Basement Remodeling Basement Renovations Improve Your Home, Improve Yo | Page 13

4 INTELLIGENT BENEFITS OF
RENOVATING A BASEMENT
• Adding an Additional Bedroom
•
Homeowners can increase the square footage of their home with basement renovations. By finishing
their basement space, they can possibly add one or more additional bedrooms to their home.
• Adding an Additional Bathroom
•
Rather having only one bathroom, having a two-bathroom home can be appealing to those in the
market for a new home. Of course, adding a bathroom to your basement requires more than just
drywall making is costlier.
• Property Value Increased
•
Renovating a basement will increase the value of your investment property. This is considered a great
return even though it is possibly not considered “livable square footage” by Market Listing Service.
• Income Property
•
Whether you have plans to quickly sell an investment property or maintain it as a multifamily, you can
add a rental unit with basement renovation. This is dependent on zoning department approval in your
area, however.