Basements represent an untapped resource in most homes, as they’re typically left unfinished and used haphazardly for storage and/or as a storm shelter. Basement renovation, also known as basement finishing, makes your basement into usable space for any number of applications. However, any basement finishing job should be carefully planned from the beginning. These basic considerations will get your basement remodeling project off on the right foot.
Why Basement Renovation?
Basements are typically equivalent to about 30% of a home’s square footage, comprising an average of 600-800 square feet. If you’re feeling cramped in your current living space, basement finishing can substantially increase your usable square footage, and finished basements can be used as living space. Alternatively, if you’d like specialized space for your hobbies or other interests, a finished basement can be customized to meet your specific needs without compromising your currently available square footage.
One of the biggest concerns for finished basements is the potential for water damage. Because any major pluming mishaps present a flooding threat for your basement, it’s important that your flooring, paneling and insulation are waterproof or at least water-resistant. Additionally, insulation should prevent moisture accumulation from humidity.
Identifying you Priorities
Develop your basement floor plan carefully before beginning your project, potentially with the help of a professional. Luckily for basement finishing Toronto homeowners have many excellent contractors available. Consider what potential uses you’re developing your basement for, and develop a floor plan that meets your priorities.
Professional or DIY Basement Finishing?
You should also decide which (if any) aspects of your basement finishing projects are best left to professionals. If you’re not an experienced handyman, you may want to hire at least some aspects of the job done. If you’re interested in DIY basement finishing, plan accordingly by selecting design features that can be installed cheaply and easily.
Basement renovation can be very rewarding, and increases your home’s resale value and your family’s enjoyment of it. If you plan your project carefully, you’ll have a new space to enjoy for years to come.
Are you currently in the process of remodeling your basement, or planning a basement renovation? If so, we’d love your input and ideas in the comment section.