What Are the Benefits of Adding a Fireplace to My Finished Basement?

What Are the Benefits of Adding a Fireplace to My Finished Basement?

A finished basement can increase your home’s square footage in a substantive way. However, if you really want to give your finished basement a facelift, a new fireplace design is a great way to do it. Here are a few key ways that a fireplace can help to improve the overall aesthetic of your finished basement.

A Fireplace Adds Cozines

Many homeowners looking into a basement renovation decide to transform their basement into a large family room. A fireplace is a great addition to a basement family room because it instantly adds a sense of homeyness to the space. What’s more, there are a variety of fireplace designs available so you can find the fireplace design that meets your personal style and the style of your home’s architecture.

A Fireplace Provides Warmth

A key part of your basement renovation is ensuring that the space gets plenty of warmth. This is primarily done through insulation and ventilation. However, adding a fireplace is another great way to ensure your finished basement stays comfortable and warm. A gas fireplace, in particular, gives you all the warmth of a traditional fireplace with none of the maintenance and cleanup. You can use this fireplace design to keep your finished basement pleasant and warm.

A Fireplace Adds a Focal Point

It’s no secret that a finished basement is an enormous space, which can make you feel a little lost when the time comes to decorate. With a fireplace design, you can create a special focal point for the room. Your fireplace design can add plenty of personality to the space, too. Include a couple of logs next to the hearth and display some of your special family treasures on the fireplace’s mantel shelf.

By adding a fireplace to your finished basement, you can not only add a great design feature to your newly renovated basement but you can also add even more value to your home. Even without a fireplace installed, a finished basement has a return on investment of up to 70%. Imagine what a modern fireplace can do for your home’s value. Interested in learning more about the different fireplace designs we have to offer for your finished basement? Contact Elkstone Basements today.

The Top 3 Reasons to Remodel Your Basement

The Top 3 Reasons to Remodel Your Basement

When it comes to finishing a basement, a common question is ‘why?’. Many homeowners may want a basement remodel for a variety of reasons. From desiring a new basement family room to wanting more space in your home, there is no limit to reasons for renovating a basement. Whether you are thinking about installing a basement wet bar or want to increase the ROI on your home, keep reading to find out some of the top reasons to remodel your basement.

1. Financial benefits

One of the more common reasons for renovating or finishing a basement is the immense financial benefits. Although adding a basement wet bar might not seem like a money saver at first, a finished basement can vastly increase the value of your home. Your ROI will vary depending on your area and the size of your basement but could be up to 80%. The financial benefits of finishing a basement are so popular that the ever-growing home remodeling market is worth about $450 billion right now. Additionally, a finished basement may allow you to rent out your basement and earn even more money.

2. Increased space

Another benefit of remodeling or finishing your basement is the increase in liveable space you will get. Not only will a basement wet bar or home theatre look nice, but they can function as extra space in your home. If you need extra space in your home, consider having a basement renovation instead of looking for a new house. Not only will this save time and money, but it will be much cheaper too. The best part is that you can use the space for whatever you want, from a gaming area to an art studio to a home office.

3. Improved home health

One of the more surprising benefits of having a basement renovation is a possible increase in the longevity and overall health of your home. The leaks, dampness, and coldness regularly found in unfinished basements can cause a number of issues related to the livability of your home. Instead of exposing yourself to potential issues down the line, it may be the best option to finish your basement. Finishing a basement can help make conditions safer by upgrading to waterproof and more insulating materials. Making proper upgrades and renovations to your basement can help your home stay healthy and maintain a safe and comfortable living environment.

Overall, there are many different reasons why someone may opt to undergo a basement finishing. From the financial benefits associated with a finished basement to the increased room, you will have for things like basement wet bars and fireplaces, to the improved conditions and livability of your home, finishing or remodeling a basement can always have benefits. No matter what your specific needs and goals are, consider what you might want out of a basement renovation.

4 Things You Need in a Great Basement

4 Things You Need in a Great Basement

Undergoing a basement renovation can sound a little scary at first, but the benefits can greatly outweigh the costs. In fact, finishing your basement will give you an estimated ROI of 77.6%. If space is what you are looking for, basement renovations win here, too. Remodeling a basement can cost up to 80% less than it would to buy a larger home. Whether you are considering a basement remodel or basement finishing, keep reading to find out some of the top things found in every great basement.

1. A basement wet bar

One of the most popular things to get during a basement renovation is a wet bar. This is because of how useful and nice-looking they are. Not only can a wet bar provide you with extra storage and a place to store all of your drinks, but it can also be extremely practical. Wet bars are good for eating and drinking and give you a place to have guests sit. They can be designed in any style you desire and are a practical addition to any basement.

2. A fireplace

Another popular upgrade for basements are fireplaces. A new fireplace can allow an often colder area of the house to have warmth and light. Fireplaces can be customized to match whatever style you are designing your basement in for your basement renovation. No matter if your fireplace design is more modern or traditional, or anything in between, it will make a great addition to your basement and can help keep the space feeling cozy and inviting.

3. Good seating

An important aspect of having a great basement is having good furniture. Not only do you want to have enough seating for all of your potential guests, but you also want to make sure the furniture matches the style and goals that you are looking for. For example, you will want your seating to have colors that match with the rest of the basement and be big enough for the number of guests you anticipate hanging out in your basement. While looking for seating, make sure you consider your specific needs and goals for your basement renovation.

4. An area for your interests

Lastly, one element that is sometimes forgotten in basement renovations is making space for yourself. Even if the primary goal of your basement is not for you alone, it can be nice to designate a space that you can use for your interests or hobbies. This may be especially useful if you do not have another area in your house for the things you are passionate about. Whether you are thinking about making an art space or a home theatre to watch all of your favorite movies, make sure you have a reason to enjoy your soon-to-be renovated basement.

While a basement renovation may initially seem like a lot of work, having professionals by your side and knowing what you want can make the job a lot easier. Upgrading your basement can be one of the best things you can do to increase ROI and have more useable space in your current house. When undergoing a basement renovation, consider looking into things like wet bars, fireplaces, good seating, and an area that you will be able to call your own.

3 Tips for Creating the Perfect Theatre Room in Your Basement

3 Tips for Creating the Perfect Theatre Room in Your Basement

Millions of American homes have a basement that is either underutilized or simply used as a storage space. With theater rooms becoming more and more popular, turning your basement into a relaxation space where you can have lots of fun makes sense. Read on to learn some of the tips that you should consider before taking the plunge.

Take Care of the Acoustics

One of the factors that separate a home theatre from other spaces is the acoustics. About 50% of all homes in the U.S. are more than 40 years old and most of the basements in these homes have terrible acoustics. To improve the sound quality of your basement home theatre, you’ll need your basement remodeling company to provide you with the necessary solutions to improve the sound quality. You can do this by adding insulation to both the ceiling and walls, which essentially creates a sound buffer.

Don’t Forget About Lighting

It’s a good idea to consult with your basement remodeling company to determine the best course of action for your basement lighting for your home theatre. The kind of lighting you end up choosing is entirely up to you and the nature of the basement remodel you are trying to achieve. It will be helpful to consider a few lighting ideas before you opt for a final solution. For example, a basement that will only be used for playing video games and watching movies needs dim and soft lights. On the other hand, one that will be used for more purposes, such as a bar and a rec room, may require more lighting. If you are going for a multi-purpose home theatre, installing dimmable lights will be a great investment.

Grab Comfortable Seats

Aside from lighting and acoustics, seats are perhaps the most important aspect of a basement theatre. The seats you chose for the home theatre have to be very comfortable. After all, this space is one of the few family rooms where relaxation and comfort are the most important considerations. Once you have obtained the right kind of seats, you want to ensure that everyone has a great view of the screen by installing your seats just the right distance away. You can do this by creating a U-shaped stadium-style seating with recliners.

Transforming your home’s finished basement into a home theatre the entire family can enjoy is a great way to have more fun with your home. To learn more about how you can remodel your home’s basement into the theatre of your dreams, contact ElkStone Homes today.

How Can I Transform My Basement Into a Space I Want to Be In?

How Can I Transform My Basement Into a Space I Want to Be In?

You need more space, there’s no doubt about it. With homeschooling and working from home during the pandemic, the walls can feel like they’re closing in. But you have space in your basement, and it’s waiting for you to renovate it into something your whole family can use. All you have to do is pick a design for your basement finishing project and you’ll fall in love with your house all over again.

Whether you’re going to complete a basement upgrade or an entire basement remodel, having a design plan will save time and money. The average basement finishing project costs $35,000 or $35 per square foot. If you’re going to spend the money, then you’ll want to get the most out of this unused part of your home. Not sure what to do with this space? Here are some design ideas to consider.

Turn Your Basement Into a Second Living Room

No one said a house couldn’t have two living rooms. And since we’re all spending a lot of time in our homes right now, why not create a basement family room? Remodeling your basement into a family room gives this space a purpose for the whole family. With an extra TV, couch, and comfortable throws and pillows, you’ll create a space where the family can watch movies together, or the kids can play while you’re working upstairs. Want to use this space for entertaining? You can always add a basement bar for gathering with friends. And if you ever decide to sell your home, you’ll have added square footage, which means you’ll get a bigger return on your home investment.

Turn Your Basement Into a Bedroom

If you have children or need a place for guests to stay when they visit, this kind of basement renovation will add space and privacy. Since your children are spending more time at home right now, they need space to call their own. If your children are sharing a room, a basement remodel will give them the extra space they need to spread out for school projects and learning.

Or, if you’re housing guests, this kind of basement finishing project will give someone space, privacy, and the comfort they need for a good night’s rest. If your basement is small and you want to maximize space, creating an alcove with built-in beds and shelves will add a cozy touch.

Home Gym Basement Finishing Project

If you and your family can’t get out to the gym, then the next best thing is a home gym. A basement remodel project that focuses on a workout room will keep you tone and fit without having to leave your house. Because basements are often one large open space, they offer plenty of room for workout equipment. Rubber floor mats will protect your new floors from your workout equipment and create stations for the weight system, rowing machine, elliptical machine, or treadmill that you add in this new basement finishing project.

Kids’ Playroom Basement Remodel

If your kids have filled your living room with toys, then you’ll want to consider a basement finishing project that turns this space into a kids’ playroom. Young kids have lots of toys to play with, and teens need a place to be alone. No matter what age your children are, having a basement remodeling plan that includes a play area can maximize this space and keep your living room toy-free. When you decide on this kind of basement upgrade, be sure to get your children’s input. Because they’ll be spending time in this space, having the right look and feel will be important. Otherwise, they’ll end up back in the living room again.

When you decide to renovate your basement, consider one of the plans above. No matter what you decide to do with this space, get your whole family involved to make sure you have the right fit for everyone. Upgrading or remodeling your basement gives you more space when you need it. And, when you decide to sell your home, you’ll get a good return on this investment.

Basement Renovations: 5 Tips for Designing a Wet Bar for Your Home

Basement Renovations: 5 Tips for Designing a Wet Bar for Your Home

If you are thinking of renovating your basement, a wet bar is a great idea. You can carve out a retreat within your home where you and your friends can unwind with a few cold drinks.

A basement bar can also boost the value of your home more than most remodeling projects. But before you start the project, here are a few tips to help with the process.

1. Take Time to Plan

It is essential to evaluate the suitability of the basement for a wet bar before you start renovations. One of the biggest obstacles you may face is the size and orientation of the room.

A wet bar may seem small, but it requires shelving, which can take a considerable amount of space. But despite space limitations, there may be room to make modifications to suit your needs. For example, instead of a walk-behind bar counter, you can opt for a walk-up counter to economize on space.

2. Consider How You’ll Use the Space

You have many different options you can choose from for your new basement bar. The bar can have a stainless steel finish for a modern style. You could also choose between wooden, marble, or granite materials.

To avoid regrets, consider how you will be using the new wet bar. Do you want to display the bottles, or would you rather store them away? If you intend to stock up on wine, you need to ensure you have adequate shelving for storage.

3. Factor in the Existing Plumbing

A wet bar means you’ll have to install a sink with running water. Fortunately, many basements have a plumbing connection nearby that you can extend into the room.

Since projects that involve plumbing can be costly, you’ll want to factor in the location of the existing plumbing in your design. You can save time and money by placing the bar and sink closer to the existing piping.

4. Understand your Lighting Needs

Lighting is an essential aspect of a basement wet bar. It not only brings out the style of the room but also sets the mood for the bar. You can use a mix of lighting fixtures to invoke the desired ambiance, from cheerful to elegant and romantic. When choosing lighting fixtures, think about the kind of lamps that will complement the design scheme.

Besides fixtures, there are other ways you can optimize the lighting and ambiance. A large mirror can improve illumination and make a small room appear larger than it is. A mirror can also add a classic touch to a modern wet bar.

5. Comfortable Seating and Entertainment

You will need some form of entertainment when you host your guests in your basement bar. You may choose to set aside an area to watch sports games or to play indoor games with friends.

You may have to opt for stools if getting space for comfortable seating is a challenge. If you have enough room, you can place several cozy couches to create a lounge area for watching sports games. Whatever you decide will determine the direction of your basement redesign project. Therefore, you should start planning early to avoid making unnecessary mistakes.

Remember, tasks like plumbing should be left to skilled professionals. Take time to understand the project as well as the relevant local building codes and regulations.

How to Get the Most Out of Remodeling Your Basement

How to Get the Most Out of Remodeling Your Basement

When remodeling your home, starting with the basement can be a great idea. For example, if you are in an area zoned for multi-tenant use, you can rent out your basement at the cost of 50-75% of your monthly mortgage. Not only will you be left with a lovely finished basement, but you’ll also have the opportunity to make a profit from completing that quality basement remodel. After all, who doesn’t want their own basement wet bar to use when entertaining guests?

Aiming for Comfort

Ensuring your basement is livable, you may need to make some changes to keep the cold out and the heat in, especially if you’re in a place with long winters, like Denver or Chicago. Consider hiring a professional basement finishing company to complete checks like making sure your basement’s insulation levels are up to par. Adding a new fireplace could count as a kind of two for one–it heats the space while also adding a nice room centerpiece. Whatever you do, get creative and try to think of renovations in terms of what will be the most functional.

Thinking About Aesthetics and Functionality

After completing the upkeep to make sure the room temperature is comfortable, it’s time to add some touches to your space that you’ve always wanted. If you’ve always dreamed of having your own granite basement wet bar or a wine cellar, now is the time to start planning. Going into your basement remodel, it can be helpful to plan the whole room out ahead and know what ambiance you would like your space to give off. Whether you want rustic or modern, you’ll have to take into account the size of your space and any barriers like walls or pillars that are in the space. Then you can plan the perfect spot for your basement wet bar, and you can decide if wooden floors would be more functional for you personally.

Picking the Best Lighting for Your Space

Are your ceilings low or high? Are there any windows allowing for natural light, or does your basement lack windows? Those are great starting places to begin picking out what kind of light fixtures are right for your basement. If your basement has high ceilings and you are aiming for a modern vibe, consider adding bold hanging light fixtures above your sleek basement wet bar. If you have lower ceilings, consider fixtures that sit more snugly against the ceiling. Be sure to really think through what lighting you want and consult professionals for their opinions, too. You are putting all of this effort into upgrading and perfecting your space, so you want to make sure you can see everything clearly.

The Bottom Line

Making your basement your own doesn’t have to be stressful. It can and should be enjoyable for you! Don’t forget to ask for help and hire professionals when necessary. Ultimately, finishing a basement opens up all kinds of opportunities for the homeowner–from renting the space out to having a sparkling new space to use for entertaining on the weekends. Whatever you choose, don’t cut corners and make sure everything turns out exactly as you want it to.

4 Creative Ways to Revamp Your Basement

4 Creative Ways to Revamp Your Basement

Basement finishing attracts people to your house listing and increases your ROI to 77.6%. Basement upgrades do not need to be expensive or complicated. Read on to learn how you can revamp your basement to suit your needs and increase the value of your home.

Create a Movie Room

Take advantage of your basement’s lack of windows to create a movie room that doesn’t require blinds or window shades to keep the sun out. Consider other basement upgrades such as good air conditioning, comfortable armchairs, a good sound system, and bright wallpapers to bring color to your home cinema. Installing reliable and fast Wi-Fi will take your home cinema to the next level by allowing you to stream movies. You also get a space to watch shows that aren’t as family-friendly such as Game of Thrones or The Walking Dead without worrying about your kids accidentally seeing a scary scene.

Make It a New Room

In case you college-aged kids, you can start a basement finishing project to create a living space that allows for greater independence without completely separating them from the rest of the house. Talk to your basement finisher company to get a good idea of what features would be best to include in the project. Basement upgrades are easy to achieve once major issues like potential leaks are handled. A basement could be the perfect place for your kids’ friends to hang out, too.

Make It a Home Gym

Depending on the size of your basement, you can convert it to a gym. As such, you get to work out any time as you please. A few basement upgrades will put you on the road to achieving your fitness goals. Installing mirrors and correct positioning of your gym equipment is key to remodeling your basement into an ideal gym.

An Extra Living Room

A basement redesign can help you create an extra living room. Consider installing a fireplace and some cozy couches in place so that you can unwind with friends and family. You can choose to have a more sophisticated design than that of your other living room for special occasions.

Make use of your basement by customizing it to meet your unique needs. Remember to involve professionals to get value for your investment and the best advice regarding basement upgrades. Contact us today if you are looking for a reputable basement remodeling company.

5 Factors to Consider When Installing a New Fireplace in Your Basement

5 Factors to Consider When Installing a New Fireplace in Your Basement

A new fireplace in the basement is a great way to renovate and make your home cozy. However, the nature of the basement and its location often poses several challenges. Here are some of the factors to consider before adding a new fireplace.

1. Safety Concerns

Before you begin your basement remodeling project, you need to take building codes into account. Since basements often don’t have windows and are on a lower elevation, there is a higher risk of fire hazards and carbon monoxide poisoning. Depending on the system you choose, you’ll need an efficient ventilation system when installing a new fireplace. You don’t necessarily need a chimney. You can hire a basement renovation company to deploy a direct vent system to facilitate airflow and prevent hazards.

2. Heating Needs

Another factor to consider during renovations is your heating needs. Before installing a new fireplace, a professional should conduct an energy audit of your basement. Your new fireplace should match the requirements of the room. If its output is too high, it will overheat the basement. If it is too low, it will overwork to keep the space warm. Mismatching the capacity can wear down your system faster and increase your energy consumption.

3. Type of Fireplace

The type of fireplace you choose will also depend on factors such as aesthetics, your budget, and maintenance. Wood-burning masonry options provide the traditional ambiance that many homeowners seek in a fireplace. However, they require efficient ventilation. You will have to organize to clean the chimney, too. Prefabricated fireplaces are easier to install and maintain than their masonry counterparts. You can choose between gas and electric system.

4. Installation and Backdrafts

Substandard installations of fireplaces often create issues such as back drafting. The pressure at the lower elevation of your chimney may draw air from the surroundings. The ventilation outlet needs to be higher than the neutral pressure plane of the house. A backdraft can result from blockages or creosote buildup, which can be fixed by cleaning the chimney. External factors such as trees around the building may also interfere with airflow in the interior.

5. Maintenance

A new fireplace will require routine maintenance to keep it energy-efficient. The type of system you choose will determine the convenience and ease of maintenance. Gas and electric fireplaces are cleaner and more convenient to operate. Wood-burning options may have that cozy ambiance, but they demand a lot of work to keep them efficient and safe.

A new fireplace can be a cozy addition to your basement, but you need to be careful to avoid accidents and regrets. The type of fireplace you opt for and the quality of installation are some of the most critical factors to consider. For the best results, consult a basement finishing company in Denver.

A Guide to Remodeling Your Basement

A Guide to Remodeling Your Basement

Finishing your basement and taking on a basement remodeling project can have many benefits for you and your home. This guide will help you to make an informed decision on whether or not a basement remodeling project may be a good fit for you and your needs.

Why Perform a Basement Renovation?

If you are looking to benefit from a basement renovation, you are in luck. There are two main benefits of having your basement finished. These are adding more space to your existing home and adding value to your home. This is helpful if you were originally wanting to move to a home that has more room or you have outgrown your current home. A finished basement can allow you to add bedrooms and guest rooms to your home. This can allow you to stay in your current home longer, thus saving you money in the long run. If you are planning on selling your home or just want to add value for a potential sale in the future, finishing your basement is also a good option. This is because potential buyers will see this space in the basement as an added bonus, adding appeal to the home.

What Should You Include In a Renovation?

You may be wondering where to start with your basement remodel. The first thing you will want to do is figure out how you will use the space in your basement. For some people, a finished basement means a dedicated laundry room. For others, this means taking advantage of the space to create extra spare bedrooms. Even still, you may want to finish the basement area to include a wet bar, an entertainment area, or family rooms. The options are virtually limitless and are completely up to your personal preferences.

After you have figured out how you will lay out your reimagined basement, it is then time to figure out what you want to have in the basement. This would include fixtures, furniture, and other items that will help make the basement space your own. Some elements to consider are listed below.

Lighting

Basement remodeling means finding the right lighting. Lighting means more than just figuring out what lamp you would like for your basement area. Lighting is actually a bit more complicated to figure out, especially if you do have electrical currently hooked up to your downstairs. Incorporating as much natural light as possible is always a good idea, but keep in mind that your basement is underground and will need additional lighting options, such as built-in options.

Windows

Even though you have incorporated lighting fixtures into your basement, it can still feel dark and drab. This is especially true if your basement does not have any windows. Adding windows can help to bring in additional light, can help with energy efficiency, and can help tie the room together and help it feel more lived in.

Flooring

Unfinished basements are known for their drab concrete floors. Not only are these cold, but they are also easy to slip on. Painting concrete is an easy and cost-effective option, but it still does not negate the fact that your floor won’t be very safe. You will also need to keep in mind that painting your floor will require more upkeep. However, a great alternative is to find some low-cost carpeting to install inside this space. Carpeting will help to warm up a room, both figuratively and literally.

Insulation

Insulation is a very important aspect to factor in, as this helps to maintain your energy costs and helps you with temperature control in your basement area. Properly installed insulation can even help you save on your energy bills.

Basement remodeling and finishing your basement does not have to be overwhelming. Utilizing the help of a professional team can help get your basement to where you want it to be. Finishing your basement will cost 80% less than buying a new larger home. So, invest in the home you currently have.

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