Thursday, September 24, 2009

Basement Finishing: Tips For Making More Cash

By April Kerr

With the majority of houses having basements, people need to see the potential they have other than serving as a place to store unwanted items. Many of these that are finished were done so by using less than desirable construction materials, and worse, no viable plan whatsoever. But, much income potential in basement finishing exists if it is done right, by renting it out.

There are however many things to consider when planning a basement renovation. Size must always be considered. With that said, a good sized bedroom with ample closet space is absolutely necessary in order to rent the space.

Yet again, with space in mind, the kitchen must be designed appropriately to let all the basic appliances to work properly. Also, an eating area, needs to be within the plans too. The laundry room, whether on its own or incorporated into the kitchen or bathroom can also increase the amount of rent you may get from possible renters who would find this incredibly suitable.

The bathroom is a really significant part of the entire plan. The majority of basements cannot offer enough space to include all the necessities on one floor. As such, a bathtub may not be the perfect solution. In such cases, a standup shower would most likely be optimal. In addition, you will be faced with making choices on the subject of a sink. For instance, pedestal sink, or a sink with a vanity. While the former is gorgeous, it might not be the most practical, owing to the fact that the latter offers storage space.

There are a huge number of choices that must be made in designing your basement: the entry must be practical and allow for a coat rack or closet. The flooring must be thought about also. You'll need something that will last, but looks good and appealing. Insulating the premises properly is also in order.

Lighting plays an important position in the overall appearance of the basement. Owing to the fact that basements lack natural light, you must be sure that the whole space is well lit. Not only should the entire ceiling have lights splashed throughout, as with track or recessed lights, there should additionally be wall sconces that create ambiance. In addition, connecting all lights to dimmers is especially clever.

Aside from potential income, a well finished basement may well put money in your pocket when it comes to selling the property. Buyers are always looking for further space. With that said, it is is important that your basement has a good plan and a great layout, along with quality materials.

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