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Data collected by Remodeling Magazine suggests that, on average, basement remodelers recoup 70% of their investment.
Unfortunately, not all remodels are created equal.
Some upgrades may not be worth the expense and could end up costing you more than you expect.
Here are the seven basementrenovations he says youll regret.
Poor craftsmanship, improper permits and not adhering to building codes, to name a few.
Most projects are better left to the professionals, particularly when it comes toremodeling and renovations.
DIYers frequently get in over their heads when it comes to major renos.
Consider at least consulting with a contractor before knocking down any walls.
Unfortunately, most basements are not equipped with adequate plumbing.
Improper plumbing can cause serious problems and cost tens of thousands of dollars in damage.
Cutting corners could lead to much higher repair costs in the future, he explained.
Installing wall-to-wall carpet may feel nice on your toes but prove to be a bad investment overall.
Colten said, Although warm and cozy, it is highly susceptible to mold and moisture issues.
He noted it could cost you $3,000 to $6,000 every time there is a problem.
Cheap Flooring
What kind of flooring you put in your basement can become a critical decision.
In addition to rethinking wall-to-wall carpeting, you will want to forego cheap laminate.
The problem with basements is that they can trap moisture because they are underground.
Flooring that cant take moisture is susceptible to warping, Colten said.
Are you hoping to sell down the road?
Then you are going to want to think twice about turning your lower floor into a single-purpose room.
Things like a home theater or gym can limit the space, Colten said.
For basements, this may mean making sure you have adequate egress windows.
An egress window provides an evacuation point in case of a fire or other emergency.
Failure to put one in your basement can be costly and dangerous.
Going against building codes can limit the marketability, Colten said.
He explained egress windows cost between $3,000 to $5,000 per window but are a necessary expense.
It is important to check building codes before installing to ensure that your window meetsall statutory requirements.
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