Leaving your Heart in the Basement: Reasons for Basement Finishing

Author: hughexley | Posted: 18.05.2012

Home improvement projects are the surefire way to increase your home's resale value and overall living conditions. Unfortunately, many homeowners confine themselves to improving only certain areas of the house like the kitchen, bathroom, and the living room –mainly because these three offer the highest return on investments. What they may not know is that other home improvement projects, like finishing the basement, also provides a wide range of benefits.

Basements are usually at the bottom of a homeowner's "to-renovate" list because people rarely go in them, and if relegated to a junk or storage room, are the least favorite parts of the house. In truth, finished basements are very attractive to buyers and realtors, particularly those which are clean, dry, and structurally sound. According to Remodeling Magazine's annual Cost vs. Value Report, finished basements offer a whopping 66 to 78 percent ROI. Basement remodeling is also quite easy on the pocket, coming only with an average price of nearly $65,000.

For a basement finishing novice, you're probably wondering where your money will go for the project. According to Robert Kalmin, a high-rated contractor of RJK Construction, the cost breakdown for basement remodeling projects is about 20-25 percent finished products, and 70-75 percent labor and expenses. However, the total cost of the project will be determined by the scope of your remodeling plans.

Another reason why basement finishing gets the least priority among many homeowners is because they have no idea when to remodel. Look for significant moisture, be it a pool or trickle of water along the floor, or molds forming on the wall. Water damage in the basement can cause damage to the floors, wall, and anything stored in the room.

Colorado Springs residents will benefit a lot from basement finishing. The reason is that the city receives approximately 16.2 inches of annual precipitation which comes with a mix of rain and snow. Evidently, there's a huge chance water may seep to your basement and cause a lot of problems. But with basement finishing Colorado Springs homes have, owners of these homes have been resting easy that their walls and floors have been kept moisture-free and watertight.

Colorado Springs basement finishing contractors will ensure your area is properly waterproofed and insulated. Additionally, a finished basement provides energy efficiency as it is often the coolest part in the house. You can cool off down in the basement during the hot and humid summer months.

Once your basement project is accomplished, you may want to consider working on your garage next. Garage builders Colorado Springs residents trust are more than willing to help you perk it up. To read more on basement finishing and garage remodeling, log on to GuideToImprovement.com for in-depth info.



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