If you’re looking for a cost-effective way to add more space to your home, you may want to consider remodeling your basement. According to experts, transforming an underutilized space into a home office, a playroom, an entertainment area, or an extra bedroom will cost about $20,000 to $50,000, which is half the price of creating an additional room in your home.
Giving your basement a makeover is a practical way to revamp your home. Moreover, it’s an easy way to boost your home’s value. In the United States, it has been estimated that finishing a basement will give you a return of 70 to 75% of your investment. So pull up that tired old shag carpeting, do a thorough clean-up, and follow these tips to give your basement a modern look.
Do a thorough inspection
Before you add anything new to your space, conduct a thorough inspection to check if there are things that you should do before remodeling your basement. Make sure that your basement is waterproofed before starting your project, and check for moisture as there’s always a chance that mold can grow on your walls. You should also check to see if there are any electrical wires in the space that need to be fixed. You may want in invest in an electrician to confirm that everything is up to code. Once you’ve determined that everything is in tip-top shape, clear your basement of everything before remodeling.
Apply a fresh coat of paint
Nothing brightens up a dreary space better than a fresh coat of paint. You don’t have to go for basic white paint—bold colors can work too, depending on what you intend to do with the space. A basement that needs a lot of natural light will benefit from a warm yellow. A muted blue or green can be calming, so it’s ideal if you’re planning to turn your basement into a spare bedroom. A deep red color on the walls will work if you want to transform the space into a media room.
Revamp your storage
Basements are typically the ideal place for storing everything you don’t want in the rest of your home, so they tend to accumulate clutter. Those plastic bins that you use to hold sports gear, seasonal clothing, or holiday decorations need an upgrade and you’ll want to make sure you plan ahead for the likely event that more things will find their way into the basement in years to come. At Modify, we design the perfect storage cabinets with colored sliding panels to store your things and keep them out of sight.
Add mirrors and lighting
Mirrors can make a small space look bigger. Hang mirrors with modern detailing, and to make the room even more spacious and lighter, opt to have an open floor plan in the basement. A mix of recessed lights and decorative lights give additional illumination to all the nooks and crannies in your space.
Upgrade your flooring
Hardwood floors may not be a great idea for a basement as wood expands and contracts with humidity changes. Instead, opt for engineered wood floors. The layers of wood can handle heat and pressure, so your floor will continue to look good through the years.
These are just a few things that you can do to give your basement a modern feel. Experiment with artwork, fabrics, textures, and colors to get the look that you want so you and your family can enjoy the space for years to come.