Owning a house is a great thing and is something that most of us dream about, but not all of us can afford. So, it is funny when it comes to home remodeling, and most people usually put the basement on the back burner. However, it is very important to consider it when you are remodeling your home.
You can refurbish a basement and make it into a man cave, a home theater, or even a bedroom, and on top of that, it ups the resales value of your home. So without further ado, let’s get into the list of things you should know before remodeling your basement.
1. The structure
Before you give your basement the TLC it needs, then you need to look at the structure, and you might want to get a professional on this one. The structure of your basement is an indication of the health of your property, and an unstable structure is a bad start and is something that must be looked into as soon as possible.
It is also essential for you to be aware that not only do old homes have structural issues, new houses can also have structural issues that need to be addressed as soon as possible. You can see wear and tear in your basement, and this is something that you need to look into, so before the remodeling process, examine every inch of your basement to know what needs to be done.
Look for problem areas such as leaks, cracks in the walls, floor and ceiling, electrical issues, and even suspicious plumbing. Most of these problems can be fixed, and we recommend hiring a professional contractor to do so as they will ensure that the structure is safe.
2. The resales value
Not homeowners have enough disposable income to spend on remodeling their homes, and if you are one of them, then your top priority might not be the remodeling of your basement. So, you need to think about the resale value and over-improvement. Over-improvement is when you invest more money in your home than you will receive back when you resell it.
The cost of remodeling your basement will primarily be based on how much work needs to be done on it. So, you need to be aware of this when you are remodeling your home. To make sure that you are doing the right things, then you might want to do your own research.
Look at the homes in your neighborhood that were recently sold. You can also get an appraisal for your home and look at whether remodeling your basement is a sound investment and will be worth it in the long run.
3. How to use the space
When you are thinking about remodeling your basement, you might want to think about what you will do with that space. There are a lot of things you can do done there; you need to ask yourself whether you are looking for practicality or aesthetics. To get the best out of your newly renovated space, then you ought to ask yourself the right question and what you will use that space for.
Be flexible when it comes to thinking about renovating and remodeling your basement. I renovated my basement into another living area, and it is my personal space to react. I have my own homemade theater done there, and I watch most of my moving there while enjoying a nice glass of wine.
If you are going to put a TV down there, ask yourself how often you are going to use that space. Personally, I binge watch most of my series in the basement with my partner, and the upstairs TV is something we barely use at this point.
Think about the future too; think of it as a future space that your family and friend will use and if you are furbishing it into another living area, then make sure that you have the appropriate furniture to have a nine and cozy living area. You might also want to have an HVAC system because it will be helpful for both the summer and winter.
Sound off in the comments section below and tell us your thoughts on remodeling your basement. In my book, it is a sound investment because it ups the resales value of your home if you are thinking of selling it.