Basements have ceased to be dark storage rooms, and they are gradually becoming functional spaces that can work as guest bedrooms, home offices, rentable apartments, and high-end entertainment spaces.
The sooner you realize their importance, the better for you and your home value. According to recent reports, basement remodels are among the top home improvement projects.
So, if you’re planning to convert your basement into a more functional space, you’re on the right track.
However, before you pick that sledgehammer to get down to business, you need to do your homework first. We’ll save you the trouble. Here are three essential things to know before taking on the remodeling project.
- Know your home’s worth
We’ve come across many homeowners who have spent so much on renovations and ended up not getting the return they expected when selling the home, so take care not to over-improve your home.
Research recent homes with finished basements sold recently, compare the value accrued, look at your financing options, and perhaps the recent appraisal of your home.
From that, you can determine how much to spend on your basement remodel.
However, if you plan on staying in your home for the long haul and you have the cash to do whatever you want, then have fun with your remodel.
- Confirm your home’s structural hold-up
Before you begin transforming your basement, carefully examine your basement structural hold up every inch of it.
Remember, your basement is your home’s foundation, and you want to make sure it doesn’t have any problems that will compromise the entire house.
Look for cracks, water damage, suspicious electrical and plumbing connections, ceiling problems, etc. The good news is most of these issues can be fixed; hire a reliable contractor to address any problems you find.
- Get the necessary permits
Even for a simple basement remodel, you’re required by law to follow the building codes, so find out about the permits you need.
Or better still, if you plan on working with a contractor, they can help you quicken the permit acquisition process.
Need Reliable Remodeling Services in O’Fallon, MO?
Hire Accessibility Home Improvements. Our general contractors can take any drab space and turn it into the best room possible. We specialize in various remodeling services, including:
- Basement remodeling
- Home renovations
- Home repairs
- Room additions
- General remodeling
- And much more.
Do you require any of these services? Feel free to hit us up.