Reasons to Update Your Basement Apartment

A basement apartment offers a huge home improvement opportunity for homeowners. Unfortunately, a lot of them choose to ignore it.  

A lot of homeowners do not know what to do with their basement apartments. Because of this, they simply leave it the way it is – an isolated and dark room. 

However, that shouldn’t be the case at all. You can transform your basement apartment into a small living room if you have the budget.  

So, why should you upgrade your basement apartment? Well, here are a couple of reasons you should know. If you’re convinced, don’t hesitate to hire a basement renovations Calgary contractor for help! 

Basement Upgrades Don’t Need Expensive Materials 

A lot of homeowners hate the idea of updating their basement apartment since they think that it is a project that requires expensive materials. Unfortunately, that isn’t the case at all. You do not require luxurious finishes in your basement.  

If you use low-cost materials, you can easily save money on this home improvement project. You should leave the high-end materials for the rest of your home, such as the bathroom or kitchen. 

Basement Apartments Can Serve a Couple of Purposes 

There are a lot of ways you can transform your basement apartment. This includes a storage room, a guest house, a place for recreation, and much more. All you need to do is to upgrade it.  

If you’re planning to sell your house in the future, a finished basement is something a potential buyer will like to see.  

The idea of transforming an isolated room into valuable space for several purposes is a major bonus that will easily attract potential buyers. Because of this, you can sell your house even faster than you might expect.  

Even if you’re not planning to sell your house, upgrading your basement can still be extremely useful since you and your family can enjoy it.  

Add Space to Your Home 

A basement apartment enables you to add a functional room to your home without going against any zoning restrictions in your neighborhood.  

Thus, if you’re located in a neighborhood with zoning restrictions, you can get the additional space you desire by simply updating the basement of your house.  

Return on Investment 

One of the biggest benefits you’ll get if you update your basement is the huge ROI you’ll gain. For those who don’t know, the ROI for updating a basement apartment can be as high as 70% to 75%.  

Add an Additional Bedroom 

If you upgrade your basement, you can easily increase the usable space of your house. For instance, you can add 1-2 bedrooms if you upgrade the basement section of your home.  

The additional livable space in your house will greatly increase the value of your property. Potential buyers will find it attractive if you’re planning to sell your house down the line.  

Aside from that, adding an extra bedroom in your house will also increase the price that a potential buyer has to pay when he/she purchases your home. Because of this, you’ll earn more in the future.  

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