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    2022
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Top 5 Advantages of a Basement Renovation

Top 5 Advantages of a Basement Renovation

An unfinished basement is a popular home improvement project. If you’re considering adding livable space to your property or looking for ways to increase its value to attract buyers, basement renovation checks both boxes.

Basement remodeling is a serious investment, and that’s why you should consider hiring a basement finishing service that excels in all aspects of finishing.

Why Should You Consider Finishing Your Basement?

If you’re debating whether or not you should finish your basement, here are the top five advantages of having a finished basement in your home:

1. Versatile Space

There are endless possibilities of renovating a basement and using it as a finished space. A guest bedroom, a spare bathroom, or a laundry room. You think of it, and you will get the desired transformation. It can also be used as:

  • Living Room/Den
  • Home gym
  • Crafting room
  • Wine cellar/home bar
  • Home office
  • Personal library
  • Storage Room

Whatever option you select, a finished basement can be a perfect way to not only add usable space to your home but simultaneously increase its size too.

2. Improved Energy Efficiency

Lack of insulation and drywall in the unfinished basements translates to high energy bills. A finished basement means the temperature remains consistent, and you don’t have to spend extra to reduce the energy consumption for heating or cooling your home. A finished basement goes a long way to making your home energy-efficient.

3. Extra Income

If used as a rental unit, a finished basement can be a great way to generate some side income. Depending upon the total area, a basement can be converted into a bedroom with an attached bath and even a tiny kitchen.

4. Sound Investment

A finished basement adds value to your property by bringing about an automatic increase in the return on investment. –  It will give you approximately 70 to 75% return on your investment.

The added living space is an unexpected bonus for buyers, and more often than not, a finished basement can be the push they need for going through with the purchase. If your plans involve selling your property in the future, you should seriously consider this option.

5. Storage

One of the classic uses of basements is storage and organization. If you want to keep your main living area tidy and clutter-free, you can install cabinets or shelves in your basement to store the out-of-season clothes, shoes, tools, decoration items, exercise equipment, and other junk.

Not only will it give you easy access to your stuff, but you’ll also to able to maintain a clean house upstairs.

Last Thoughts

From adding another bedroom to making a home gym, everyone has their own reasons for starting a basement renovation project. Whatever reason may compel you to trod down this path, make sure you trust the best basement finishing service in Utah with your home. Do you have a finished basement at your place, or are you planning to renovate it soon? Let us know in the comments below.

 

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