Remodeling your basement can be a great investment. If you’re planning a basement remodel and want to know what you can expect, here’s everything you need to know.
Budgeting is a major step in the remodeling process, so you’re probably wondering how much you can expect to pay to remodel your basement. According to Thumbtack, basic basement renovations usually cost around $35 per square foot, which means an entire basement costs about $35,000. Keep in mind that this is the price for basic renovations with a 1,000-square-foot basement; if you have a massive basement or want to go all out on your remodel, you’re going to spend a little more.
What to Focus On
Make sure you get your priorities straight before you start remodeling. You don’t want to end up remodeling again or fixing problems a few months down the line, so figure out what you want to accomplish most. Protecting your basement from moisture is crucial, but you should also ensure you’ve got ample lighting and safe stairs leading to the basement, and you should assess your basement heating.
If you decide it’s time for a basement remodel, the good news is that you’ll get payback for your hard work. Remodeling projects tend to offer a solid ROI, which means you’re not spending money on renovations that won’t increase your home’s value. In addition to an increase in home value, remodeling your basement also makes it a more functional part of your house, so you’ve got more usable space.
Choosing the Right Flooring
You have several decisions to make during a remodeling project, but choosing the right flooring is especially important. Epoxy coatings are popular if you’re looking for flooring that’s simple and easy to maintain, but vinyl planks and tile flooring are also popular. Take some time to research common basement flooring options and find the flooring that fits your needs.
Remodeling your basement can be a smart choice if you do it right. When remodeling a basement, it’s particularly important to focus on making the right renovations and adding functionality to your basement. If you need help planning and executing a basement remodel, give Elkstone Homes a call to learn more and get started today.