this post was submitted on 31 Jan 2026
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If you have walls, it's "finished" space and may be taxed higher.
Here, it’s only the ceiling that matters.
Huh, I didn't know that. Is that a US thing?
This is in Canada, but it might be the similar idea. Most houses, when built, do not have finished basements. I’m not certain as to why that is, but that was the case with this house.
Taxed higher as it raises the overall value of your home.