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6 Reasons To Perform Basement Renovations

1. Adds Space

Adding an extra room to your house is a costly and time-consuming task; not only does renovating your basement involve less effort and time, but it is also an excellent approach to maximize the available space. You might transform it into a bedroom complete with all the amenities you wish, or you can utilize it for some functions such as a game room, theater room, office or children’s playroom.

2. Increases Your Home’s Value

If you’re considering selling your home, keep in mind that an unfinished and messy basement will turn off potential buyers. However, a renovated basement that’s orderly and clutter-free might help you increase the pool of potential purchasers. Thus, it contributes to the value of your house.

3. Reduces Energy Bills

Without adequate insulation and ventilation, an unfinished basement can be a source of energy loss and result in higher electricity costs. On the other hand, a well-renovated basement helps maintain a comfortable temperature in your home and reduces air leaks and energy inefficiencies.

4. Guest Rooms and Rental Space

By choosing custom basement renovations, you can transform your basement into the ideal location for a guest room. Additionally, this calm and secluded room is great for renting, as tenants enjoy increased privacy. Furthermore, it is a simple and successful method of generating extra revenue.

5. Space for Entertainment

Basements offer superior acoustics, ideal for an entertainment area or home theater. You can install comfy chairs and a state-of-the-art home cinema system and host parties, or just enjoy peaceful movie time with friends and family. Additionally, you won’t have to worry about annoying your neighbours with the noise.

6. Enhances Safety

By renovating your basement, you can avoid various issues, including water leaks, mold development and gas leaks, all of which can compromise the foundation and integrity. This is a prudent strategy for avoiding extensive damage to your basement and accompanying costs.

How To Make Your Basement Ready for a Rental

Defend Against Moisture

If you sense anything musty and stale in your basement, it can leak. Because basements are more prone to leakage, keep an eye out for signs of dampness. Make a significant investment in high-quality waterproofing as part of your basement renovation plans (to minimize future leaks).

Examine for Mold Growth and Insects

Additionally, basements are more prone to mold; this is why you should inspect and fix any impacted areas regularly. Additionally, use pest treatments to prevent any insect infestations.

Select the Appropriate Flooring

When it comes to custom basement renovations, it’s critical to choose the right flooring material, since basements tend to be rather chilly. This will assist you in keeping the environment warmer for an extended time. 

Increase Storage

Storage space is critical when renovating a basement in Moncton, since renters in the city usually choose basement apartments with enough storage. Clear out your basement and make necessary improvements to ensure they have enough room to live comfortably.

Install Professional-Grade Lighting Fixtures

Due to the lack of natural light in a basement, it’s beneficial to choose brightening improvements. As part of your basement renovation, it’s a good idea to use better lighting and paint the walls a lighter hue. Additionally, you can add string lights, tall floor lamps, and bedside lights so as to make it seem sleek and cheerful.

Consider Basement Fireproofing and Soundproofing

Recognize and adhere to your municipality’s ordinances and restrictions. Consider additional fireproofing aspects to secure fire exits such as fire-rated doors, alarms and more, along with fireproofing and soundproofing the basement to preserve your privacy and that of your renters. Additionally, as part of your custom basement renovation duties, add security locks to safeguard their protection.

Basement Fireproofing and Soundproofing

To find out more about the numerous benefits of basement renovations, speak with our experts at NYCO Renovations. Visit us online or call us in Moncton at (506) 866-3996 today.