Basements are usually the forgotten portions of a property that most people use to dump unwanted items. Basements in most modern homes are treated more like storerooms, when, in reality, they can be of great value if they’re kept organized and used correctly.
An unfinished basement may not be of any use to you, but if you remodel your basement, you will be amazed at what the end results can be. If you’re one of those people who are contemplating the pros and cons of opting for basement remodeling, you have come to the right place. We have listed down the reasons why basement remodeling should be high on your list of home renovation tasks.
1. Addition of New Floor
Basement space can be highly valuable if utilized the right way. If you opt for basement remodeling, you are literally adding a new floor to your property. You can use this additional floor for whatever purpose you like, be it a gaming zone, a theater, an art studio, or a few extra rooms.
2. Adds Value to Your Property
Who wouldn’t like a house that has extra space in excellent condition? Remodeling your basement adds value to your property. You are likely to sell your house at a much higher price than the houses in your neighborhood. This is one of the most common reasons why people opt for basement remodeling.
3. Return on Investment
Basement remodeling can be expensive, depending upon the style and extent of remodeling. This is the primary reason why people tend to leave their basement as is instead of choosing to beautify it. However, as mentioned earlier, a remodeled basement adds value to the property, which is why you should go for it.
It gives an excellent return on investment. According to a survey conducted in 2017, homeowners were able to recoup about 70% of the investment they made in getting their basements remodeled at the time of selling their homes.
4. Cleaner and Healthier
Basements are damp and moist, which makes them an ideal spot for mold and mildew. Mold and mildew are not just unpleasant to look at but also pose serious health risks. When you get your basement remodeled, you are not only treating the walls with fresh paint but also ensuring proper ventilation of the area. This reduces the chances of mold growth and hence, makes your house a healthier place to live.
5. Increased Appeal of the Property
A house with a fancy basement possesses a lot more appeal than those that have an old and dirty basement. A remodeled basement will appeal to your visitors. You can style your basement as per your interests and make it a spot where you can chill with your friends and family. You can make it more than just a storage space for things you don’t want.
Basement remodeling is an excellent idea as it increases the value and appeal of your property, brings unused space into great use, and makes your house more appealing.