What renovations increase home value the most?
Basements! Renovating and Finishing

One of the best ways to increase the value of your home is to renovate your basement. A basement renovation can add a significant amount of living space to your home, as well as increasing its resale value. If a basement is not fully developed, then finishing the lower level is perhaps the best way to increase the value of your home. We'll discuss the many benefits of both renovating and finishing your basement and how these projects can provide more value to your property.
There are many benefits to finishing or renovating your basement, including:
1. Increasing the overall living space in your home.
Although some basements may be finished, the space may not be utilized properly to provide the maximum amount of living area of your home. Renovating can ensure you're optimizing every square inch of your home which will increase the overall value. If the space isn't developed yet, then you have a blank canvas to create the perfect basement for your family. You may want to add an extra bedroom, bathroom, living area or even a home theater.
2. Adding an extra bedroom or bathroom.
Adding an extra bedroom or bathroom is by far the best way to increase the value of your home, as long as it is done properly. If you're able to add a full bathroom, then this will have the biggest impact on your home's resale value.
3. Creating a more comfortable living environment.
Whether your renovating or finishing you can always create a more comfortable and appealing living space for your family. By adding proper insulation, soundproofing and even heating and cooling you can make your basement a more enjoyable place to spend time.
4. Improving the energy efficiency of your home.
Increasing your homes efficiency to lower energy bills is not only good for the environment but also your wallet. By properly sealing your basement and adding insulation you can make a big difference in your energy consumption.
5. Adding equity to your home.
Of course, one of the main reasons people renovate or finish their basement is to add equity to their home. By increasing the value of your home you're also increasing your equity, which can be used for future investments or even to help with a down payment on another property.
If you're considering a basement renovation or finishing project, then be sure to hire a professional company who has experience with these types of projects. Basement Renovations London is a trusted basement renovation company serving the London, Ontario area.
The bottom line is that whether you're renovating your basement or finishing the undeveloped space, it's a great way to add value to your home. If you're looking for ways to increase the value of your property, this is definitely a project worth considering. For more information or for a free quote on your next project please feel free to get in touch with one of our dedicated team members today, we look forward to hearing from you!
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