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Basement Finishing: Add Value to Your Home with a Finished Basement
Posted in:For some, a basement is a necessary storage and utility space in their home, but for others a basement serves them little function. Wouldn’t it be nice to utilize all of the space in your home as comfortable living space? Not only that, wouldn’t it be nice to add value to your home should you ever decide to sell it? Finishing your basement is one of the best home improvement investments you can make, and it comes with the benefit of extra living space for your family.
A quality, basement finishing can yield a 70.3 percent payback when you go to sell your home which makes it among the smartest redos you can perform on your house. It is recommended that, for the best payback on investment that you spend between 5%-10% the value of your home on the finishing process. Think of it as adding an extra floor of living space to your house. The possibilities are endless for a finished basement.
Of course, before you get to the fun part of designing your space, it is always important to consider the functionality of your basement first. Always make sure that you don’t seal off access to utilities in the basement. Create a utility closet by creating a small room around your utilities. You can even sound proof the utility closet to add further enjoyment to your space. Also be aware of water issues. Depending on where you live, you may be susceptible to water in your basement. Before finishing your space, consider adding a sump pump or French drains to ensure that your floors stay dry. Fixing a water damaged basement space can be very costly, so you want to prevent that from ever becoming an issue before you remodel. Now that you are aware of your budget and are aware of your utilities it is time to design the perfect space for your family.
It is recommended that you create an open floor plan in your basement, as it is better for resale value, but creating separate rooms can add much needed living space to your home as well. Finished basements can offer so many options to a family home. What is your home missing that you wish you had space for?
Guest Bedrooms – Maybe you want a guest bedroom and bath. Bathrooms can be added to most basements, and a guest bedroom in the basement will offer your guests more privacy than if they were on the main floor with your family.
Office – Creating a basement office is a great way to add value, and to give yourself much needed work space in your home. If you run a home based business this is especially important. Best of all, you can design the space specifically for your needs because you have a blank canvas in your basement.
Playroom – Sick of having the kid’s toys taking over your main living space? A basement playroom is a great option. Create a comfortable space the whole family can enjoy, and hide the clutter from your guests on the main floor of your home!
Man Cave or Woman Cave – It isn’t always easy to create the ultimate fun space in the main living area of your home, but with your basement the possibilities are endless. Create the ultimate sports hangout, movie theater, video game room, craft room, art studio, bar, or whatever you are looking to achieve. Be the envy of your neighbors, and have the place all of your friends want to enjoy.
The possibilities are endless! Best of all, many basements are big enough to give you the opportunity to create multiple great living spaces like the ones listed above in one place. Whether you want to finish an entire basement, or just a section of it, a good contractor can help you achieve your goals. Call American Custom Construction today to see how we can help you create the finished basement of your dreams.
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