Basement Homes for Sale in Falcon, CO

Homes with a basement in Falcon: the numbers this week

What $600K buys among homes with a basement in Falcon this week: the median home with a basement at 2,782 square feet, $216 a foot. 15 in all, $397K to $1.13M; the price bands, bedrooms, ZIP codes, monthly cost and the questions buyers ask are below.

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

About homes with a basement in Falcon

The homes with a basement for sale in Falcon 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 Falcon 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 2 home with a basements for sale in Falcon with a median list price of $882,413 and an average of $212 per square foot. The count updates the moment a home lists or closes.

Unfinished is the cheapest square footage you will buy in Falcon. 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 Falcon 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 Falcon. 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 Falcon

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

15 this week, $397K to $1.13M, median $600K. The grid at the top of this page is the live MLS list and refreshes daily.

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

80831 with 15 in this week's sample. More: Colorado Basement Egress Windows: Code and Costs.

Do homes with a basement in Falcon have HOA fees?

Not on this week's sample: none of the 15 listings carries a monthly fee. More: HOA fees in Colorado, explained.

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

About $4,480 a month on the median $600K home with a basement with 5 percent down at a 7 percent note rate: $3,791 principal and interest, $275 property tax, $175 insurance, $237 mortgage insurance. A seller-paid 2-1 buydown cuts year one by $732. More: Can I afford a home now?.

How big are the homes with a basement in Falcon?

2,199 to 6,400 square feet across this week's sample, 3 beds most common. Price per square foot runs $216 at the median.

Can I buy homes with a basement in Falcon 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 $600K home with a basement that is $20,995 down at 3.5 percent. More: Can I afford a home now?.

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 Falcon listing. More: What Colorado Homebuyers Want in a Finished Basement .

Can I rent out a basement in Falcon?

A basement with its own entrance, kitchen, egress and a city permit can be rented where Falcon 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 -.