Basements can be used for more than just storage and washing. Today, basements are being transformed into everything from guest quarters to offices, rentable garden flats, and high-end hangout places by families. And when they do, they get a lot of value for their money.
Many homeowners do not have enough spare money to invest in remodelling. If you’re one of them, you should be cautious about over-improving your property. What exactly does that imply? Over-improvement occurs when you spend more money on your home than you will be able to recoup when you sell it.
The amount of work required will determine the cost of your basement being redesigned. You’ll need to look at your financing choices, comparable homes in your neighbourhood (especially those that have recently sold with completed or refurbished basements), and a recent appraisal of your own home to figure out how much it makes sense to spend.
Established properties aren’t the only ones in need of a little TLC. Even newer constructions can have structural flaws that need to be addressed right away. And the signs of the times may often be seen from the inside (and outside) of your basement.
Examine every inch of your basement before beginning a remodelling job. Remember, you’re looking at the foundation of your home, not just a new living space waiting to be created. Cracks in the walls and flooring, dripping water and gradual leaks, sagging ceilings, and suspect plumbing or electrical concerns are all things to look for. Most issues can be resolved, but you’ll need a skilled contractor and possibly a structural engineer to determine a safe, long-term, cost-effective solution.
Plan for things to go wrong while you’re rebuilding your basement, both during the process and in the years to come. Set aside a portion of your money for unexpected repairs, and buy fixtures that can endure damage. When you’re cleaning up, mould-proof paint, waterproof flooring, and slip-covered furniture might make things a little easier (and less expensive).
Let’s be honest about it. You’ll have to cope with moisture if your basement is at least partially below ground level.
Wetness seeps up from the ground and flows through the porous concrete in most basements because they are built on a concrete slab that rests directly on earth. This can result in anything from mild air humidity to inch-deep pools. Water can leak in through basement walls, which are often built of concrete blocks. Also, if you have a break in your wall or a faulty seal around an outside window or door, you could have a problem!
Rethinking the drainage system on the outside of your property is an easy way to eliminate mystery water problems in a subgrade location. Runoff water directed toward your home’s foundation, or rainwater pooling around your property because there’s nowhere else for it to go, causes many leaks. Installing French drains is a great technique to divert water away from your basement and prevent leaks.
Even for a simple basement remodel, many localities have construction codes that must be followed. While you may have a vision for the ideal mother-in-law suite or party room, city regulations or economic constraints may prevent you from getting what you desire.
Also, you may or may not be able to design a full kitchen, and the types of appliances you may use could be limited. The codes will also describe the types of exits you’ll need in your finished basement, including emergency exits.
There may be additional criteria thrown on if the purpose of your basement remodel is to establish a rentable living space. Separate thermostats, electric panels, and water meters are all required by building codes.
For many basements, ceiling height is a make-or-break factor. Basement ceilings must be at least seven feet tall, according to the International Residential Code. You should also check your local building code to see if there are any further height restrictions.
There are techniques to raise a basement ceiling, but they will cost you a lot of money. You may be able to:
- Reroute any ductwork that may be obstructing your intended living space.
- Existing structural beams should be raised or replaced.
- Remove the old floor and lower it.
Your basement could be used for a variety of purposes. However, there is frequently a distinction between what might look beautiful in a room and its primary function.
Be adaptable. Outfitting your basement for a single, specific reason will almost certainly backfire, leaving you right where you started. Consider this reality for a moment. How often are you going to use your movie theatre? Even if the response is “every weekend,” a row of black recliners and a wall-sized projection screen might not be the greatest option. For game evenings, extra guests or a double-feature, a more traditional living space with comfortable chairs, a big-screen TV, and blackout shades will do.
For more information on what you should know before renovating your basement, contact Cabneato Newmarket at (705) 435-8302 today.