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You have been repeatedly told that finishing the basement of your home is a cost effective way of obtaining additional floor space. Since the basement is at a different level from your main living area you can finish it to gain a quiet and peaceful place to use as your home office, sport’s room, home theater, or living area. Alternatively, you can finish your basement to be used as a children’s play room or music room and ensure peace and order in the rest of your home. While the possibilities are endless, you naturally want to know how much the basement finishing project will cost.
Like any construction project the cost of finishing the basement of your home depends on various factors. Some of them are:
Size of the basement
Number of rooms needed
Need for egress windows
Appliances that will be used in the finished basement
Electrical work needed
Number of support pillars that are present
Amount of trim and molding desired
Number of windows
Some of these factors can be decided only after the design of the basement is finalized. Many home owners choose to finish only a part of the basement and retain the rest as storage space. This will require a door to access the storage space with ease. You do not want your guests seeing a pile of stuff, your stuff, when they are watching TV or playing some pool in your basement. It does not matter how nice you fix up the basement if half of it is filled by items collecting dust.
Other Factors Affecting the Cost
Apart from the costs mentioned above, many people decide to add a bathroom to their basement to minimize the number of trips upstairs. A dehumidifier too might be essential to keep the finished basement, dry and usable. These additions naturally will add to the cost of your basement finishing project. However, the extra costs will add to the comfort level of the basement room and increase the value of your home.
Homeowners planning to remodel the basement of their home will have to spend less than those wanting a complete basement finishing job done. When undertaking a remodeling project, the contractor will be able to utilize some of the existing tiles and other basement finishing products. For instance the floor and roof tiles might be retained. Also, if the existing windows have energy efficient panes, there is no need to replace them. This means that you have to only pay for the extra light fixtures and the cost of labor for their installation. By investing only a small sum, you will be able to convert the unused playroom into a home theater or home office.
Safety of Finished Basements
When it comes to a basement finishing project your imagination is the only limiting factor. The superior specialized basement finishing products available can convert even the most unpromising of basements – one that is dark and damp and has many support pillars and uneven walls into a warm, cheerful, and inviting room that can be safely used by all members of your family.
- Get as many recommendations as you can on the contractor you plan to use. Don’t be shy about calling references that are provided. You absolutely must trust this person as he/she will be in and out of your home for days.
- Know what home renovations you want ahead of time. Otherwise, you might find yourself being steered toward spending a lot more money than you ever intended.
- Make it known up front that you do not want people smoking in your home.
- Get every little detail of the home renovation in writing from the contractor up front, before you sign on the dotted line. This will save you time, save your credit card, and ultimately make the renovation go a lot more smoothly.
- If you don’t like one of the workers on the job, talk to the head contractor about it.
- Make sure you have enough paint leftover for touch-ups and document the type of paint used in each room. You may remember the paint color 5 years down the road, but you may not remember if you used eggshell, flat, semi-gloss, etc.
- Make sure the contractor cleans up the mess every single day. You don’t want all that dust circulating through your heating and cooling system, which leads me to my next tip…
- Change your air filters during and after your home renovation if you are having any drywall work done. You wouldn’t believe the amount of drywall dust you will find in your filters during a renovation. You can do real damage to the HVAC system if you do not keep the air moving well with nice, clean filters.
- Be prepared to make a lot of decisions, right down to cabinet handles and knobs.
- DO NOT MAKE THE FINAL PAYMENT UNTIL EVERY LAST THING IS COMPLETE.
Great looking floors are a strong feature of any home. It often makes all the difference. This upgrade can generate a 22% better return on investment than the average.
Start by ripping out that dated wall-to-wall carpet. Then, sand your existing floors down and refinish them, or choose one of the many easy-to-install and affordable laminates now available. A darker stain gives an elegant, yet up to date look. Use area rugs to accent and ground the space
Ever wonder why “kitchen parties” naturally occur every time you have guests?
Well, it’s because the kitchen is the hub of every home. It’s where we get nourishment, refreshment, gather and regroup after a busy day. It is a room with real value for every family. Kitchen upgrades can really deliver, with a 44% higher return on investment over the average return on other popular renovations you might consider.
Whether you’re working with a contemporary kitchen or more of a country feel, stainless steel appliances continue to hold a lot of interest. In cabinetry, look at fine-grained maple, stained or natural, over the traditional heavy oak look of the past. Laminates and marble are great choices for countertops, but granite continues to be the most popular surface of all. Check out the latest fixtures in today’s new, brushed nickel finishes.