The home that you visited over the weekend had a basement like you had never seen before. You have seen some home theater installations before, but this basement was completely different. It seemed, in fact, that nearly every detail had been considered. And while you have completed some home remodeling renovations of your own, you have never had the budget to include a theater design. This model home, however, has you thinking about the next plan that you would like to implement.
Even thought the average basement remodel has as much as a 70% return on investment (ROI), there are many home owners who cannot find the money to make the improvements that they want. Waiting until you have saved enough to make the improvements that you want, though, can actually pay off in the long run. Consider some of the following ways that many Americans upgrade their basement spaces:
- Entertainment Space. From surround sound to the latest high definition digital televisions, many home owners never need to pay the price of a theater ticket again. By investing in the best entertainment technology that is available, home owners make sure that they make the most of their entertainment space.
- Home Office. With more and more Americans having the option of working at home, it should come as no surprise that a growing number of people are converting at least part of their basement into a work area. With the opportunity to get some home office deductions, a basement work space can be especially beneficial.
- Craft Area. From scrapbooking to quilting, many home owners make the decision to add lots of storage spaces as well as large work areas to their remodeled basement areas. With an organized area dedicated to your craft, you might be surprised to find out just how much you are able to accomplish.
- Game Room. Pool tables, gaming consoles, and many other options are an increasingly popular way to use the additional space that is in the basement. Knowing that your kids and their friends are going to gather at your home is a great way to make sure that you are able to keep track of what is going on. These popular spaces are also a great fit for adult gatherings, including a work party or a family reunion.
- Extra Living Space. Although many families have the luxury of using their basement as an entertainment, craft, or office space, the fact of the matter is that many Americans simply need to make sure that have room for an extra family member to live with then. By building in a kitchen, a bedroom, a bathroom, for instance, many families can easily accommodate a parent or grandparent who needs to move in.
Although as many as 35% of remodeling jobs involve a whole home renovation, there are also a number of Americans who pay special attention the plans that they have for their basements and take care of these projects at a separate time.