If you’re considering finishing your basement, you’re making an excellent choice. Creating a finished basement is an excellent investment in not only your enjoyment but the value of your home.
Finished basements simply add more living space to your home. Instead of using your basement as a place to store old trophies, boxes of kid artwork and crates of tools, you can create a brand new living space in your basement. Transform your space into a home theater, an additional bedroom or a craft room. Create a home office that allows you to max out your productivity or create a stunning guest room, complete with all of the amenities of a comfy hotel room. The possibilities are endless with a finished basement, and remodeling this space is the best way to add about a third of space to your home. In addition, a finished basement allows you to create an in-law suite so that you can make space for grandparents who can support the family and live comfortably.
Even if you are not planning to sell right away, adding a finished basement is a good investment. Buyers love finished basements, and adding one can make your home stand out in a competitive sales market. In the United States, finishing a basement gives you a return of about 75 percent of your investment. For every $1,000 you spend, you can enjoy an increase of $750 of the sales prices of your home. In addition, adding a finished basement allows you to increase your space without worrying about violating zoning laws.
Your finished basement is your space to get creative in your home. While you might not want to indulge your daughter’s fantasy of a princess room or your spouse’s desire for a sports room in your living space, the basement is the place to let your imagination run free. Change the paint, add in fun lighting, build fun shelving—the sky is the limit.
Finished basements bring value to your home, not only in terms of increasing resale value, but simply making your home a more enjoyable place.
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