Most new homes are sold with unfinished basements, which are used for extra storage space, laundry rooms and storm shelters. However, your basement is an untapped source of square footage, and a good basement finishing job can turn it into a space just as inviting as the rest of your home. Because basements are “bonus square footage” homeowners often use finished basements as recreation space or to support a specific interest or purpose.
A finished basement is a great investment, as you will be able to enjoy your home more, and your home will be more valuable and easier to sell when the time comes to put it on the market. Finished basements are often used for the following purposes, and allow homeowners to get the most out of their home.
Guys like to retreat to an space that’s exclusively theirs after a long day to relax and generally decompress. A finished basement is a great refuge for most men, as it’s somewhat separate from the rest of the house, and can be customized to their interests and hobbies.
Recreation or Hobby Room
A finished basement can be a great place to enjoy hobbies or games that require more square footage than you’d otherwise have available.
Basements typically span all or most of a home’s floor plan, so usually consist of a continuous large room before they’re finished. A finished basement can thus be an ideal entertaining space for hosting large gatherings of friends and family.
Home Theater or Media Room
Basements are separate from the rest of the house and are fairly soundproof even in their unfinished state, so make excellent home theaters for movie lovers and electronics enthusiasts.
A finished basement can be converted to an apartment, which can be rented out to tenants in order to supplement mortgage payments or build savings. A basement apartment is also ideal for elderly parents or adult children, as it allows more privacy for the occupants.
There are many possible uses for a finished basement that can make your home more enjoyable, and allow more flexibility in your living space. Basement finishing is an extensive undertaking, and some aspects of the project may be best left to professionals. Fortunately for basement remodeling Toronto residents have access to many qualified basement finishing contractors, and a beautiful finished basement is easily attainable.