A finished basement has a ton of advantages for any homeowner. However, many homeowners neglect to finish the space. The truth is, the perks are totally worth the time, money, and effort you put toward it.

Don’t let this perfectly good livingspace get left for just the laundry! It is time to start using it as part of your home. Let’s explore five reasons why homeowners should finish their basements.

A Finished Basement Ads Comfort

Unfinished basements are generally cold and damp. Alternatively, a finished basement feels more comfortable after employing contractors to install insulation.. Such insulation will help the space stay cool in the summer and warmer in the winter. Since a finished basement regulates temperatures, you are also much less likely to find mold, pests, and excess moisture in this area of your home. The air quality is also much better in a finished basement. PLUS, you will have the freedom to decorate your finished basement exactly to your taste. In turn, your basement will feel more like an additional room in your home rather than an unwelcoming lower level. Overall, your comfort is reason enough to tackle a basement renovation project.

It Saves You Money in The Long Run

A finished basement will save you money, period. Typically, because unfinished basements don’t have insulation, homeowners need to rely solely on an air conditioner or heater to adjust the basement’s temperature. But – when you finish your basement, your appliances won’t have to work as hard, ultimately saving you money on your energy bills. 

Above ground renovations often cost more than having a basement finished. Unlike a new room that contractors have to build from scratch, they don’t have to add to the exterior of the house. Instead, they are just reimagining a preexisting space.

Basements Can Be Additional Living Spaces

A finished basement allows you to better accommodate your family and friends when they need a place to stay. You can transform either a portion of your basement or the entire lower level into the ultimate guest suite. Imagine a private, spacious environment that features a bedroom, bathroom, kitchen, and sitting area—your guests are going to love it! When your crew know that you have a separate space waiting for them, they are certain to visit your home more often. If you’d like, and if you have the amenities, you can even rent out your basement. This easily offsets renovation costs. Once you pay off this project, you can put rent money toward mortgage payments or other expenses.

It Adds Value to Your Home

Although a home improvement project can be expensive, it is worth the initial cost in the long run. In fact, HomeAdvisor mentions that “the average basement remodel project can have up to a 70% return on investment.” Simply put, if you plan to put your home on the market, and you have a finished basement, it will look more attractive to prospective buyers. This is because the buyer won’t have to worry about renovating the basement since you already put in the work. A finished basement also helps to modernize an older home; contractors can add new features to it, drawing in more interest. Trust that you will make up the money you spend on finishing your basement! Your property’s resale value will likely skyrocket. To buyers, a finished basement can be just as enticing as an updated bathroom or kitchen. 

The Possibilities Are Endless

When you finish your basement, you have the freedom to use this space for whatever you want. For instance, you can dedicate the entire floor to storage; a place to put aside family keepsakes, old furniture, seasonal decorations, and or miscellaneous belongings. Especially if you have a large family, a basement is essential for all the items you will collect over the years. This way, you won’t have to crowd the rooms you are using upstairs—you can neatly organize everything in one place.

If your family room isn’t large enough to host parties, how about you use your basement as an entertainment hub? A finished basement is an ideal location for a kids’ playroom, an at-home movie theater, a home bar, and other exciting options. Some homeowners finish their basement and turn it into a quiet office—a peaceful retreat away from the commotion happening upstairs. Others finish their basements to create their own convenient home gyms. After all, once it’s finished, this space can effortlessly house a variety of equipment. As you can see, the possibilities are practically endless! No matter what you want to do with your finished basement, you can relax knowing you are putting this space to good use.

Keeping Your Finished Basement Dry

Make your basement finishing project a high priority on your to-do list. Once you decide to give your basement a new life, you will need to shield it from the outside elements to ensure it lasts. For long-lasting beauty and protection against water issues, call Toledo Basement Repair. We offer basement waterproofing in the Toledo, Ohio area. Our licensed and insured staff will make sure your basement stays dry. From foundation crack repair to custom egress window installation, we provide a host of services to effectively protect up your home; keeping it dry and mold free. Our experts take pride in their work and do everything in their power to make sure your experience exceeds  expectations. Our team will arrive on time, expertly fix the issues at hand, and clean up after they are done. Want to book reputable basement waterproofing service? Then contact us today to set up an appointment!

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I'm getting water in my basement.There are cracks in my basement walls.My basement walls are bowing.I have a damp crawl space.I am having sump pump problems.Other (please describe).