Did you know that finishing your basement costs approximately 80% less than buying a larger home? Basement finishes not only give you an extra room (or rooms) in your home, but they can also add value to your property in the long run. Keep reading to learn more about the best ideas for basement upgrades.

Family Room

One of the best ways to upgrade your basement is by turning it into a family room. Keep all your games, video game systems, and entertainment systems organized and in one place. Be sure to add a comfy couch, chairs, and a table for playing board games or doing puzzles.

Hobby Room

Don’t have a place to keep your sewing machine? Need a spot to build and display your models? Simply finish the walls and floors and divide the room into spaces where everyone can enjoy their favorite hobbies. The plus side is you have plenty of space to organize all of your materials nearby for easy access.

Wine Cellar

Building a wine cellar in your basement is easier than you think. By utilizing your basement’s climate, you can build an elegant space for your wine collection. Finish off a small area and furnish with a table and chairs to host your own wine tastings for friends and family.

Build a Bar

Use your newly finished basement space to create a fully-stocked bar for entertaining friends and family. Want a classic, padded bar with stools? Or how about a modern bar with swivel chairs, a glass back bar, and elegant stemware? The choice is yours! You can even add to the bar vibe with a jukebox, pool table, dartboard, or big screen TV.

Rental Space

Depending on the size of your basement, you may be able to use it as an apartment for rent. This option may require more work depending on your plumbing, or your ability to include a kitchen or bathroom. However, careful work and planning may allow your basement space to become someone’s future home–and an extra source of income.

You may see your basement solely as a space where you keep your washer/dryer and store your holiday decorations. However, a basement finish can be a very worthwhile investment, whether you are looking for extra space or want a place to entertain, play, or simply relax. The next time you visit your basement, think about these awesome upgrades and imagine the possibilities!