Thinking, “Is finished basement a good investment?” Oh…. No more doubts, the answer is 100% true! Perfectly finished basement is one of the best ways to increase the overall resale worth of your property. When most people think of a finished basement, they think of the increased potential for storage and increase of its resale worth. But apart from these, the benefits of finished basement are enormous. You can also use a remodeled basement for the following:
– Living area featuring chairs, lamps, and tables
– Family area with a TV, couches, and room to play
– Office with computer hardware, desks, and shelves
– Theater with a large TV or projector and row seating
– Child’s playroom with toy boxes, carpeting, and bookshelves
– Gym area with workout equipment, stationary bikes, or treadmills
– Bedrooms with walls, doors, and bathrooms
Hidden benefits of basement can also provide unseen benefits to the foundation of your home. Remodeling your basement requires a strong foundation, free from mold, free from wear & tear etc. While doing basement remodeling, by making these home improvements or repairs can strengthen your home’s foundation and protect your investment.
Still confused whether to have basement remodeling or not? Here are some of the important reasons why basement finishing may be worth considering.
Can Add a Bedroom and Bathroom:
Finishing a basement can allow you to increase the size of the home. If you’re living in the home which has only two bedrooms, you may be able to add one or two additional bedrooms or living room by refinishing the basement space. Addition of rooms can add value to the property and help you appeal to a wider range of buyers.
Just as bedroom, basement can also allow you to add a bathroom. It can be a big draw to have a two bathroom home instead of a one bathroom home. While the initial cost may be greater when adding a bathroom, the functionality it offers to the homeowners may be an invaluable investment and therefore help you get the property sold quickly (if you’re looking to sell your home).
Way to Add More Space If Zoning Codes Don’t Allow Other Additions:
There may be certain zoning restrictions which prohibit you from making certain additions to the property. For instance, you may not be able to expand upwards either, especially if the home is already two storied. In such a case, basement finishing become very valuable and it allows you to add functional space to the home without interfering with any zoning restrictions and regulations.
Way to Make More Income:
Finishing a basement can allow you to add a rental unit and also greatly increase the cash flow of the property. This rental unit can appeal to prospective buyers who are looking to lighten the load of their mortgage.
Remodeling the basement will give your home more space without having to pay for home additions. Consult with your basement finishing contractor in Denver to see how you can save money and add valuable space to your home.
The author is an expert in home improvement efficiency and the basement finishing industry in Denver. He’s a blogger, dog lover and sports fan. For more details, visit http://www.vistaremodeling.com