top reasons to get your basement renovated
TRANSCRIPT
Top Reasons To Get Your Basement Renovated
DCON RENOVAT IONS & REMODEL ING
Basement renovations require sound planning and execution just like
any other renovation project. There are a number of jobs which need to
be done- ranging from plumbing and electrical work to drywall
insulation and flooring, basement renovations can be a rather daunting
task. If you are a homeowner and have recently initiated any such task,
then you must be knowing how grueling the job is.
Basement remodeling, is one of the best solutions when it comes to
expanding your space. It also happens to be one of the most prominent
remodeling areas in obtaining the best returns-on-investment and
improving your overall quality of life.
Here is thus a list of the top reasons which make it highly beneficial to
have your basement renovated–
1COST EFFECTIVE
The approach here should be to stop thinking of the basement as a
liability, and instead, consider it as an addition. When talking in terms
of footage, building an additional room is a much more costly
proposition than remodeling your basement. In other words, by
renovating a basement, individuals are not only able to utilize the
basement as an additional area, but it is also achieved at a fraction of
the cost. Also, when compared to other renovation options such as
exterior painting, basement renovations not only make your homes
more attractive, but it also betters the quality of life of residents by
adding more living area.
Acco rd ing t o a ve r y p rom inen t magaz ine , a t yp i c a l basemen t
r emode l i ng co s t s a round $64 ,500 and r e tu rn s a round 70% o f
t he i n ve s t ed amoun t . Th i s i s j u s t i n t e rms o f t he mone ta r y
ga in s . Such r enova t i on s a l s o p rov ide g rea t r e tu rn s i n t e rms o f
t he l i v ab l e a r ea . Fo r i n s t ance , i f you r house i s o f 2000 sq . f t .
i n a r ea , t hen a basemen t r enova t i on adds ano the r 50%
i n c r ea se i n space . Basemen t r enova t i on s t hu s no t on l y
i n c r ea se t he l i v i ng a r ea , bu t t hey a l s o make you r p rope r t y
h igh l y va l uab l e i n t he marke t wh i l e mak ing i t more a t t r a c t i v e
t o po ten t i a l buye r s .
RETURN ON INVESTMENT
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The u se s o f a ba semen t i s v i r t u a l l y end l e s s - I t
can be u sed a s an exe r c i s e a r e a , en t e r t a i nmen t
a r e a , l a und r y r oom , home o f f i c e , gue s t s u i t e ,
p l a y r oom , o r e ven t o r en t i t ou t . I n o the r
word s , un l i k e o the r a r e a s o f you r hou se ,
ba semen t s o f f e r t h e g r ea t e s t v a r i e t y o f u sage
t h an any o the r a r e a , wh i ch i s why r eno va t i ng i t
make s s o much s en s e .
MULT I -PURPOSE
UT I L I TY
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