Finish Your Basement for More Living Space

February 26, 2021

When you remodel your home, one of the best investments you can make is finishing your basement. Not only will you enjoy more living space, but you can expect a return of up to 75% of your investment in resale value. A finished basement can be a beautifully designed space that creates efficient storage and allows your family more space to breathe.

Basement renovation with a fireplace and a bar.

Using Your Basement to Add Living Space

When you remodel your home and plan to finish the basement, you will add plenty of living space to your home. You’ll have the opportunity to design this space – literally – from the ground up, and there are many options. Your finished basement can be a guest suite, a home office, a home theater, a home gym, a playroom, a game room, and more. You can add a kitchen or bathroom, leave the space open, or break it into distinct areas.

Consider the Space When You Remodel Your Home

Although the basement is a great way to add living space, there are considerations to be made. One of the most important things to know when you remodel your home and finish the basement is that your basement will still need to be a utilitarian area. Your furnace, hot water heater, electrical panels, and more will still need dedicated and accessible space, and you may still need to use at least a portion of your basement for storage. When you begin to remodel, consider the utility first. Make sure that you leave a space you may need for storage and can access everything you may need to quickly – if there is a leaky water heater or a blown fuse you want to take care of it as fast as possible – and then begin to plan the finished space. Most finished basements are open concept, but think of taking that open concept idea and making distinct areas for what you picture the finished basement to look like. You can create a game and bar area, a home office, an exercise area, and a playroom all in one space, simply by placing lighting fixtures and area rugs to define each area.

Use a Contractor to Finish Your Basement

When you remodel your home, you may be tempted to try and cut costs. The basement is not the place to do that. With all of the structural concerns, foundation work, framework, ductwork, and plumbing to, and work around, not to mention the electrical work, waterproofing, and everything else that goes into finishing the basement, a contractor is essential. You need someone with the experience and expertise in this type of project. If you don’t use someone with experience, you may end up with frigid temperatures, water damage, or worse. Your contractor can ensure that you will have the right specialists for every piece of the job and they’ll make the job is done safely, from the stairs, to the egress, to radon, and more.

Finishing your basement is a great way to add space for the whole family when you remodel your home. You can create the area you need, know you’ve made a solid investment in your home, and, when you use the right contractor, you’ll know that the space is safe, solid, and secure. Contact Community Renovations for an estimate!