Is your basement dank, dark, or outdated? We all know that basements get a reputation for being damp, dark, cold, and dirty; however, they do not have to! So, would you like to transform your basement from a rarely used storage area into a fresh, vibrant and versatile space you can use for almost anything? Below are some basement remodeling tips to help get you started.

Basement Remodeling Tips – Benefits

If you are looking to add a little more space to your home and have a basement, then you should consider remodeling your basement rather than adding on to your home.

If you are ready to turn your dreary and drab basement into the versatile and functional space you have always imagined, here are some fantastic tips to help you get the most bang for the buck.

Basement Remodeling Tips (Ideas for Medium to Big Projects)

Add a Bedroom and Bath

An extra full or even half bath and basement bedroom will not only make a perfect suite for guests, in-laws, and growing teens, but they will also boost the value of your property. 

And did you know that basement bedroom and bath remodels cost much less compared to removing exterior walls with a home addition? Before remodeling, think about the people who will sleep in the basement as well as the amenities they will need. This will help you determine the most suitable dimensions for this amazing basement remodeling idea.

Build a Sturdy and Appealing Staircase

If you are remodeling your basement, it is best to start with the first thing that you see when you open your basement door – the stairs. This is very important. You may have basement stairs, but are they really appealing and sturdy? 

Do the stairs invite you in to the space or just make you turn right back around? Similar to most home improvement projects you will undertake, it is essential to make sure your basement stairs are fully up to code. 

Quick and Easy Basement Remodeling Tips (for Low-Budget Projects)

Reduce Moisture in your Basement

If you have a basement, you know that it tends to collect moisture, and this can lead to mold and mildew problems in the long run.  

Before you take some simple steps to reduce excess moisture in the basement, you should have someone come and check the foundation of your home to ensure a crack is not the primary source of the moisture problem. Keep in mind that the last thing you would like is to finish your basement during winter and have it flooded come spring. 

So, thoroughly inspect your space for cracks and crevices and signs of moisture before you remodel. Once you have determined the foundation is not an issue, you should have your sump pump, as well as plumbing, checked for any problems.

Light Right

Did you know that pot lights are a trendy and popular choice in many basements? This is because of their low-profile and elegant design, which tends to pair nicely with low ceilings. Unfortunately, these lights can cost you a pretty penny. When your budget does not allow for pot lights, you can also opt for track lighting. 

On the other hand, installing two ceiling lights with equal distance between them feels more modern than the conventional single light in the middle of your room.

Last words…

Whether you have a small or big budget for this project, these basement renovation tips are sure to make a difference in your least favorite room in your house.

If you are searching for ways to get some funding for your basement renovation project, you may opt to get equity from your home via FHA’s Cash Out Refinance Program.

Update your home and increase its value, at the same time!

(READ: Home Improvements? Try FHA Cash Out Refinance (“Refi”))