Renovating a basement can add tremendous value to your home. Whether you are creating an income suite, or renovating to create additional living space, renovating your basement will give you a positive return on investment when you decide to sell your home. If you are considering renovating your basement, here are some useful tips to help you get started:
Plan Your Space
Know what you need and/or want, and why. Are you wanting to sell soon? Create an income suite. Do you need more living space? Create a rec room or a den with an office. Do you want something fun, a place to relax and enjoy? Create a bar, gym or home theatre. Make sure you have a plan before creating your space, otherwise you may end up over budget and out of time.
Don’t Forget About Lighting
Basements are often dim, dark spaces, and when doing renovations home owners often forget about lighting. Recessed lighting is one of the most popular and effective types of lighting for basement renovations. While recessed lighting will brighten up a room without taking up valuable floor space, they may also require more space for installation above the finished ceiling. Ask your contractor to ensure there is enough height above the ceiling to install the fixture. If the ceilings are too low or if there is not enough space, modern style wall sconces are a good option, as well as tall floor lamps.
Create Built-In Storage
When done right, built-in storage can save space, improve function in the room, and add character. Built-in shelving, closets, drawers in the stairs and closets underneath the stairs can all add to improved storage space in the basement. If you’re stuck for ideas, ask your contractor for help! Extra storage space will also help increase your home’s value when you decide to sell.
Walk-outs are essential when building an income suite, and will also increase the equity in the home. Unfortunately they can be complicated to install and fairly expensive, and often require permits, excavation, and other complex procedures.
Choose Your Materials Wisely
Decide if you need or can afford a luxurious basement renovation or if you have a strict budget. This will help you decide on what materials you want and can afford. Decide if you want hardwood floors, laminate or carpet. Do you want high end trim and moulding or plain and simple? Granite, quartz or laminate countertops? There are so many different types of materials to choose from, therefore it is important to determine your budget before hand and have good communication with your contractor.
When it comes to renovating your basement, make sure you hire a specialist. At Jedan Brothers Contracting we specialize in basement renovations, and will create a beautiful, well-functioning space for you while staying on time and budget. For a free estimate, call us today at 604-968-3076.