At times, the thought of actually making your basement space an inhabitable spot in your home makes many people leery. With the many stories looming over your head from leaks in basements, mold, and cracking foundations, it is understandable why many people choose to never finish their basement, or utilize it for storage purposes only.
The truth of the matter is, it does not have to scare you! There are professionals readily available to help with any questions or concerns you may have when considering finishing your basement. Everdry Basement Waterproofing, for instance, even offers a free inspection of your space to ensure your peace of mind. Everdry is the Nation’s largest water proofer. With being in business for more than 25 years and over 85,000 raving customers, Everdry has the answer to any question or concern you may have.
In the meantime, here are some facts to check out that will further validate the reasons for finishing your basement space:
- In the past, basements were utilized for nothing more than a work space, laundry space, or storage. In more recent years, as housing sales stalled and people remained in their homes for longer periods of time, they recognized that their lower levels could become another living space to utilize. This proved to be a much more cost-effective way to add additional space to your home without adding on.
- Many architects and contractors put the cost savings of redoing a basement versus an addition at one-third to one-half less, depending on project scope, the area of the country, and professionals hired, says architect Duo Dickinson, author of Staying Put.
- Hank Harris, a Realtor on Zillow, says that an unfinished basement adds $20-30 per square foot and if it is finished it will add another $20-30. An 800 square foot basement would add $30,000-40000 depending on location.