Basement Remodeling Contractors Near Me: How to Make This Area Valuable

by The Remodel Pros on Mar 7, 2022 Finance 581 Views

When was the last time you saw your basement? Are you just using it to store things you want to keep out of sight? Then you are wasting precious space.

Did you know that you can make your home more valuable by ‘reinventing’ your basement? A basement remodeling contractor can transform that space into something fantastic.

Where can I find basement remodeling contractors near me?

Use a contractor referral service to find reliable and highly experienced contractors that specialize in basement renovations. The best services are free. You don’t have to pay them to match you to a contractor. 

Why should I bother fixing my basement?

A finished basement has been shown to add real value to a house. This is not just hearsay—it’s backed by data. According to Remodeling Magazine, a midrange basement renovation can recover about 70% of your total spending. So, if you put $1000 into the project, you can get about $700 back.

Even expert appraisers say that finished basements can fetch higher prices for your home. And generally, the deeper your basement is below-grade, the less its appraisal value per added square footage.

For instance, if your above-grade space is worth about $100, the below-grade area could be appraised for 70% of this value. But, of course, it will all depend on your appraiser and location.

Overall, a remodeled basement is undoubtedly worth more than a dusty, unused space. Here are some ways to increase its value:

  • In-home theater

The basement is likely the darkest part of your home, making it the perfect in-home theater. And best of all, it’s a quick and easy way to remodel the space. For instance, you can add a projector to one wall, invest in built-in seating, and finish it with ambient lighting!

  • A bar

    Do you want to invite your friends over for some drinks when the kids are asleep? The basement provides the privacy you need. Add a bar and/or wine cellar so you can host parties as much as you want.

There are many other ways to increase your basement’s value, like creating a garden utility room or a children’s play area. And if you want to discover the best solution, it’s time to search for a ‘basement remodeling contractor near me’ using a contractor referral service.

About the Author:

John Richard is an experienced contractor with over 40 years in the construction industry. He grew up in the business of 2 generations and he is still active today.   John is a skilled carpenter who gained experience from his Father, a master carpenter, and has remodeled homes, constructed new homes in addition to managing complex building projects.

Article source: https://article-realm.com/article/Finance/20048-Basement-Remodeling-Contractors-Near-Me-How-to-Make-This-Area-Valuable.html

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