Things to know about basement remodeling

Thinking of remodeling your basement? That could be a very good idea. A finished basement can be of great benefit to you in more ways than one. However, before you get started on the project, you should learn more about basement remodeling, so you know what you’re getting into. This article will teach you the things you need to know about remodeling your basement so you can make an informed decision.

What Can Remodeling Your Basement Do for You?

There are several advantages to remodeling your basement:

  • Remodeling your basement can add tens of thousands of dollars to the value of your house.

  • If your house doesn’t have a lot of outdoor space, remodeling your basement is an easy way to get more entertainment space, even a home theater.

  • If you have frequent guests, a remodeled basement can give you space for an extra bedroom.

  • If your family is expanding, you can turn unusable basement space into extra living space.

The Basement Remodel Cost Can Vary

The cost of a basement remodel varies a lot, depending on the size of the basement, its condition, and the extent of the remodeling. The total cost can range from a little under $5,000 on the low end to as much as $100,000 on the high end. Larger basements cost more, of course. It also depends in part on the home decor you use, the electrical work needed, and the plumbing work needed. Getting cost estimates before you start is a good idea.

 

Get a Structural Analysis of Your House

Before you do a basement renovation project, you should get a structural analysis of your house done. It will make sure that any walls you plan to remove or alter can safely be removed or altered, and check that there are no structural flaws that could cause moisture issues.

You May Have to Deal with Flooding Issues

You may not notice periodic flooding issues in an unfinished basement if it only happens a little when it rains or when the water table is high. However, you will certainly notice them in a finished basement. You’ll pay for them, too. Even if you don’t think you have flooding issues, you might end up with them if you’re extending a partial basement or turning a crawl space into a full basement. Get an expert assessment of flood risks before you remodel. You may need to get a French drain installed to ensure proper drainage.

Learn the Local Regulations

Your town may have building codes for remodeling. You will almost certainly need to pay some permit fees. Make sure you learn everything about the relevant local regulations before you get started.

Town-requirements

Energy Costs Can Increase

If you turn a bunch of unused space into a fully finished basement, it will cost more to heat and cool the extra space. You can lower the costs by using a basement room as extra storage space.

Plan Ahead

You might be thinking of the remodeling in vague terms, such as about how much extra usable space it can give you, or how much value it will add to your home. However, you should plan it all out in detail in advance. How many rooms will you need? What will they each be used for? The uses you intend to put the basement to should determine the form the remodeling takes. If you want a wet bar, for example, you’ll need enough space for it. If multiple people are going to use it at once, you’ll need plenty of electrical outlets. If you want natural light, you need to plan for windows.

One possibility you should consider is an extra bathroom or half bath. It can make life easier for everyone in a big house, or when guests come to stay. It can add a lot of value to your home. If you want an extra bathroom, make sure you check that the water supply and existing plumbing are up to the job.

basement plan

Basement Remodeling on a Budget

If you want a finished basement but are concerned about work and material costs you can try the budget approach, to save money. Lower the cost to finish by skipping the big things like adding walls. Installing drywall over unfinished basement walls is cheap can do a lot to improve the appearance of unfinished space. Simply painting the walls and ceiling really helps, too. Some cheap basement flooring can make a world of difference.

The Takeaway

A full basement remodel can work out well for you, as long as you know what you’re getting into and take the time to plan everything n advance. You may even add as much or more to your house in resale value as you spend on the remodel.