As I am sure you are well aware, your home is possibly one of the biggest investments you will make in your lifetime. Maximizing the value of your home (aka investment) through remodeling projects is a great way to increase your home’s value, if you are aware of which projects will earn you the best ROI (return on investment). One of these high ROI projects is the remodeling of your basement. This is not only a cost-effective project for the value it will provide for your home, but also offers a potential massive increase in living space.
Understanding ROI in Basement Remodeling
The term “ROI” when used in reference to home remodeling can require a better understanding of what investments to make then conventional investments most people are used to. The growing trend of basement remodeling (in my opinion) had sparked during the COVID-19 pandemic, people were trapped inside their homes with children, pets and possibly annoying spouses! The need for additional space started to become evident especially when home offices were becoming imperative to earn an income. A well-executed basement remodel can offer much more than just an office. In addition, attract potential buyers in the future and increase the overall marketability of the home.
Adding a Basement Bathroom
When thinking about a basement remodel, think in terms of adding an entire floor to your home! There is a plethora of benefits when it comes to adding a bathroom into your basement remodel. First, the increased convenience and potential to create a self-contained living space absolutely offers multiple advantages. For example, a basement used primarily as a play area (where you can hide messy toys) will prevent your children from making multiple trips up and down the stairs to use a bathroom, we all know the more we keep our children away from the stairs, the more accidents that can be prevented! Furthermore, the convenience of a basement bathroom speaks for itself, especially when using your basement for an office space or gym area.
Out of sight, Out of Mind
I am sure you have tripped over Legos, stumbled on toys you’d swear were placed to cause your death, not to mention the anxiety expecting guests over and seeing an absolute mess of toys. Your basement can now be like an entertaining dungeon for your kids! The storage a basement can provide, the mess you do not have to see in your main living spaces and of course the noise reduction of screaming and crying is enough to make you call us today for a free estimate!
Wrapping Up
As I mentioned, a basement remodel is basically adding another floor to your home. The ROI on a project like this cannot compare to other common renovations such as a new kitchen or bathroom. The possibilities are endless when it comes to designing a new space for your basement. At MJF Home Upgrades, not only do we provide a free (detailed) estimate, but also a free 3D rendering of what your potential space could look like. Not to mention, we were National Contractor of the Year 2023 for basement renovations. What do you have to lose? Give us a call today at (516) 695-2909.
Thank you,
Michael J. Farrugia
President/Owner
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