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Usually a part of the basement is unfurnished and is used for storage, a workshop, and/or a laundry room; when this is the case the water heater and furnace will also often be located there, although in some cases the entire basement is finished, and the water heater and furnace are boxed off into a closet.
Although the upper floors are only used for storage, the main floor of the Hotel including lobby and dining room are used as a private banquet facility, popular for weddings, receptions, and corporate events. The finished basement is also available for rental as a venue for parties and receptions.
The house is two stories tall, and has a finished basement. [6] It has more than 1,600 square feet (150 m 2) of floor space, and contains two bedrooms, two full bathrooms, and an additional half bathroom. [6] The ground level of the home follows an open concept plan. [6]
The couple compared the costs against the rental rates for apartments. “While our build cost was similar to the cost of 18 months of rent after school finished, she would have a permanent home ...
The split entry has two short sets of stairs (usually five or six steps per stairway) and is a one level improvement with a basement. The entry is "between" the floors. Per FNMA/FHLMC regulations the lower level is defined as a basement even if finished. Usually the basement level is "walk out".
A basement apartment is an apartment located below street level, underneath another structure—usually an apartment building, but possibly a house or a business. Cities in North America are beginning to recognize these units as a vital source of housing in urban areas and legally define them as an accessory dwelling unit or "ADU".
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