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Factors Affecting the ROI of Your Basement Remodel

Factors Affecting the ROI of Your Basement Remodel

Remodeling your basement is a cost-effective way to get more functional square footage without having to build up or out through a home addition. For this project, the first step is to figure out how you’ll use the remodeled space. You could turn it into an entertainment center or a home office setup. You also need to make sure that the renovation will provide you with a healthy return on investment (ROI).

 Basement Remodel

This will depend on several variables. Trusted home repair and improvement contractor Northside Construction Services, Inc. discusses them below.

Real Estate Market

A finished basement could be worth a lot in the long run, especially if you live in an area with a competitive real estate market. Space is usually at a premium in larger and more crowded cities. The additional square footage that a finished basement provides can help you yield a healthier ROI.

Choice of Materials and Furnishings

When planning a basement finishing project, make sure you select the right materials and furnishings carefully. With a new space to work with, it’s easy to get carried away by splurging on top-of-the-line features and finishes. If you’re on a budget, look for middle-of-the-road but dependable items. For instance, consider ceramic tiles instead of hardwood flooring. If you plan to build a bar in your basement, pick engineered quartz instead of a marble or granite countertop.

Flexibility

Most basements lack windows. Rather than dividing the area into several closed rooms, you can open up the area by implementing an open-concept floor plan. This flexibility allows you to change the function of the space in any given situation. Moreover, you’ll enjoy your basement even more because the space is airy and comfortable to be in.

Northside Construction Services, Inc. specializes in professional basement finishing. Our team can guide you through the entire process, helping you find a design that best fits your preferences in both style and function. We are committed to providing 100% satisfaction in every aspect of your new basement.

Count on us for your kitchen and bathroom remodeling needs as well. Call (678) 233-2400 or fill out our contact form to request a free estimate. We serve homeowners in Cumming, Johns Creek and Lawrenceville, GA.