Do you currently have an unfinished basement with lots of untapped potential? It’s time to transform it into a place you love to spend time! In addition to increasing enjoyment for your family, there are other great reasons to complete a full basement remodel, including adding more livable space to your home and increasing financial return on investment when you decide to sell.

Types of Basements

The approach to a basement renovation is heavily influenced by the type of lot the home sits on. Most basements fall into one of three categories, depending on how they were constructed on the lot: walk-out, standard or garden-level.

• A walk-out basement is built on a heavily sloped lot with the foundation partially or completely above ground, and at least one wall above ground level. It has an exit door that provides full access to a backyard or patio. This walk-out design also allows for installation of standard-size windows that permit natural light to illuminate the space, making it more attractive. Due to these benefits, a walk-out basement generally provides more value per square foot.
• A standard basement sits a few feet above the ground, with the foundation built into a flat lot. A set of stairs is used to navigate from the main floor to the backyard below. A deck may be constructed off the main level, right above the basement. This basement can only incorporate egress windows since the basement walls are below ground, therefore it may seem less attractive to buyers. However, if you want to add a theater room or man cave when finishing your basement, the dimmer lighting downstairs could be a big plus!
• A garden-level basement is a hybrid of the two previous types. Its lot has some slope but not enough height above ground to allow for a walk-out exit. It can have a combination of egress and standard-size windows for lighting but typically won’t have a door to the backyard.

Adding More Livable Space

If you want to finish your basement to enhance your lifestyle, think about how you will use it and add rooms that meet those goals. If you lean toward the practicality of finishing a basement to boost resale value, you will also have to consider how the average buyer in your real estate market would use the space. A bedroom, bathroom, family/game room, in-law quarters or home office are some of the most common additions. Remember, you will recoup the cost of remodeling only if your basement satisfies the needs of future buyers too.

Here are some tips that could increase the return you get on your finished basement space.

• Start with a radon test. Before you plan to remodel a basement, take the time to test for radon. This radioactive gas can seep through cracks in a basement foundation and is known to cause lung cancer. Because you cannot see, smell or taste it, it’s essential to conduct testing to detect its presence. If radon is above normal levels, Gateway can install a radon mitigation system to ensure safety.
• Use a professional contractor to complete the project. A homeowner that invests in their project by using an experienced company to safely and legally execute a basement remodel will nearly always recoup more of the overall remodeling cost. Gateway offers turnkey basement finishing services, from design and permitting to the final touches.
• Address moisture issues. While basement moisture is less prevalent in Wyoming due to our semi-arid climate, foundation problems can still allow water to seep into a basement and lead to damage and mold growth. Have a professional contractor check for evidence of moisture issues and address them prior to finishing the basement.
• A proper HVAC system will include enough heat supply and cold air returns going to and from the furnace to circulate air and keep the basement at a comfortable temperature. If there is a bathroom, an exhaust fan must be installed to promote proper ventilation and avoid mugginess.
• A finished basement with lots of open space and natural light will likely result in a higher ROI than one that includes small, closed-off rooms. Open space that is easily reconfigured allows for more flexible use of basement square footage. For maximum ROI, add at least one bedroom and bathroom.

Focusing on Finishes

While you don’t need to splurge on expensive finishes in a basement — no one expects the basement to be nicer than the main living area, after all — it’s important to choose fixtures and finishes that make sense for the space. 

Start by evaluating the lighting. A well-designed lighting plan can compensate for a lack of windows and natural light in a basement that isn’t a walk-out. Since most basements have lower ceiling heights, the use of recessed lighting can be a great solution to create brightness without causing fixture clearance issues.

Select moisture-resistant options for basement flooring. Luxury vinyl flooring offers the look of wood with excellent water resistance and durability. Tile is another nice option that stands up to moisture. For a warmer feel, choose a low-pile carpet with a moisture-resistant pad underneath.

Gateway Can Complete Your Basement Remodel

With the right plan and the right contractor to execute it, your basement can be transformed from a dark storage space to a vibrant part of your home’s living area. Gateway specializes in full basement finishes that enhance enjoyment and value for our clients. Contact us to discuss your project by calling (307) 632-8950 or contacting us online. Let’s start building your future today!