As lumber, it is a favorite in many ways.
A premier turning (click here) and carving hardwood
Basswood is a preferred species among high-end shutter manufacturers. The sapwood of Basswood is creamy white in color, merging into the heartwood, which is pale to reddish brown, sometimes with darker streaks. When dry, the wood has no characteristic odor or taste. The wood has a fine uniform texture and moderate luster grain.
Basswood is soft and light, valued for hand carving and has other uses including cooperage, boxes, veneer, excelsior, and pulp. Basswood is also a top choice for musical instruments, shutters, specialty products and millwork.