Refinishing Your Basement for Win-Win Results

In the early years after buying your first house, you might think that you have all of the space that you could ask for. Many homeowners buy a home after getting married and before the family grows. In these instances, the house looks like it has plenty of room from the start, but as time goes on, as the family grows and as possessions build up, the space may seem more cramped than it was before. One of the best ways to add space to your home is through a refinished basement. Here is why it’s a win-win situation.

Recreational Space

If you have kids, a recreational space may be the perfect option. You can create a family room for the whole family to play games, watch movies and just enjoy each other’s company. If you have growing kids, you’ll need more space for them to play as they get older and a refinished basement is perfect for those days where they have to be indoors.

Cost-Effective

Refinishing the basement isn’t a huge expense. In fact, it’s a lot less expensive than adding on an addition to the home. Likewise, it costs a lot less than completely moving to a bigger place. Not only does it cost less to refinish the basement but it also adds more to your resale value. If you do decide to sell your home, it can increase the value by 30 percent.

Entertaining Space

Over time, you may want to do more entertaining in your home. If you don’t have enough space to invite over a lot of people, a finished basement is a perfect solution. You can design it to be another area for people to gather. Whether you make it a den space or a recreational room, you have more space in your home to do what you want with it.

When it comes to home remodeling, a refinished basement not only adds space to your home, but it adds value. An addition doesn’t cost a lot of money. Refinishing a basement is one of the easiest ways to get more space at a value.