground units despite typical below-grade price penalties. Experts highlight that such conversions can effectively expand housing options while preserving historic homes, especially amid rising property values and housing shortages. The renovation has proven successful, attracting tenants quickly and potentially increasing the property's overall value.
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