The Benefits of Basement Remodeling
In these turbulent economic times, it may be tempting to hold off on home improvements. But it actually makes a lot of sense to make the most of your existing space now. With a glut of foreclosures and bank-owned properties on the market, the best way to compete is to make your space more livable and appealing. Also, labor and supply costs are at historic lows, so you get more bang for your buck by remodeling now.
One of the best ways to add value to your home, without increasing your footprint or your roofline, is through basement renovation.
Going Under Puts You on Top
The housing market is fairly stagnant these days, which is why many people are looking below ground to stretch out. With the majority of remodeling projects fetching 70-80 cents on the dollar - sometimes more, depending on the market, the home, and the deal you get with your contractors - it's a good time to invest in your home.
The best part is that basements are such versatile spaces; you can turn yours into a wine cellar, a game room, an additional living room or den space, an office, a bedroom, or even a home theater. And below-ground rooms often require less insulation, because they're generally below the frost line.
As with any remodeling project, there are a few things you should keep in mind. Because moisture tends to accumulate in basements, consider a drywall alternative that hinders mold growth. Leave about two inches between wall studs and concrete walls, to allow air to circulate behind finished walls. Wood should be treated to prevent rot, and downspouts and dirt should be directed away from the foundation of your home.
Explore this site for more basement remodeling ideas.
