Basement Homes for Sale in Manitou Springs, CO

Homes with a basement in Manitou Springs: the numbers this week

92 homes with a basement are for sale in Manitou Springs this week, $39K to $1.4M; the median home with a basement is listed at $395K for 1,706 square feet, $354 a foot. 51 percent of the sampled listings carry an HOA at a median $245 a month. The charts below are drawn from those listings, not from a report about them.

What the median home with a basement in Manitou Springs costs per month

About homes with a basement in Manitou Springs

The homes with a basement for sale in Manitou Springs 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 Manitou Springs 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 9 home with a basements for sale in Manitou Springs with a median list price of $809,444 and an average of $330 per square foot. The count updates the moment a home lists or closes.

Unfinished is the cheapest square footage you will buy in Manitou Springs. 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 Manitou Springs 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 Manitou Springs. And we look for the sump pump, the water line on the wall and the smell.

Get pre-approved and know the finished-basement price bump in Manitou Springs runs $30,000 to $80,000 on the same floor plan.

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 Manitou Springs

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

92 this week, $39K to $1.4M, median $395K. The grid at the top of this page is the live MLS list and refreshes daily.

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

The price per square foot against the other listings on this page ($354 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.

Do homes with a basement in Manitou Springs have HOA fees?

Most do: 47 of 92 sampled carry a monthly fee, median $245. Ask for the budget and the covenants before the inspection. More: HOA fees in Colorado, explained.

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

$395K at list this week, for a median 1,706 square feet, $354 a square foot. Compare two on the per-foot number and the condition before the list price. More: Can I afford a home now?.

How big are the homes with a basement in Manitou Springs?

456 to 5,668 square feet across this week's sample, studio or 1 bed most common. Price per square foot runs $354 at the median.

Can I buy homes with a basement in Manitou Springs 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 $395K home with a basement that is $13,825 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 Manitou Springs listing. More: What Colorado Homebuyers Want in a Finished Basement .

Can I rent out a basement in Manitou Springs?

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