In today’s slumping economy and current real estate bust, more homeowners are opting to stay put and upgrade their current home rather than buying a better or bigger home.
Typical upgrades to make your home more livable are room additions or remodeling outdated space. But, many homes have unfinished basements that offer a plethora of opportunities. If you’re sitting on top of such unused space you’re sitting on a potential gold mine that could pay you back a handsome return on your investment when the time comes to sell your home.
What could you possibly use your basement for? How about a home entertainment room with surround sound (the neighbors won’t hear the speakers when you’re down under) or a gym or game room for that pool table you had to have. The various ways you can utilize the basement are endless.
The cost to finish a basement is less than a room addition because the space is already structurally done, no need for a foundation or a new roof. You may need to make some changes to your home’s electrical, heating, or plumbing, but other than that, your costs will include new carpeting, new ceiling, drywall, lighting fixtures, a finished door, some paint, and baseboard.
If the job is done right finishing a basement is the quickest and simplest way to achieve more livable space, not to mention the most cost effective. All CalFinder contractors are certified, pre-screened, and highly skilled. You can use this form to receive free, no obligation estimates.
Whether it’s replacing a window, refacing a fireplace, or installing paving stones, you need to know about pricing, timing, and your options. CalFinder has written articles on the various home topics.