Basement Renovation Ideas
When you’ve got a spare living area lying around, it can be quite hard to figure out exactly what you want to do with it. This is usually the case with many of our clients who have an unused basement they are ready to start renovating. Clients often wish to renovate their basement for two main reasons:
- Increase Property Value
2. Improve Lifestyle
When it comes to the valuation of your property, creating an additional bedroom has been reported to add more than 10 per cent to the value of your home. In fact, according to The Telegraph, that is approximately an addition of £300,000 on the average UK home. Nonetheless, it is important to note that any basement renovation is likely to significantly increase the value of a property. When endeavouring to do so, however, it is important to note that certain aspects need to be carefully considered and appropriately implemented.
For example, it is vital to think of how the basement’s lighting, which is usually minimal or non-existent, is going to create a desirable and valuable environment. Light wells are therefore an important factor when it comes to basement lighting and are known to effectively increase the value a basement is able to add to a home. This is because natural lighting is a valuable asset to have when it comes to property valuations. In the same vein, natural lighting is also an important factor to implement when renovating a basement in order to improve your lifestyle.
In regards to improving one’s lifestyle, there are many different living areas your basement can be turned into. In fact, the basement is an ideal space to transform into either a warm and welcoming area or a modern and minimalist stretch for you, your family and friends to thoroughly enjoy. Additionally, it allows you to explore ideas that you often can’t apply to your main living space.
For example, as well as the classic extra bedroom, office space, dining room, storage space, lounge area or studio room created to be rented out, all of which increase the value of your home, a basement can be transformed into a significantly jazzier space. Some examples we personally are fans of can be found below: