Remodeling your home's basement is a great way to increase the living space in your home without the expense of a major construction project. With the exterior walls and floor already in place, the cost of remodeling a basement can be tailored to fit nearly any budget. Keeping your remodeling plans practical, and having a willingness to get your hands dirty, can help reduce costs and offer a cost-effective way to complete this common home remodeling project.
For any basement remodeling plan to be cost effective, some sense of practicality is necessary. Projects such as large bathrooms, kitchen areas and elaborate lighting can add up to big bucks. Consider installing only a half-bath rather than a full bathroom, a drop ceiling to cover electrical and plumbing for the upper floors and simple overhead fixtures for good light without extra costs. A basement remodeling project can be simple, yet meet your needs.
Do It Yourself
Break your basement remodeling plan into smaller projects. Larger, more complicated projects that involve issues such as electrical wiring, plumbing or structural work might best be left to professionals. Other projects, such as painting, hanging wallpaper, carpet or other flooring options are great do-it-yourself projects that can reduce your costs dramatically. Don't be afraid to try new things. Many local home improvement stores offer weekend workshops that teach you how to install carpet, lay tile, install a vanity and more.
Reduce basement remodeling costs by renovating specific elements of the existing space. For example, rather than installing new flooring, consider cleaning and polishing an existing concrete floor. Adding rugs or painting the floor can brighten the space and add to the overall decor. Painting overhead pipes, organizing loose wiring and cleaning other elements may eliminate the need for a new ceiling. Leave brick, rock or stone exterior walls bare for an interesting architectural element.
Try out innovative or creative ways to complete your basement remodeling project without spending a lot of money. Rather than constructing new walls to separate a large space, consider using bookcases or shelving as a pre-fab wall. Suspend hanging light fixtures slightly below existing overhead plumbing, wiring and floor joists. Light in the foreground will make the background darker, thus possibly eliminating the need for a new ceiling. Replace an existing utility sink with a cabinet and bar sink to save on plumbing costs.
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