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Deep Dive into Washington Basements: Listing Data & Market Trends

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Basements may not always be the showstoppers in a home listing, but in Washington state, they’re quietly invaluable. Whether you’re browsing homes in Seattle, Yakima, or Bellevue, there’s a good chance you’ll come across a flight of stairs leading to a space that’s more than just “extra.” In many parts of the state, basements are a smart and versatile feature — one shaped by geography, history, and lifestyle.


🏗️ Why Do So Many Washington Homes Have Basements?

In colder climates, building codes require home foundations to be set below the frost line to prevent damage from freezing and thawing. Once that deep excavation is done, it’s practical to make use of the space — which is how many of Washington’s basements came to be.

Originally, basements were utility zones — housing furnaces, water heaters, and storage. But over time, homeowners began transforming them into functional living areas: rec rooms, offices, guest suites, or even separate rental units. With square footage at a premium in many Washington cities, that extra space matters.


🏔️ Basements Reflect the Landscape

Washington’s diverse geography also plays a role in how basements are built. In inland areas and neighborhoods with sloped lots, daylight basements — partially above-ground spaces with windows or doors leading to the backyard — are common. These layouts bring in natural light and offer exterior access, making the basement feel more like part of the main home.

In contrast, some areas—especially coastal regions with high water tables—see fewer basements due to soil and drainage concerns. In newer developments, rising construction costs have also led to more homes being built on slabs rather than with basements.


🛠️ Basement Types & Search Tools

But, basements aren’t one-size-fits-all. NWMLS brokers can list and search for homes by a variety of basement types to help clients find the right fit:

  • Daylight – Partially above ground with windows and/or exterior access
  • Fully Finished – Complete living space, ready to use
  • Partially Finished – Some living space, with unfinished areas
  • Roughed In – Framed and ready for finishing
  • Unfinished – A blank slate for future projects

This flexibility in search filters helps buyers narrow in on homes that meet their space, lifestyle, and investment needs.


🏘️ Where Are Basements Most Common?

In 2024, homes with basements made up 24% of all residential sales, and were most commonly found in older neighborhoods. Here’s a look at cities where the most homes with basements were sold in 2024 and how much they cost compared to homes that lack a basement:

CityHomes w/ BasementsMedian Price
Seattle3,342$1,100,000
Tacoma995$540,000
Bellevue457$1,895,000
Bremerton350$477,475
Bellingham320$860,000
Kirkland313$1,640,000
Renton298$802,500
Everett296$724,995
Kent245$695,000
CityHomes w/o BasementsMedian Price
Seattle3,184$800,000
Tacoma2,095$475,000
Bellevue549$1,890,000
Bremerton783$482,495
Bellingham656$654,924
Kirkland704$1,588,975
Renton847$818,000
Everett945$682,500
Kent796$698,000

📈 Basements Add Real Value

Beyond storage or hobby space, basements can add significant value to a home — especially when finished or partially finished. In fact, NWMLS data from 2024 shows that homes with finished or daylight basements commanded notably higher prices:

Basement TypeHomes SoldMedian Price
Daylight6,053$946,000
Fully Finished9,127$928,327
Partially Finished2,210$750,500
Roughed In314$626,500
Unfinished2,021$600,000

A Smart Space with Loads of Potential

Basements in Washington aren’t just about architecture — they’re a reflection of climate, terrain, and lifestyle. Whether you’re looking for a cozy movie den, a private guest suite, or a future income-generating ADU, a basement offers options.

NWMLS brokers are equipped with tools to help you find homes that offer these valuable features. From finished daylight basements to blank-slate spaces ready for transformation, the right home might be just a staircase away.


Data for all reported MLS residential sales during 2024 in Washington state.

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