Basement finishing adds to your home’s usable square footage and resale value, allowing you and your family to enjoy your home more and making it easier to sell when the time comes. However, basement finishing is a big job and shouldn’t be undertaken lightly. Take these considerations into account before beginning.
Is Your Basement Dry?
Moisture and water damage is a major issue for finished basements, and even a small leak can cause thousands of dollars worth of damage. One of the major issues with basement renovation Toronto homeowners in particular face is moisture because of our considerable annual snowfall.
Before beginning your basement renovation project, make sure that you’re ruled out water issues. Outside of your home, make sure that the ground is sloped away from the foundation walls, and that the downspouts are functioning properly. Inside, check the floor, ceiling, walls and drywall for any sign of water damage or mold.
Are You Up to Code?
Check your local building codes, and find out whether you need a permit for your basement remodeling project. Also make sure that all electrical work is up to code. Finally, if you plan to use your finished basement as an apartment, be sure that it meets all local regulations. It may be advisable to consult with a professional basement finishing contractor at this stage of your project planning. A well-qualified professional will be familiar with all local regulations, and will be able to check over any plans for electrical work. Fortunately for basement finishing Toronto homeowners have many excellent contractors available.
Are You Within Your Budget?
Basement finishing can be quite costly. Make sure that all aspects of your project are within your budget so that you don’t overspend or end up with an incomplete remodel that you can’t afford to finish for years on end. Also be sure to leave a little “wiggle room” so that if things go wrong you’re not over your head financially.
A basement finishing project can be very rewarding if it’s well planned. If you keep these considerations in mind and carefully plan your project, you’ll be well on your way to a finished basement you can enjoy for years to come.
If you’re currently involved in your own basement renovation project, we’d love to hear your input. What would you recommend homeowners take into account before starting this project? Tell us all about it in the comments section.