Basement Remodeling Idea

Things to Consider When Refinishing a Basement

More Living Space

The average basement makes up approximately 35% of home size. Adding 35% of new living space without expanding the home’s existing footprint is a very cost effective way of increasing your home’s value. Building a new addition on to an existing home can range in cost from $70 to $190 per square foot. Remodeling an existing basement, is far less expensive at only $25 to $50 per square foot. It is much less time consuming and the construction progress is unaffected by weather as well.

Walls

There are many options for basement walls. Some of the more popular methods are framing the walls with 2x4 studs and using wall coverings like tongue and groove boards, faux wooden paneling, drywall or blueboard and plaster. A friend of mine used the new Owens Corning basement refinishing system. Which came out great and allows much easier access for running wires and plumbing than the methods mentioned above.

Ceiling

There are several methods for installing finished basement ceilings. You can use a drop ceiling, drywall or blueboard and plaster, wood, acoustic ceiling tiles or even a tin ceiling. The most popular method is a drop ceiling because most basements have plumbing running through or underneath the floor framing for the first floor. A drop ceiling allows for easy access to pipes and wires by allowing the homeowner or service professional to remove a few tiles.

Floor

Basement floors can be finished with a floating floor, hardwood floor, tile, carpet or several other products. If you have the headroom, consider installing “sleepers” and raising your floor up so insulation can be installed under your flooring. Basement floors are notoriously cold during the winter months and the insulation will be well worth it.

When deciding on how to remodel your basement, consider how the space will be used and what kind of feeling you want from your expanded living area. Perhaps the most important factor is your budget. you can “cheap out” or really go for it money-wise, so be sure to decide on a budget and do your best to stick to it. A home equity loan may or may not be your best option. At $25 to $50 per square foot you may be able to finance your basement project “out of pocket”.

Don’t Throw Your Money Away

Before doing anything you definitely want to make sure your basement is dry and does/will not experience moisture problems. If you remodel your basement and it gets wrecked due to water problems, you are just throwing your money away. At the very least you should cover all exposed masonry (floor and walls) with a waterproofing paint like Drylok.

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Basement Remodeling Idea

Basement Remodeling Ideas Things to consider when remodeling a basement to add more living space to a home.

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