A home’s valuation majorly depends on its liveable square footage; however, it is not every time that your finances may allow you so. Thus, in such situations, finishing or remodeling your idle basement area comes as the most viable solution.
Generally, people hesitate to invest in basements because of the prevailing structural stresses and humidity issues. They keep this area unfinished most of the time and use it only as extra storage space which doesn’t add a whole lot of value to the property anyway.
On the other hand, a fully-renovated basement provides a space to entertain, relax, cook, play, work and accomplish your other goals. It adds usable space and reasonable value to the residence both for you and future buyers.
And fortunately, with a myriad of new-generation materials that have entered the market; every homeowner can now transform their dingy-looking basements with ease.
Elements to Include in a Basement Renovation
Once you decide to go ahead with your basement renovation, you should determine how you want the space to function and accordingly pick the elements that you absolutely want. Some of the common elements that you would need are:
- Built-in lighting
- Double-pane windows
- Engineered vinyl flooring
- Proper insulation
- HVAC units
- Storage shelves
- Multi-purpose furniture
Preparation Tips for Basement Renovation
When you are done evaluating your budget, hiring reliable basement finishing contractors, and applying for building permits; it is time to actually start renovating.
Following are some tips for a lasting, high-quality basement remodeling job:
- Inspect the Foundation Thoroughly
Before you start remodeling, you should look for any structural damages, rusting, water leakage, and other major issues and fix them at the earliest to maintain the integrity of your property. Don’t postpone these concerns, rather address them immediately or else the finishing process may take longer and charge you more.
- Clean Out the Area Fully
Even the best of the renovation contractors cannot work around a mess in your basement. Hence, you would need to clean out all the cluttered items and find a temporary storage space for them. By doing this, you will also be able to see how much space you have to work with and find the best ideas for the basement makeover.
- Dry Out the Basement Properly
Basements are typically damp and contain excess moisture. That causes quick rotting and mold development if not handled well. Though these moisture issues are likely to be discovered during foundation inspection, there can be other sources that play their part. Therefore, you need to check your gutters, look for wall cracks, and install a sump pump way before starting your work.
- Pat Attention to Energy Efficiency
Poorly insulated basements often contribute to major home heat loss, further leading to greater energy consumption and higher utility bills. So, it is vital to renovate your home with energy efficiency in mind. Search for high-quality and efficient basement materials that give you the much-needed insulation and comfort you require.