In today’s economy, many homeowners who are craving a change would rather remodel than sell their homes. After all, buying a new home is a major financial commitment, and there’s no guarantee the old one will sell anytime soon.
Luckily, there’s one remodeling project that can pack an old home full of new life: let’s discuss basement finishing, five surprising benefits.
Partnering with VCG construction to turn a messy, cold basement into an amazing finished space offers incredible benefits for any homeowner. We all know that basement finishing means creating more living space, but here are a few other reasons it’s a great choice of remodeling project:
Endless Possibilities — Maybe you inherited your home’s current setup, and you always wish it had come with an office. Finishing your basement is your chance to create one! Popular transformations include turning the basement into a living/family area (think couches, tables, and lamps), a child’s playroom, a gym area, a bedroom suite, or a home theater. What kind of space can you dream up?
Home Value Boost — Big families seeking homes on the “Main Line” as well as other Philadelphia suburbs go nuts over finished basements. The reasons are obvious: It’s a large space that can serve as a playroom when the kids are young, before turning into a hangout spot when the kids are in their teens. Because of the desirability of this space, you can bet basement finishing will boost your home’s value. Some homeowners have seen a return on investment of more than 150 percent upon resale.
Source of Income — Need another reason to transform your basement into a finished bedroom suite? One huge benefit is that you can rent it out as a basement apartment. The income you gain from a renter can then go toward the mortgage payment, and once the mortgage is paid off, it’s money in your pocket for as long as you own the house.
The Most Comfortable Spot in the House — People tend to think of basements as dank and dark, but a finished basement with properly installed insulation is often the warmest part of the home in winter and the coolest in summer. It’s not uncommon for people to report that they enjoy lounging in their finished basement more than anywhere else in the house.
Hello, Organization — Make you a bet your unfinished basement is full of clutter, from random cardboard boxes to furniture you should have tossed in the ’80s. When we tackle your basement finishing renovation, we can outfit it with everything you need to get completely organized: storage spaces, shelving, and more. What a relief it will be not having to rummage through a dusty, cobwebby basement when you want to get something out of storage.
What are you waiting for? You could be consulting with V.C.G. Construction (the Very Cool Guys of home remodeling) about the project of your dreams. Call us for a free consultation: 1-800-936-7824!
It’s helpful how you point out that doing a basement remodel will give you an extra room without having to add an addition to your home. I want to have a room in my house to set up a pool table and a TV, and I think my basement would make the perfect space for it. I’m going to look for a good company that does basement remodeling in my area.
I never knew that a basement finishing will boost your home’s value. My husband and I moved to our new house, and we are looking for advice to give usage to our basement, and we are looking for advice. I will let him know about the benefits of a basement finishing to improve our home’s value.
It’s awesome that a finished basement could increase the value of your house. My brother has been thinking of selling his house. I will recommend him finishing the basement so the value of his property will boost.