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If you're lucky there's an unused and open space in your home that can be renovated to meet your needs. It's your basement and it may have a lot more potential than you think.In fact, with some careful planning your basement can become one of the most attractive and sought-after parts of your home.
Much more cost-effective than adding another level or addition on to your home, a basement renovation project can not only add additional living space, with proper insulation and air-sealing it can increase the energy efficiency in your home as
Do a very detailed plan of what you want the finished basement to look like, right down to furniture placement so that you have a good idea of how it will all fit together. Spend time with the drawing to think about all the possibilities. It's a lot easier to make changes on paper than when the walls are already up.
Next step is your budget. Although you've probably been thinking about money since you first thought about renovating your basement,now is the time to figure out exactly how much your plans will cost.Talk to contractors or head to the hardware store-or both- to get an idea of how much your plans will cost.It may be that you will have to either change your original plan or do it as you can afford it and each year finish another room as more money becomes available. As a general rule it's best to rough in all the connections now for later installations and deal with things such as adding air vents and replacing or enlarging windows first before drywalling, installing the flooring and adding lights. Save the actual decorating and furnishing part until the end.