Many of our potential customers are trying to determine if and why they should get a finished basement. In fact most are weighing the pros and cons right now.
I can’t speak to the list of cons that each individual homeowner will come up with. Sometimes, for whatever personal reasons there are, it may just not be the right time for someone to refinish their basement.
However, for those potential customers who are in a situation that allows them to consider this decision, allow me to give you a list of 5 reasons as to why you should get a finished basement for your home.
1. Increased home equity
A finished basement is a great way to increase the equity in your home. In many cases a home’s appraised value is determined by the finished square footage area in the house. Having a finished basement increases that number dramatically and therefore increases the value of your home.
2. Increased living space in your house
In many cases a house’s basement is the same size if not larger than the first floor. This means that finishing your basement can increase the living space in your house 33% (for an average two story) to as much as 50% (for an average ranch). It can literally feel as if you doubled the size of your house just by adding a finished basement.
3. New opportunities for entertainment
No one finishes a basement just so they can have new carpet and drywall downstairs. Homeowners want to do something with that area. They could choose to install a new home theater system in their finished basement, or they may choose to install a gym. Some of our clients have done both. Either way a newly finished basement will have the ability to entertain in so many different ways depending on the customer’s wants and needs for the space.
4. Ability to cut costs on entertaining, eating out, travel expenses, and possibly gym memberships
All of the entertainment your finished basement will provide you with will also help you cut down on other expenditures. We typically see a decrease in our clients’ entertainment expenses as they are eating out less, going to the movies less, cutting down on travel expenses and, if they had a gym installed, eliminating the expenses of a gym membership.
5. Spend more time with family and friends
Last, but certainly not least, is a benefit that is worth more than all the others. Having a newly finished basement in your house provides you the opportunity to spend more time with family and friends. Our clients want to use their space. They want to have fun and entertain and what better way for them to do that than to invite their friends and family over.
There are certainly many more reasons to finish your basement then the five that are listed above but these five are typically the ones that are the staple results of all our clients’ basements. So give call Marvelous Basements today and let us show you what a newly finished basement can do for you and your family.