Marcus Pike en Economists and Finance 20/3/2017 · 2 min de lectura · +200

Top Basement Renovations That Increase Home Value

Top Basement Renovations That Increase Home Value

Top Basement Renovations That Increase Home ValueWhen you want to increase the value of your home through a basement renovation, it pays to know exactly what people in the home-buying market will look at and see as a good investment. Obviously, there are trends to consider, and the cost of each one can vary based on the current condition of your basement. Regardless, many of these renovations are key in selling a home, and if it has not been remodeled for decades, even the most basic improvements can make a big difference in the real estate market.

Turning a basement from a dungeon into a usable living space

When you have a basement that is full of standing water and always has a dark, murky appearance, it can be difficult to imagine it as a place to enjoy spending your time. However, even if the only goal of your basement renovation is to turn it into a utility room, a basic remodel that results in what real estate agents call a “semi-finished basement” must be accomplished, first. For example, getting the extra moisture under control will be the first step and could include sealing the walls as well as redirecting water on the outside of the home with drains or gutters. Once the room is watertight, the next step is to start creating the types of features that you were looking for in a basement renovation. This is also where the renovation possibilities are endless, and some home sellers will stop remodeling the basement at this point for this reason. Although it is not always the case, some home buyers appreciate having the option of doing their own renovations to a semi-finished basement.

Ensuring the space is child proof

Beyond bringing a dark and unusable basement into the realm of the semi-refinished world, the other renovation that looks appetizing to many prospective home buyers is having the basement