In new construction it is common for a builder to deliver a newly constructed home with an unfinished basement. The cost to the new homeowner can vary from a few thousand dollars to considerably more depending on how and to what level the basement is finished.
Before deciding on whether to invest monies to finish a home’s basement there are several factors to consider.
To finish or not to finish?
To finish or not finish a home’s basement is an important question. In deciding whether to make the investment, consider the following questions:
- Once finished how will the space be used?
- Will the space be utilized daily or occasionally?
- What will the construction cost per square foot?
- Will it add value to the home?
- How will the construction/renovation impact the home’s resale value?
Popular finished basement features
With an open space to design and a blank slate, there are a number of options as it relates to the design possibilities. Depending on your space, you may also be able to combine spaces or divide your basement layout into zones allowing for various activities to take place in the finished space.
Popular finished basement design options:
- Home Theaters
- Home offices
- Home gyms
- Family rooms
By Cathy Hobbs, Tribune News Service (TNS). Cathy, based in New York City, is an Emmy Award-winning television host and a nationally known interior design home staging expert and short-term rental/vacation home designer with offices in New York City and The Hudson Valley. Contact her at [email protected] or visit her website at cathyhobbs.com.