Home Improvement Wish List Item: Finished Basement
One of the items on the many home improvement wish lists that create lasting value year round, is a basement renovation. When you turn an unfinished basement into a functional, livable space you expand your home’s valuable square footage and increase your quality of living. The project may seem like a huge undertaking, but how in-depth the renovation goes is totally up to the homeowner.
Ways a Finished Basement Can Add Value to Your Property
The great thing about a basement is that the space is already there. There are no additions, no building out, and no building up – just fixing. Thus the initial costs are generally much lower, with the return on investment much higher.
The reason why a finished basement adds market value to your property is because the possibilities for the area are bountiful. By adding a bedroom and a bathroom downstairs, your home just went from (for example) 3 bed / 2 bath to 4 bed / 3 bath – commanding a much higher selling price without changing the square footage.
The Value of a Basement in the Here and Now – Not Just When Selling
Your current basement might be a dark and dreary space that is damp, moldy, and quite frankly pretty scary. Finishing a basement can create a bright livable space. Wouldn’t it be a great quality of living boost if the basement became a place where the kids can play safely or the entire family can gather to watch movies? Even if a finished basement can just be a place for extra storage without worrying about water and mold damage – this would be a huge asset to organize the rest of the home.
Different Levels of the Basement Finishing Project
Renovating your basement into a finished space can be an all-in-one project or one that becomes a high-quality living space over time. Insulating and framing the walls and running heat, electrical, and plumbing into the area is one of the first steps in the project. Over time a nice waterproof laminate or tile floor can be added as well as a drop ceiling to cover up any duct work, pipes, and wiring.
A design team at an interior remodeling company can assist you in coming up with the perfect layout for your space and needs. They can help devise a budget and determine if this will be an all-in-one renovation or one that is completed in steps.
So let the brainstorming begin! How will you transform your basement?
Call Snap today for any Minneapolis roof, Minneapolis siding, windows, insulation, or deck projects. 612-333-SNAP or contact@snapconstruction55431.dev8.sociusinc.com.