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Types of Remodels
There are a variety of ways to remodel a basement area, depending on the needs and budget of the homeowner. These remodels can be simple things that homeowners can do on their own part time. They may also be more extreme in nature, and require a contractor to complete the majority of work. In many scenarios, the remodel can be as simple as finishing the basement. A large number of houses in the US, especially those built prior to 1970, have unfinished basements. This room or area is typically used for storage, or as a laundry room, because the room is not fit for human inhabitation. The floors are usually cement or concrete, while the walls may be little more than unpainted dry walls. The room may also be prone to leaking, water damage, and infestation from bugs and vermin. When it comes time to purchase a home, many potential buyers are turned off by houses with unfinished basements. The homes that have finished basements can sell for thousands of dollars more than a similar house in the same neighborhood with an unfinished basement. Small basement remodels include painting the walls, laying flooring, and adding new stairs. Examples of larger basement remodels include finishing the basement, or turning it into an additional bedroom.
Increasing Value
There are two things that homeowners look for when buying a house: an updated kitchen, and updated bathrooms. Obviously, adding a kitchen into the basement isn’t usually a viable option, but even an updated basement can increase the value of a home. As discussed in the previous section, a finished basement is an easy way to add value to a home. A completely finished basement may cost up to $10,000, or even more, but homeowners can easily recoup this expense when selling their home. Those that already have a finished basement may find it helpful to update the existing colors and features of the room. Simply laying new flooring, or painting the walls, can be a boost to the home’s value. Some have added value to their home by installing hardwood floors, or laminate flooring that resembles hardwood. Another easy solution that can add value to the home is by removing any wood paneling, or dated wall coverings, and painting the walls a neutral color. Wainscoting can also be used, to add a touch of elegance and sophistication to the room. Basement remodels can add thousands of dollars and more to the value of the home, depending on the changes done.
Best Improvements for Value
It was mentioned above that the two things that add the most value to a home are updated bathrooms and kitchens. While it is typically not feasible to add a kitchen into a basement area, it is possible to add a second or third bathroom into the house. The bathroom may be a half bath with only a toilet and sink, or a full bath with a toilet, sink, and bathtub or shower. Many homeowners are also beginning to turn their basement into a full size master suite. The largest portion of the room will be the bedroom, while another area will hold the bathroom. Since the space is so big, the homeowner can create the bathroom of their dreams with a Jacuzzi bathtub or whirlpool bath. Others use their basement as a large guest suite, similar to a small guesthouse, or use the space as a studio apartment. Studio apartments require a separate exterior entrance, and a kitchenette, but can add thousands to the value of the home, depending on the area. Smaller basement renovations that can add to a home’s value include replacing the doors, adding new windows, and changing the floors. It may also be helpful to create a game room in the basement, or update the lighting. Many homeowners have found it valuable to turn a small portion of the basement into a full service laundry room.
Products to Help
When it comes to remodeling a basement, or finishing a basement, there are a number of tools, supplies, and products that can help make the process easier. Those that plan on using a contractor, or series of subcontractors, can expect the professional to provide many of the tools, as well as the supplies and products. The professional may be able to find cheaper supplies, or receive discounts from local companies. Those that want to do the work themselves will need to buy or rent tools from places in their area. The Home Depot is one place that rents tools. Homeowners can visit their website at http://www.homedepot.com for a full list of locations where rentals are available. The Home Depot, Lowe’s, and other home improvement stores are also an excellent place to find everything needed for a basement remodel. This includes nails, wallpaper, paint, and flooring.
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Getting the Most for Your Money
