Expanding Space With Basement Remodeling
Looking for an easy way to add space to your home? Try fixing up the basement.
Many basements are underutilized, either because of fear of the unknown or a lack of planning. While any water issues should be addressed before basement remodeling begins, many basements just need a little TLC (and a contractor or two).
Basement Remodeling
When moving into a house, it’s easy to stick everything you’re not using in the basement to sort out “later.” If you’re looking for extra space, why not make that “later” now and do a little basement remodeling?
The beauty of basement remodeling is that you don’t have to do an expensive room addition. You often need a contractor, but can sometimes do the initial cleaning, demolition and planning yourself. One tricky part is getting over the psychological hurdle about your basement. It doesn’t have to be a dark, damp place used for storage only. A little basement lighting, paint, and planning can do wonders.
Basement Remodeling: Where to Start
Start by walking through the space and taking notes. With a little home improvement, can you carve out a home office? Can you remodel your way to more storage and perhaps an exercise room? When it comes to basements, home owners often want the following home improvement fixes:
- Better basement lighting
- More storage space
- Casual family room space
- Space for doing crafts or woodworking
Basement remodeling can be a great way to open up your space without doing an expensive room addition. Before starting such a home improvement project, make sure the space can handle it structurally and that any water seepage issues are addressed first.
In many cases, basement remodeling can be done in phases, making it easier to plan and pay for. In the end, you get more usable space without having to tear into your yard for a room addition.
Turn the basement into a party room. That’s how a bunch of my friends treat it – get some good lights and you can put some awesome decorations down there to jazz it up. Perfect for Halloween if it’s poorly lit basement. If I had a basement I would use it for multiple things, it’d be a free for all area in my house where my imagination would run its course.
Financing the project is one of the main concerns. While pulling out equity in your home is typically discouraged, this is an instance where the equity will be replaced by the added value of the basement. Also, only borrow what you need to get the project done. Avoid the urge to get more just because you can.