Turning your basement into finished space will not only increase your living area, but potentially increase the resale value of your home as well. In fact, the average remodel costs $65,442, according to a report from Remodeling magazine. At the same time, it gives you a 72.8 percent return on your investment, making it one of the smartest moves you can make. Just consider all of the aspects of the project before you begin.

Finished Basement remodel by Indiana Residential
Finished Basement remodel by Indiana Residential

Dealing with Drainage and Moisture

One of the major issues with basements is their high level of moisture. Many times, they allow water in, which must be dealt with prior to finishing the area. A sump pump can remove water to keep it from damaging a finished floor. Another option is a moisture barrier, which prevents water from seeping into the space after rainfall.

Don’t forget to check the foundation and make sure it’s secure and sound. A cracked foundation can be the source of your moisture, which will often get worse. Indiana Residential provides services to help you create a safe and dry space for your finished basement. Contact professionals before you begin remodeling for advice on the best way to waterproof your basement.

Consider Electrical and Plumbing

Depending on how you use your finished basement, you’ll need to add electrical throughout the space. You’ll definitely need more outlets for lighting, but you’ll want to consider what else you’ll need electricity for in the space. A large-screen TV, surround sound stereo system or kitchen appliances will require special electrical considerations.

Plumbing will be essential if you add a bathroom or even a sink in the basement. If you plan to add any of these features in the future, you’ll want to plumb for it now before drywall goes up. Setting up electricity and plumbing prior to putting in walls makes the process less expensive.

Insulation and Heating/Cooling

While a basement is naturally warmer in the winter and cooler in the summer, you’ll still need to consider your insulation needs. You want this space to be efficient, so make sure you insulate well with a high R-rating.

You’ll also have to think about how you will heat and cool the space. The best way to enhance your finished basement is by adding on to the current central heating and cooling system. While you could set up window air conditioners or a separate heating system, it will lessen the value of what you’re doing. Buyers want a seamless transition to the basement, which includes heating and cooling it.

Lighting

A basement is often seen as a dark, dreary place. No matter how nice the fixtures or finishings, no one will want to spend time here if it isn’t well-lit. When planning out your basement, look at your lighting needs. Consider how many windows you have and their location. Look for spaces that will be dark once walls are up, and install plenty of lighting.

Recessed lights can provide subtle lighting without being too intrusive, especially if you’re using the area to watch movies or games. Most likely, you’ll need more lights than you would in an upstairs space.

Finishing your basement is an ideal way to add living space for you and your family, and a way to increase the value in the property when it’s time to sell. Just make sure you think out your plan to refinish and enlist the help of professionals to do the job right.