If your home is bursting at the seams from a growing family, relatives returning to the nest or too few rooms serving too many uses, check out the bonus space underfoot. Finishing a basement greatly enhances your home’s value right along with your family’s comfort, especially when it comes to accommodating multiple generations under one roof.
Basements can serve as valuable bonus living areas, whether transformed into full-fledged apartments, home office retreats or entertainment zones. And finishing an otherwise unused basement is a cost-effective way to expand your home’s livable square footage, without the environmental impacts that accompany an addition or other new build. Just consider a few of the advantages offered by finishing this valuable bonus space:
- If you’ve been in your home for a while and have built up equity, it’ll likely be easier to finance a remodel with a home equity line of credit than to secure a mortgage to buy a whole new home.
- Depending on where you live, a mid-range home addition can cost hundreds of dollars per square foot, while renovating an existing basement space will cost far less.
- As you transform your basement into a new living space, you’ll also be able to reclaim main-floor areas whose intended uses went by the wayside as your living situation became more crowded. For example, you can move that treadmill out of the bedroom and into your new basement gym.
- You’ll be turning an underused space into an asset that will not only enhance your current enjoyment of your home but add dollars to the selling price when you finally put it on the market someday down the road?after the real estate market’s inevitable recovery.
Finishing a basement can be a complicated job, however, and it’s generally beyond the scope of most do-it-yourselfers. One of the quickest ways to transform the space is with a comprehensive solution like the Owens Corning Basement Finishing System™. Wall panels with built-in thermal and acoustic insulation are professionally installed around the room, instantly turning a concrete basement into usable space without the months-long disruption and mess of a traditional drywall method. The panels are also mold and mildew resistant, with durable dent- and stain-resistant construction that makes a perfect backdrop for any room design you have in mind.
Here’s yet another reason to consider remodeling that basement space with the help of Owens Corning: you can now enter to win a Basement Finishing System for your own home! Visit www.basementfinishingsystem.com for entry information and more details on basement transformations with the Owens Corning Basement Finishing System™.
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Great information ... also, if you're BUILDING A NEW HOME, then it's really cool to start with Superior Walls precast concrete wall foundations to max out that basement!