There are home remodeling projects that are both useful in providing you with improvements as well as raising the value of your home. Finishing a basement might not sound like it would fit the bill as an essential upgrade because most homeowners consider basement remodeling to be a luxury. However, if you’re looking to increase your home’s value, basements offer considerable returns on your investment.
The Value of Finished Basements
Basement finishing ranks among the top five remodeling projects in terms of value. Both Remodeling Magazine and HomeAdvisor® tout this project to net homeowners up to a 70% return on investment (ROI) depending on what features you choose to include.
- Remodeling a basement is a little bit different from remodeling any other room in your home. For one thing, the space is usually underground so humidity and moisture levels are a serious problem. For this reason, our experts recommend using hard floor materials like polished concrete or tiles. Hardwood floors look great and cost a lot to install, but they are more vulnerable to warping in a basement.
- Lighting is also an equally important aspect of remodeling a basement. Being underground, natural light comes at a premium for this part of your home. Consider using a recessed lighting in combination with an exposed ceiling to make the space appear larger than it actually is.
- Lastly, the basement could double as an “in-law suite.” An extra bedroom is perhaps one of the best ways to maximize the value of your finished basement.
At Bay Valley Contractors, we are your leading provider of interior renovations, exterior remodeling and home addition services. Give us a call at (925) 705-7889, or fill out our contact form to schedule a consultation and request a free estimate on your remodeling project today.