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Finishing your Basement Can be Very Rewarding

By: Mark J. Donovan

  

Transforming your home's basement into a finished space can prove to be very rewarding. Frequently the additional living space is used for a variety of entertainment functions including: Recreation Rooms, Bars, Gyms, Billiard Rooms, Home Theatres and Family Rooms.  In addition, Bedrooms and Bathrooms are also incorporated into the floor space.  Typically the square foot cost of finishing a basement is significantly lower than other floors within the home.

Planning is critical before starting a Finished Basement project. From a financial standpoint, first determine how big your budget is and how you will finance the project. Will a mortgage be required or can you refinance or obtain a home equity loan?
 

  Finished Basement Image
From the project standpoint, carefully consider what you want to use the space for. As part of this consideration, consider ceiling heights, existing pipes, Oil Tanks, and Heating and Water systems. Also consider lighting.  To make a Finished Basement cozy, warm and comfortable, the number and kinds of lights to install is key.  In addition, consider natural lighting.  Can additional windows be installed and will they be appropriate for the finished space?

 

Installing a Bathroom in a basement can be a challenge, particularly if a pump-up system is required.  It is important you meet with a plumber before you start any work, as they will have many questions and requirements for your bathroom. Potentially the most onerous aspect of installing a Bathroom may be the removal of some of the cement flooring.  This is a very dusty and messy job!

Also consider heating.  Does your existing furnace have the capacity to support the additional space?  If not, you will need to consider putting in a bigger system or creating a secondary heating system.

Find a Qualified Basement Remodeling Contractor in Your Area

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For the home improvement or home remodeling project that is too big for you, check out our partner NeedContractor. They are a national resource for finding pre-screened, insured, and licensed home improvement and remodeling contractors in your local area.

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Finally, and probably the most important aspect to consider, is dealing with moisture. A finished basement will quickly loose its charm if water problems create mold and mildew. Basement floors and walls should be sealed and insulated to reduce moisture content in the basement. Even with these precautions, a dehumidifier may be required.

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How to Hire the Right Home Building Contractor - Know what questions to Ask!

  • New Home Construction Bid Sheet - Planning to build your dream home and want to be your own General Contractor or looking to hire one? Do you know what questions to ask to ensure your hiring the right contractor for your project? The New Home Construction Bid Sheet from HomeAdditionPlus.com provides an extensive contractor questionnaire, to help you ask the right questions to potential contractors, thus ensuring you get the home completed properly and on time and budget. In addition, it provides estimated home building costs and time intervals for each phase of the home building project, as well as extensive advice for the homeowner.

How to Finance your Home Remodeling Project -  can help provide funds for your new home improvement project if financing is required.

Related Basement Remodeling Information 

 


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Fill out our 3-5 minute quick and easy form, and receive a free price quote on basement remodeling from one of our prescreened and licensed basement remodeling contractors. This process is free and there is no obligation to continue once you receive your basement remodeling price estimate.

 

 

- Finishing Your Basement Can be Very Rewarding -

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