5 Ways a Finished Basement Increase the Value of Your Home

One of the most significant assets in your life is probably your house. You regard it with utmost importance that you are doing all the best to increase its value while living in it or by the time you put it up on the market for sale. And while there are many ways how you can add value to your home, finishing your basement is one of the effective ways to do so.

If you are not convinced, allow us to persuade you with these five reasons why a finished basement can potentially increase the value of your home while you make the most out of it.

1. Increased living space

The increased living space provided by completing your basement is one of the most evident advantages you can get from it. This may be used for a number of things, including:

• An additional bedroom: Having an extra bedroom is always a plus, particularly if you have a growing family or often entertain out-of-town family and friends.
• A home office: Many individuals now work from home, especially amidst the COVID-19 pandemic. Having a home office is an excellent option to establish a distinct workstation from the rest of the house.
• A play area: Do you have small children? A finished basement makes a great area where you can let them roam and play without compromising their safety. It also enables you to keep the main part of your home tidy and free of children’s toys.
• An entertainment room: A basement can be a great area to set up your entertainment where you, your family, and your guests can enjoy watching television, playing video games, entertaining guests, and so on.

2. More storage space

A finished basement both adds additional living space and additional storage space. This is particularly useful if your house lacks storage space or current storage locations are filled. Here are some of the ways you can make your finished basement an additional storage area:

• Additional shelving and cabinets: Finishing your basement is an excellent chance to add more shelving and storage cabinets. This may be used to store anything—from holiday decorations to seasonal clothing items.
• Adding a laundry room: A basement laundry room is one of the best ways to keep your main living space neat and free of clutter, such as your laundry.
• Adding a mudroom: A basement mudroom can serve as a secondary entrance where you can enter your home without worrying about causing a mess with your muddy boots and wet coats.

3. Customization and personalization become easy.

With a finished basement, you can easily customize it according to your needs and wants. As mentioned, the possibilities are endless, and you can basically do whatever you want with your basement.

And if you intend to sell your home in the future, you can leave it empty but finished, and this may look appealing to your prospective buyers since they can do whatever they want with such space.

Investing in a finished basement will never become a disadvantage or a loss because you can always gain something from investing in it either way.

4. Contributes to cost savings

You may also save money on costs if you have a finished basement. How so? Since your basement is an additional room located below ground level, you can reduce the need to constantly change your home’s temperature to maintain a comfortable indoor temperature.

In addition, the temperature in a basement tends to be lower in the summer and higher in the winter. This enables you to tolerate high and low temperatures in your basement.

If you plan to expand your home, you may want to consider your unfinished basement first since expansion can be more costly.

5. Improved resale value

Resale value is another significant advantage of finishing your basement. Having a finished basement may help you sell your house for a higher, more ideal price and a faster rate than an unfinished basement.

It is estimated that houses with completed basements sell for an average of 10% more than those without finished basements. Furthermore, the extra value may be significantly larger in other circumstances.

Let Basement Builder Utah Handle Your Basement Finishing

If you are planning to pour all your resources into finishing your basement, it is natural to want to have it finished appropriately and effectively. Here at Basement Builder Utah, you can be assured that your basement finishing job is in the good hands of our team of professionals.

If you’d like a finished basement that you can enjoy for many years or a home you can put up for sale at a better market value, you can trust our team of leading basement specialists to get the job done right.

Give us a call at 801-404-1511 or e-mail us at [email protected] to begin the process of finishing your basement today. You may also use the contact form you can find on our website to get in touch with us.