Reigning in Your Basement Renovation Budget

Basement renovation Once you’ve planned out your dream finished basement, the price tag can be staggering.  Although cutting corners in construction to save money is a sure bet for problems down the road, reassessing your priorities can keep your basement renovation budget reasonable while still maintaining a high-quality basement remodel that you’ll enjoy for years to come.

In the end, the most important amenities will depend upon your intended use for your basement.  However, because some features are more costly than others, it’s advisable to think long and hard about which amenities you’ll get the most use from.

Basement Bars

If you’re a hardcore entertainer and regularly throw large get-togethers, a fabulous full basement bar may be just what you need.  However, if you only have guests occasionally, consider toning down your bar a bit.

The sink is the most costly component of a full bar, so if you don’t anticipate frequent use, you can cut costs by simply installing cabinets and a fridge.  This setup still allows you to serve drinks, but doesn’t require plumbing work.

Guest Bedrooms

A guest bedroom is frequently something you’ll only use a few times a year, such as for holidays or other special occasions.  If you don’t plan on having overnight guests all that often, a basement guest bedroom may not be for you.  However, if you frequently have guests or plan to expand your family, an additional bedroom may be just what you need.

Separate Rooms

The expense of doors, studs and drywall needed to create separate rooms quickly adds up.  Having one large space is much cheaper, so unless you have a specific need to close certain areas off, this is a feature you might be able to do without.

Downsizing

Many basements span the entire floor plan of the home, and are thus very large spaces.  It’s therefore entirely possible that you won’t need all of the space in your finished basement; just because it’s there doesn’t mean you have to use it.  Downsizing your plan will cut your budget, and you won’t enjoy your new space any less.

Purchasing Standard Sizes

Buying prefabricated, standard-sized cabinets and countertops avoids the extra cost of custom work.  If it’s possible to use standard sizes for these features, be sure to do so.

Are you currently undertaking your own basement finishing project?  If so, what factors influenced your final budget, and what are your own suggestions about reigning in your basement renovation budget?  Leave us your thoughts in the comment section.

Basement Lighting

basement remodelingBasement lighting is an important aspect of any basement remodel.  You’ll want to install adequate, even lighting that lights the entire basement effectively.  There are some special considerations for basement lighting, so you’ll want to choose your lighting carefully.

Special Considerations for Basement Lighting

Your basement is unique from most other rooms in your house in that it has no windows, but is also a fairy large space.  Therefore, you’ll want lighting that is bright and also distributed throughout the space. Additionally, most basements have a relatively low ceiling, so you’ll want to install lighting that doesn’t take up too much vertical space.  For example, pendant lighting may not be the best option for basement lighting.

Can Lighting

Can lighting consists of a round fixture, or can, that is installed above the drywall of the ceiling, meaning that the trim of the fixture is flush with the ceiling.  The bulb is then placed within the can. There are many trim options for can lighting, meaning that it can be customized to your finished basement’s décor.  Can lighting can be installed on both sides of the basement spanning the length of the wall such that the entire basement is evenly lit.

Track Lighting

For the track lighting method, light fixtures are attached on a continuous track that contains electoral conductors.  This is unique from other forms of lighting, which rout to individual light fixtures. Track lighting has several benefits in that it is easy to install, effective and versatile.  Light fixtures can be evenly dispersed throughout the track, or instead focused in particular areas.  Track lighting is an excellent choice for larger spaces that require ample lighting, so it is an ideal choice for finished basements.

Safety First

Any kind of electrical work, including lighting installation, can be very hazardous if done improperly.  Serious or even fatal injury can occur during installation, and an improper install poses a fire hazard.  Don’t be afraid to seek the help of a professional if you’re inexperienced in electrical work and always make sure that contractor’s work get inspected by ESA inspector. This little step that most contractors try to skip will save a lot of trouble down the road.  Fortunately for basement finishing Toronto homeowners have many excellent contractors available. Are you currently undertaking your own basement finishing project?  If so, we’d love to hear about which type of lighting you selected.  Give us your own thoughts on basement lighting in the comments section.

Preventing Basement Moisture and Mold

basement moldMany homeowners make a substantial investment in basement finishing only to have their new finished basements damaged or destroyed by water damage or mold.  Luckily, this misfortune is largely preventable with good planning and proper construction.  These tips on preventing basement moisture and mold will help you to enjoy your finished basement for years to come without worrying about potential water or mold damage.

Drainage

Your basement is unique from any other room in the sense that it’s underground.  Think of it as a concrete box surrounded by wet soil on all sides, and you’ll get the picture.  When rainwater from even a small storm isn’t diverted properly away from the house, water can easily accumulate.  Ensure that your gutters are clean and in good repair, and that downspouts are diverting water away from your foundation.

One issue with basement finishing Toronto homeowners face is a substantial amount of annual snowfall and subsequent runoff water that saturates the soil.  If groundwater is problematic, a French drain could be a good option.  Talk to your basement finishing contractor about whether this could be a problem in your area, and to discuss potential solutions.

Insulation

Basement insulation has a tendency to accumulate condensation and develop mold growth, so proper insulation is critical to preventing basement mold damage.

Rigid foam board is made of polystyrene, polyisocyanurate (polyiso) and polyurethane.  It is not only highly efficient, but also keeps water vapor in its gaseous state, preventing moisture accumulation.  A vapor barrier may also be helpful.

Minimizing the Potential for Water Damage

Even proper construction cannot prevent the occasional accidental basement flooding.  For this reason, it’s still important to minimize the damage of a potential flood by selecting appropriate flooring.  Stained concrete, tile, laminate flooring and engineered wood are also potential options for finished basement flooring, as they don’t absorb moisture can withstand a certain amount of water damage.

If you’re currently finishing your basement or have had basement moisture issues in the past, we’d love to hear your own ideas and experiences.  Tell us all about it in the comments section.

Planning Your Basement Renovation

Basement-Remodeling-InteriorBasements 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.

Waterproofing

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.

DIY Basement Finishing

basement-finishing-contractorIf you’re looking to make better use of your basement without breaking the bank, a partial basement renovation may be the best option.  You can also save money by doing part or all of your basement renovation on your own.

 Here we discuss some potential basement renovation options that will make your basement more inviting, but are also inexpensive and easy to install.  For a cheap basement renovation, you may also opt to only install some of the options and leave other features unchanged.

 DIY Basement Flooring

 The most important aspect for any basement floor option is that it be waterproof in the event of a flood.  This protects your investment and helps to prevent costly water damage.

Stained concrete is among the cheapest and easiest basement flooring options.  This involves prepping the surface such that it is smooth and doesn’t show seams using a sander and perhaps a thin layer of special finisher concrete, and then applying a specialized concrete stain and sealant.

If you’re looking for a more advanced but inexpensive option, laminate flooring is another potential basement flooring option.  Advanced amateurs can typically install laminate flooring, but if you’re inexperienced in home repair it may be best left to professionals.  For basement renovation Toronto homeowners have many excellent basement remodeling contractors available.

 DIY Basement Walls

 Simply painting bare walls can significantly improve you basement’s appearance, and the color scheme can be customized to your personal preference.  This is an easy job even if you’re fairly inexperienced in home renovation, and can usually be completed within a day or two.

For a more polished but inexpensive look, you can also use wooden side panels or house siding.  These options are typically a few hundred dollars, and are easily installed by intermediate amateurs.

 DIY Basement Ceilings

 Exposed ceiling are actually quite stylish at the moment, so a simple coat of paint could be an excellent finished basement ceiling option.  We recommend opting for darker colors that minimize contrast.  A paint sprayer might make this job easier.  Most local hardware stores offer fairly inexpensive paint sprayer rental.

If you’re after a more polished look, you can also install a drop ceiling, similar to those seen in office buildings and schools.  This is easily installed by most amateurs, but if you don’t have much home renovation and repair experience, it may be best to consult a professional.

We’d love to hear about your own DIY basement finishing experiences and ideas as a homeowner.  Tell us all about it in the comments section.

Basement Finishing Ideas

basementMost homes are sold with unfinished basements, which are usually used for extra storage space or as storm shelters.  However, your basement is an untapped source of extra square footage, and a finished basement can be a great place to enjoy your family and entertain guests.

 Because a finished basement is considered to be bonus space in most cases, the possibilities for basement finishing ideas are endless.  There are many potential uses for a finished basement, and your family’s hobbies, interests and priorities will play a role in determining the best fit.  A Toronto basement finishing contractor can help you to develop a customized renovation plan to fit your needs.

Family Friendly

Finished basements make an excellent play space for younger children.  If you are looking to designate part or all of your finished basement as a play area, choose wall and flooring options that are durable and resistant to wear and tear.  Also make sure that your design and décor are safe and kid-friendly.

Older children or teens may appreciate some recreation space with games and TV.  Allowing some flexibility in your finished basement design will help you to transition your setup as your kids’ interests change over the years.

 Entertaining and Hosting

 Many homeowners use finished basements as a space for entertaining guests.  Wet bars and entertainment systems are often popular options if you’re intending to use your finished basement to host parties or other visitors.

You may also want to convert your basement to a guest bedroom if you plan to host out of town guests on a regular basis.  For a basement guest bedroom, it’s ideal to install a full bath so that your guests can enjoy convenience and privacy.  This also makes company a little less intrusive for homeowners.

 Home Theatre

 Finished basements are also frequently used as home theaters.  A basement home theater setup can be as simple as a TV and couch, but can also be very advanced with a projector and specialized theater audio and seating.

Most homeowners opt for a happy medium between these extremes.  Your basement renovation contractor can help you determine the scope of this project.  Fortunately for basement remodeling Toronto homeowners have many well-qualified contractors available.

 Multipurpose Space

 You can also use your finished basement for two or more purposes, for example as both a playroom and entertaining space.  In this case it may be best to divide your space by installing additional walls.  This makes the basement renovation a little more advanced, but also makes the finished product more enjoyable.

If you’re currently in the process of finishing your basement or are planning a basement renovation, we’d love to hear your own basement finishing ideas in the comments section.

Basement Wall Options

basement wallMost new homes are sold with unfinished basements, which are used for storage and as storm shelters.  Basement finishing turns this untapped resource into livable space, increasing your home’s value and your enjoyment of your home. Most unfinished basements have cinder block or poured concrete walls.  In order to finish your basement, the walls must be covered in some way.  There are many potential basement wall options, and the right option will depend upon your budget, decor and intended usage for your finished basement.

Drywall

Drywall is very versatile, as it can be textured, painted, or covered in wallpaper.  For basements, it is best to use mold-resistant drywall to protect against any potential plumbing mishaps.

Wood Paneling

Wood paneling can be used to create a cozy, homey look.  It can also be painted over or covered in paintable wallpaper if you wish to change your look down the road.

Plywood

Plywood is fairly economical, and is also easy to cut in your desired size and install over wall studs.  Additionally, plywood does not absorb as much moisture after painting as drywall, and may be more resistant to any water damage.

Paint

If you are looking for a simple, low-cost option, you can opt to simply paint over concrete or brick walls.  While this may not be as well-finished as other options, it is certainly the most economical basement wall option and is water resistant.  This could be a good option for play rooms or rec rooms.

There are many wall options for finished basements.  Your budget, home decor, basement design and intended purpose for your finished basement will determine the best option for you.  A qualified design professional can help you to select the best option for your needs.  For basement finishing Toronto area residents have many well-qualified basement remodeling contractors available.

Potential Uses for a Finished Basement

services_basementsMost 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.

Man Cave

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.

Entertaining Space

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.

Basement Apartment

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.

Finished Basements Apartment Design

If you are looking to generate some extra income, renting out a finished basement apartment may be an excellent option.  Toronto real estate prices are currently very high, meaning that the extra rent generated could potentially be very profitable.  However, it is important to design finished basements appropriately so that they will be convenient and desirable to tenants.

Floor Plan

Basement planningYour first concern should be convenience for you and your future tenants.  This will vary based upon your home’s floor plan and upon your personal preferences.  You should design the floor plan and points of egress such that a tenant can come and go with minimal disturbance to the rest of the household, and preferably such that a full bath and laundry facilities are available within the basement.

It may be best to consult a professional to make sure that you’re going about things properly.  Fortunately for basement renovations Toronto residents have many qualified basement design professionals available.

Design and Decorating

Finished basements are of course an absolute must, and you will want to have a basement design that lends a homey feel but is also generic enough to appeal to a wide variety of tenants. Generally for finished basement flooring, carpeting lends a warm, home-like feel.  Neutral and complementary tones on the walls, door frames, baseboards and molding create a comfortable environment and coordinate nicely with most furnishings or other personal preferences that a tenant may have.

Again, it’s best to consult a professional if you are unsure here.  The last thing you want to do is invest in a basement remodel only to have it be unappealing to potential tenants and thus difficult to rent out.  Fortunately for basement renovation Toronto residents have many available qualified contractors.

Renting out your basement as an apartment may be an excellent way to generate extra income to help pay your mortgage, and a basement apartment can also increase your home’s resale value.  However, make sure that a basement apartment is compatible with your lifestyle, and plan your basement design carefully.