Basement Finishing Projects That Can Add Value

If you’re planning on purchasing one of the Grand Forks ND new homes with a basement, it may be worth your while to make it a finished basement. Even if you don’t decorate it immediately, simply by being ready to use it can increase the value of your home.

A finished basement provides you – and future buyers – with more space to adapt to your needs and wants. Additional living space that is flexible is always going to appeal to buyers. Plus, with a finished basement, you can often create multiple spaces so it fits a range of needs.

Many homeowners turn at least part of their finished basement into a home gym. The money you save on a gym membership can go toward the equipment you specifically want. Plus, with it right in your own home, it’s a lot easier to convince yourself to do that workout. Consider adding at least a partial wall of full-length mirrors to check your form in a space dedicated to lifting weights, as well as everything from cardio workouts to yoga. Other parts of the space can be dedicated to various machines. Add in a TV, stereo, a small fridge for drinks, and other items that will make your workout more enjoyable and convenient and you and your home will benefit!

A home theater is one of the most common – and highly popular – additions when finishing a basement space. Best of all, it can be used for music or movies, often with some crossover. Audiophiles will love having a dedicated space for top-quality speakers, stereo equipment, and their music collection. Movie buffs will enjoy space for that really big high-def screen that may be too much for a regular family room, and you can set up surround-sound speakers for the full movie experience. Plus, it’s always great for watching sports with your friends and family. Homes with their own media/theater room often see an increase in value up to 10%.

Another great option that provides plenty of opportunity and flexibility is to turn the basement area into a guest suite or even an apartment. By creating a space with its own separate bedroom, bathroom, sitting area, and ideally a small kitchen, you always have a place for family or friends to stay comfortably. It’s also great for families considering multi-generational living, as it provides more autonomy and privacy for everyone. It can also be rented out potentially, which can bring in money now, not just in the future when selling the home.

Think about your wants and needs and figure out how to make the most of your finished basement to best fit your lifestyle. It will make your home more appealing and useful for you now and will likely appeal to buyers in the future. If you’re looking for Grand Forks ND new homes with or without basement options, contact us today to help you find the ideal home that is right for you.

Categorised in: Basement Finishing Projects That Can Add Value, Community Profile, Finance Tips, New Home Tips

This post was written by Crary Real Estate