Unlike other projects that add more space to your home, basement remodeling can be a cost effective way to add a bedroom, home office, playroom, exercise room, wine cellar, bar, home theater, craft room etc...
Ten Reasons why basement remodeling is a good project to consider...
1. Adding square footage to your home from a basement remodel is much cheaper then constructing an addition. Since there is no foundation work, siding and or roofing work etc the cost per sqft to construct a basement remodel is 25-40% cheaper.
2. Since your basement is partially under ground and has living space above it, heating and cooing the space is very inexpensive.
3. Basement remodeling projects take about 40% less time to construct as compared to an addition.
4. You can create dedicated spaces for entertainment, exercise, work, crafts or create a multi use space.
5. You can choose from a variety of flooring options and yes you can install wood floor.
6. If you have a water problem you can fix it prior to starting the basement remodeling project. Even with the costs associated with repairs it still may be cheaper then an addition.
7. You can add another bathroom especially if you add a bedroom. Typically all the pipes needed are located in the basement which makes adding a bathroom possible. Of course there are situations where pumps are needed etc but its all possible depending on the design.
8. You can explore different themes that you may not be able to do on the main living floors of your home. For example" 50's diner, Tuscan wine cellar, sports bar, western, southern, kid oriented themes, jungle, underwater, clouds, mickey mouse etc...
9. You can add a workshop and or additional storage access with the installation of a bilco door.
10. Can stage the construction so that you can remodel the basment as your needs change or your budget allows.