Gone are the days when basements were the coldest, wettest part of any home. These days, basement waterproofing solutions can ensure that your basement is dry, warm, and perfect for day-to-day life. In fact, if you undertake finishing work that is in line with regulatory safety requirements, you could double your living space. More than this, you could increase your property’s value by thousands, if not tens of thousands, of dollars.
How Finishing Your Basement Could Double Your Living Space
For most homeowners who have a basement, that space covers most of the property floor plan. While it is not counted as livable square footage by realtors, it could be; all you need is a little elbow grease and the right solutions to improve this area’s health and safety. If you do the work right and enlist the help of professional teams, you will find that the investment pays off very well! Just how you finish your basement depends on the needs of your family, of course. Here are some common conversions.
Build a Guest Suite
If you have a large floor plan in your basement, investing some thought into planning a whole guest suite could double your living space, literally, and boost the value of your home. For smaller basements, this could mean a bathroom, kitchenette and a fold out sofa to act as a bed when needed.
If you have a larger basement, however, segregating the space into a living and kitchenette area, a bedroom (or two if you can), and an en suite bathroom or half bath is a great idea. Not only will this give your family room to grow and accommodate guests, but it will hugely increase the sale value of your home. Just remember that if you do not have an external access point, your basement will need an egress window to count as livable space.
Create a Rental Studio
Creating a studio apartment for rent in your basement is trickier than making a guest suite because it will require a private access point. If you are able to offer this, however, and you are willing to block off access to the basement from the main house, either with a securely locked door or by removing interior access, you could find that this is a hugely valuable asset to your home.
Build a Workshop or Games Room
Many people who have all the sleeping space they need in their homes choose to convert a finished basement into living and social spaces. Games rooms, media rooms, office spaces, and workshops are all common choices for finished basements in this kind of setting. This adds less value than more bedrooms would, but when it comes time to sell, you can highlight that the space is already finished and only needs a few more tweaks to become a bedroom or guest suite.
Of course, just what you do with your basement is up to you; you are limited only by your creativity and imagination!
Seek a Professional Opinion on Basement Conversion
Before undertaking any kind of finishing project, you need to consider the health and safety of your basement. It may need attention from basement repair professionals like Foundation Recovery Systems, who can make sure your basement is waterproof and in keeping with all local regulations and fire safety requirements. By doing so, they will save you money on costly future repairs and protect you from the potential blowback that non-compliant work can cause. While it may be tempting to save money by going it alone, professional help can actually save you money by ensuring your basement is ready for a conversion.
Foundation Recovery Systems offers free inspection and consultation appointments without obligation to help potential clients understand the work involved before basement conversion. When you book an appointment, our inspectors will make a full assessment of your basement. This includes highlighting any warning signs of dampness or structural instability they might see. They will give you an honest opinion on the amount of work required to waterproof or structurally stabilize your basement by providing you with a same-day written quote. So why not call us today to find out what your basement could do for you?