Basements have a lot of potential as there are a variety of ways you can utilize them. You can transform this space into a new bedroom, a home office, gym or even a bathroom. Aside from adding more living space to your home, it can also increase your property’s overall value.
Discover more benefits you can enjoy with a finished basement below.
Added Home Value
Among the biggest perks of investing in a finished basement is increased home value. Some reports suggest that this addition can give homeowners around 70% return on their investment (ROI). However, the ROI you can get from this project still depends on other factors, such as your area’s real estate market. If you are thinking about selling your home, know that a finished basement may attract more potential buyers.
Improved Energy Efficiency
Like new windows and entry doors, a finished basement can also help improve your home’s energy efficiency. An unfinished basement that lacks insulation can cause conditioned or warm air to escape your home, resulting in higher energy costs. On the other hand, a finished basement has layers of insulation and drywall that help in maintaining consistent temperatures. It means that your heating and cooling system won’t need to exert as much effort to keep the space comfortable.
More Room for Storage
Clutter can make your home look disorganized or messy. You can use a finished basement for storing things that you don’t use as much, such as holiday decorations, old exercise equipment and extra pillows and sheets. Consider adding more cabinets and shelves to the space so you can easily find things when you need them.
Ready to turn your basement into a beautiful and functional space? Let STL Design and Build help with your project! We are also one of the area’s most trusted deck contractors. Call us at (314) 736-5800, or fill out our contact form to get a free estimate.