The value of a basement will vary by area, but all basements are usually appreciated for providing a home with extra space either for living or for storage purposes. While having a basement is an absolute must for some houses, for others, they are just thought of as a nice plus. The following lines are going to be on why you should go for basement conversions when it comes to home extensionprojects.

The Cheapest Home Improvement Option

According to most homeowners and building contractors, there is no cheaper home extension option which is designed to increase livable space. Adding a room in a home, no matter what the size, requires a foundation, a roof, and four walls. On the other hand, with the basic structure of a basement already in place, converting it to function as an additional room isn’t that expensive. Besides that, converting your basement also offers the best value per square foot in comparison to other home renovation projects. The first option for you to consider is the element of below ground water prooding which generally requires some form of basement tanking first, prior to the conversion process.

Gives You a Comfy Hangout

Not all benefits of converting a basement are done for practical purposes. Sometimes, homeowners just want to convert their basement into a place where they can relax and just hang out. A basement is easily heated and cooled with under floor heating or air conditioning systems, making it one of the most comfortable living spaces in the entire house. Basement conversions, done right by using sound dampening properties along with natural insulation, can transform your basement into one of the most pleasant places in your home.

Increases Resale Value

As a rule of thumb, homeowners should never carry out a remodelling project in their homes for the sole purpose of increasing its resale value. That’s because no home remodelling project will get you a 100% return on your investment during resale. That being said, home extension projects such asbasement tanking or basement conversions, which help increase living space, do in fact make a home look more attractive to prospective buyers, which means that they are able to get a better price for their home during resale.

More Space

Having another room in your home certainly gives you a lot more elbowroom, but not as much as getting a basement conversion. That’s because, on average, a basement is usually a large area, which means converting it can increase living space by a third.

Bottom Line

Whatever goals you want your basement for, the fact that a basement conversion is ranked amongst the smartest home renovation options is reason enough to get it done, both to improve the space and add to the value of your property.

We hope this information was helpful.

The Diligent team.

Your Local Building Contractors for all your Property Needs.

We’re often challenged, but never beaten!

Other useful articles.

* Basement Conversion Advice Vol. 6