An unfinished basement can be the bane of a homeowner’s existence. While it’s technically part of your home, you probably only venture into it when it’s time to fix an appliance, adjust the heat, or check for a leak. Especially for families who wish they had a little extra square footage, an unfinished basement can feel like a waste of space and an eyesore. But it doesn’t have to stay that way!
Completing an unfinished basement can be one of the easiest ways to add personality to your home, increase your space, and possibly even increase your home’s value. And oftentimes, it’s not as tough as you’d think to turn that dank and dreary cavern into a lovely, usable extension of your home.
The possibilities for transforming an unfinished basement are virtually endless, and they vary (of course) based on the size and layout of your basement. But here are a few reasons we think you could benefit from finally taking that step.
Extra Living & Utility Space
If your family’s been considering building an extra bedroom, bathroom, storage or Mother-In-Law’s suite, why not save yourself a little bit of hassle and convert your unfinished basement rather than starting from scratch? With some great lighting and a cosmetic rehaul, your basement may be able to somewhat easily transform into an…
- Extra Bathroom
- Home Office
- Guest Suite
- Entertainment Room
- Utility storage
Increase Home Value
Basements can be a powerful selling point and generator of interest among buyers. In the past, basements were used for storage or laundry but now they have become more creative with their use. In 2017 people saw and average 70% return on investment with a well done renovation including: insulation, framing, drywall, concrete finishing, electrical, and plumbing. This means you should invest the money into making your basement look nice so potential buyers have all the more reason to reach out.
Converted Basements can make extra money as a rental unit or space for family
If your home is large enough to fit all of the amenities needed, you could convert the basement into a mother-in-law suite. They are complete rental units that include sleeping quarters as well as eating and bathing areas; they also can generate some income for yourself if rented out at full price! In time with proper care this space may be able to provide an entirely new source of income in addition to whatever other sources already exist within one’s household.
It is not uncommon for couples with aging parents or grandparents to provide them a private living quarters in the form of an in-law suite. This provides peace-of-mind knowing they are close, but also independence and privacy that many elderly relatives desire during their later years of life. Even if a full conversion is not your immediate goal you can add things to your current project that will set you up for an easy basement conversion later, like extra laundry and appliance hookups.
Create an area to fuel your hobbies
Life isn’t just about working and watching TV! If you have a passion or hobby, turning your basement into a space to do more of this activity can improve your quality of life dramatically. An unfinished basement can make a great..
- Woodworking Shop
- Photography Studio
- Dance Practice Room
- Workout, Yoga, or Meditation Room
- Recording Studio
- Art Studio
Need help renovating your unfinished basement In WV, VA, MD, or PA?
We’re here to help! With more than 10 years of experience working on homes in the quad-state area, our team has the expertise and experience to bring your home into the 21st century, without losing any of the classic charm you love. Get in touch with us here for more information!