A Basement Renovation Should Be Your Next Project

July 24, 2022

When you consider renovating your home, it’s easy to think about starting with the main floor. Despite this, there are several good reasons why a basement renovation should be your next project instead.

Basements are often underutilized spaces in homes—they’re mostly used as storage space or even makeshift bedrooms when extra space is needed. However, there’s no reason that can’t change! With a few simple adjustments, you can turn your basement into an area for relaxation, entertainment, and even working.

While the main floor of your home may be where the action happens, it doesn’t mean the basement should be left behind. With some thoughtful planning and attention to detail, you can turn this area into one of the most important rooms in your house. Don’t believe us? Just reach out to your top realtor in Victoria BC!

Why a Basement Renovation Should be your Next Project

 

Here are a few reasons your next home renovation project should be in your basement:

Increased Space

By renovating your basement, you’ll have more space for entertaining guests or relaxing after a long day at work. You can use one section of the basement as a guest room or a den, while another area can be turned into a playroom for children or an office for yourself. Alternatively, if you feel sporty, you can create your own gym or workout space.

 

Property Value

Basement renovations can add value to your home because they increase the livable square footage by turning an unused area into something useful again. So instead of being an old and damp space only good for storage, your basement will be another room of the house. That makes the whole house more attractive and welcoming to potential buyers or renters.

Did you know that basement renovations can increase your home’s value by up to 20%? When it’s the ideal time to sell your home, buyers are looking for spaces they can use as second living areas or guest rooms. If you have an unfinished basement, this is an easy way for potential buyers to get excited about the possibilities for their own homes.

 

Improved Home Health

Renovating your basement can increase the overall health of your home. How much that would be the case with your home depends on the specifics of your structure. Generally, though, a healthy basement means a healthy house, so it’s definitely worth looking into.

 

Cost Effectiveness

Basements are typically less expensive than other types of construction projects because they don’t require new walls or roofing. Typically, a basement renovation only requires minimal changes to existing structures. Additionally, basements are often already part of the original design of a home. Therefore, no structural changes need to be made before they can be used as living space.

 

If you’re ready to renovate your basement, it might be time to contact Brad Maclaren, the best realtor in Victoria BC, to discuss further. Looking for a new property? We have a great selection of fabulous home listings in and around Victoria.

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