Basement Homes for Sale in Elbert, CO

Homes with a basement in Elbert: the numbers this week

54 homes with a basement are for sale in Elbert this week, $190K to $5.95M; the median home with a basement is listed at $750K for 3,207 square feet, $309 a foot. 100 percent of the sampled listings have no HOA. The charts below are drawn from those listings, not from a report about them.

Homes with a basement in Elbert by ZIP code

What the median home with a basement in Elbert costs per month

About homes with a basement in Elbert

The homes with a basement for sale in Elbert above are every MLS listing with a basement: finished basements, unfinished basements, walkout basements, garden-level basements and partial basements. Buyers searching basement homes in Elbert also search homes with a finished basement, walkout basement homes, homes with a basement apartment, homes with a mother-in-law suite downstairs and homes with a basement bedroom, and this page carries all of them. As of September 28, 2026 this page shows 12 home with a basements for sale in Elbert with a median list price of $1,513,646 and an average of $474 per square foot. The count updates the moment a home lists or closes.

Unfinished is the cheapest square footage you will buy in Elbert. It appraises low and finishes for $40 to $80 a square foot, which is less than the same space costs upstairs.

Walkout basements open to grade on a sloped lot and bring in light and a second entrance. They carry a premium in Elbert and make the best rental or in-law suites.

Garden level sits half above grade with full-size windows. More light than a standard basement, less separation than a walkout.

Egress, radon and water. A basement bedroom needs an egress window. Colorado sits on uranium-rich soil, so we test radon on every basement home in Elbert. And we look for the sump pump, the water line on the wall and the smell.

Tour with a Kenna agent, 7 days a week. We open the mechanical room, check the egress windows and ask for the permit history.

Inspect the basement hard. Radon test, sewer scope, foundation walls, sump pump and the grading outside. Expansive Front Range soils move basements.

Questions people ask about homes with a basement in Elbert

How many homes with a basement are for sale in Elbert right now?

54 this week, $190K to $5.95M, median $750K. The grid at the top of this page is the live MLS list and refreshes daily.

What is the median price of homes with a basement in Elbert?

$750K at list this week, for a median 3,207 square feet, $309 a square foot. Compare two on the per-foot number and the condition before the list price. More: Can I afford a home now?.

What does the median home with a basement in Elbert cost per month?

About $5,600 a month on the median $750K home with a basement with 5 percent down at a 7 percent note rate: $4,740 principal and interest, $344 property tax, $219 insurance, $297 mortgage insurance. A seller-paid 2-1 buydown cuts year one by $915. More: Can I afford a home now?.

Which ZIP code has the most homes with a basement in Elbert?

80106 with 52 in this week's sample, then 80116 with 1. More: Colorado Basement Egress Windows: Code and Costs.

Can I buy homes with a basement in Elbert with a low down payment?

Yes. Colorado down-payment assistance works at a 620 credit score, FHA takes 3.5 percent down, VA zero where the buyer qualifies, and a seller credit covers closing costs. On the median $750K home with a basement that is $26,250 down at 3.5 percent. More: Can I afford a home now?.

What should I check before making an offer on home with a basement in Elbert?

The price per square foot against the other listings on this page ($309 is the median), the days on market, the HOA or metro district if there is one, the sewer line and roof age on older homes, and whether the seller pays a closing-cost credit or a rate buydown. More: Seller concessions for Colorado buyers.

Does a finished basement count in the square footage?

Appraisers count it separately as below-grade square footage and value it at less per foot than the main floor. The MLS lists total and finished square feet; we show you both on every Elbert listing. More: What Colorado Homebuyers Want in a Finished Basement .

Can I rent out a basement in Elbert?

A basement with its own entrance, kitchen, egress and a city permit can be rented where Elbert zoning allows an accessory unit. We check the zoning and the HOA before you count on the income. More: Rent Out Your Home Instead of Selling in Today's Market – Kenna Real Estate Can Help -.