Having a family room in the basement is a great way to increase the value of your home. According to the last annual “Cost vs. Value” Report from Remodeling Magazine, the average basement remodel costs around $61,303 with a 70.3 percent return on investment. This makes it an ideal option for homeowners who are looking to add value to their property. Having a basement family room also has other benefits beyond just financial gains. Let’s see what three of those perks are.

1. Increased Privacy

One great perk of this home addition is the increased privacy it provides. Basements are often separated from the main living areas of the house, providing a quiet and cozy space away from the hustle and bustle. This is especially beneficial if you have children or pets, as you can have your own quiet space to relax without having to be disturbed.

You can also use your family room if you work from home. Use this private space to get away from any distractions, and you’ll be able to stay focused on the task at hand. When you are finished, the other members of your family are free to use it for their own desire.

2. Overflow Accommodations

Having a basement family room is also great for accommodating extra guests or family members. If you have visitors over and need extra sleeping space, a basement family room can provide the perfect solution. Not only will your guests have their private area, but they won’t be in your way during the daytime. It’s also beneficial for families with multiple generations living under one roof, as it provides extra space for the family to gather.

3. Entertainment Space

Finally, having a family room can be great for entertainment. Basements are often designed with extra soundproofing, making them the perfect spot for hosting parties or family movie nights. From game rooms to home theaters, there are many creative ways to turn a basement into an oasis of entertainment. Play movies at a high volume or have a dance party with your friends, all without worrying about disturbing neighbors or family members.

Having a basement family room provides numerous benefits. From increased privacy to additional accommodations and entertainment possibilities, a basement family room is a perfect way to add value to your home. Contact Elkstone Homes when you’re ready to install a basement family room.