Benefits of finished basement
Why should I finish my basement? Is a basement renovation worth the money?
Most of homeowners are asking these questions. Instead of looking at a basement renovation as lost money or time, you should see the unfinished basement as a lost opportunity.
Let’s explore the benefits of a finished basement:
Building a legal suite in your basement to be rented out can provide you with additional income.
Many younger families don’t have a down payment to buy their own home. So, they go with rental options. A separate living space that your finished basement will provide, will be a good option for those younger families.
Another additional income you can benefit from your finished basement is by energy saving costs. When you get a basement finished properly with a good insulation, it will help to increase the efficiency of your HVAC , reduce loses and cut the expenses.
Before making the decision to finish your basement as a legal suite to rent, make sure your house is structured and ready for this. This could include having a separate entrance to the basement, a shareable laundry room, basement windows, and enough parking space. Our experts basement builders at A-Z Property Improvement & Remodeling can transform any basement into a cozy home. Speak to our team to discuss basement designs options and cost to transform your basement to a legal suits that best suits your space and needs.
By finishing your basement properly by a professional renovation company, you can double up the amount of livable space, as for most houses the basement is close to the same size as the main floor.
Adding more space to your house can really increase the quality of your life at home. We are not talking about an extra space to put unwanted furniture and stuff, but the endless opportunities for a space that a finished and newly renovated basement can provide. You can have a place for children to play, a home-office, entertainment area, at-home workout area or just a quite relaxing area.
You can have bedrooms, bathrooms or even a small kitchen. Adding more bedrooms and bathrooms in your basement can be useful for your growing family, which can be children or parents. You can have multiple rooms in your basement for family or visitors.
it’s important to define what you need and what will be the potential added value to your property before starting a basement finishing and renovation project.
Increase the value of your property
When you have a finished basement, the value of your home increases and this gives you a great return on investment for your basement renovation. One way to ensure that the potential homebuyers of your home see they are getting value for their money, is by having a beautifully finished basement. A finished basement could be the difference in selling quickly and attracting more potential buyers.
It’s a fact that any home improvement project you added to your home, has benefits to you and the future of your home. Basement finishes and renovations are guaranteed improvements that increases your property value.
Our team of basement renovation experts will help you with a design that maximize on getting the most value from your basement project costs. Contact us
The conclusion is investing in your basement has benefits, both short and long term. The possibilities are endless