Obvious signs are pools of water or drips coming through the below-grade walls or around windows and the bilco door. Keep It Dry Check for any water issues in your basement before beginning the planning process. This is particularly important if you’re planning plumbing, heating and electrical work, which most likely will need to be inspected. It’s also time to check with your local municipality to see if you’ll be required to get any permits. It would be great to convert unused space to additional living space, but does your basement meet the building code requirements for livable space? You must be in compliance with codes for ceiling height, and egress windows and/or doors. In all of these spaces, separation from the main living areas can be a plus! Before you get started on your renovation, here are several things you need to know: Know the Code Finished basements are particularly conducive for use as media rooms, music rooms, a home office or a recreation room. Improvements should be done to both enhance your lifestyle and to increase your homes’ selling potential. As with most remodeling projects, rarely does anyone get a 100% return on their investment. The average basement remodel recoups about 69% of the original cost, according to the “2015 Remodeling Impact Report” from the National Association of Realtors. Also, a well-finished basement can add value to your house when you go to sell it – just don’t expect to get back all the money that went into it. It provides additional living space for a fraction of the cost of an addition to the house – the walls are already there, electrical and plumbing lines are easily accessible, and no additional foundation supports are necessary to start construction. Finishing a basement can bring you a double bonus.
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