I think some will appreciate a nice place to do a “dirty” job. Lol.

But if it were my money as a homeowner, I wouldn’t spend a fortune on it. But I’d make it a place I can at least like - for my own personal pleasure. So maybe just do what’s right for you...

It would make it more appealing to buyers, but probably not add dollar for dollar in resale value. See what you can do for $1000 or $2000 budget by talking to a contractor. Wallboard, new sheet vinyl, and new lighting would not cost much. New custom storage cabinets and quartz countertops would run up the bill a lot more than an Ikea Billy bookcase with doors and a Formica topped folding table.

NOVA is an expensive area. Do speak to a Realtor and get the comps on unfinished laundry space vs finished space. Then you can set your budget. I bet it pays off in your area.

If you decide to not do a whole remodel, maybe you could just paint the concrete walls white or some nice light sunny color to brighten up the room. Just that might make the space feel nicer.

IMO if the rest of the house is finished it makes sense to finish this space too , I agree that a basement laundry need not be fancy but it is nice to have the walls finished and the floor done at least . Some cabinets for essentials

I would put up drywall with a coat of paint and throw down some decent sheet vinyl to cover up the ugly vinyl tiles that are there right now. I would also add in a large functional overhead light that brightens the space without making it feel like you are in a hospital.

I would bet those three additions would "finish" this space without adding a huge expense. You can add shelves later. So long as it is clean, bright and functional it doesn't need to pretend to be anything other than a laundry room.

Todays young buyers are looking for a finished laundry room. (Even better if you can bring it upstairs). Besides, do it for yourself.

I sold my house with an unfinished basement this past summer that was located in Northern VA. I would recommend you finish off your laundry space for your own enjoyment, not necessarily because it may add value. Your descriptions of the space and your comments lead me to believe you would like to have that renovation for yourself. You can replace the concrete sink with a sink/cabinet from Lowes/Home Depot for a couple of hundred dollars. As others pointed out, you can brighten up the space for minimal outlay. (Definitely get rid of that floor before you market your house. Buyers do notice dirt and perceived lack of maintenance. Keeping my house clean and maintained was how I was able to get it sold in a soft market last summer, despite the disadvantage of the unfinished basement).

My laundry is in the garage. The walls had unfinished dry wall. I just finished the drywall. Although it is still a bare concrete floor and above is still the roof and rafters just that cheap minor change made a huge difference in the space. It looks cleaner and it's easier to keep a painted surface dusted.

I agree with the others, put up drywall and replace the floor, you will be so much happier in the space. This small change isn't over the top and buyers would be more attracted to your home.