Do you consider the basement when it comes to home improvement? If yes, you are going the right way. A basement is a potential goldmine for your home. And if you have an unfinished basement, it is prone to water damage. The presence of mold can lead to an ugly smell. Also, if the space is unused for a long time, it can become a harboring ground for pests. 

What can you do in this case? The answer is basement finishing. It is the answer to maintaining your home in excellent condition. Moreover, your home’s value can increase manifold if you add this extra space to your home. Potential buyers seem to be a lot more interested in properties that have functional basements. But how much value how much value does a finished basement add? Let’s shed some light on this aspect in this blog.

What the Data Says About Finished Basement ROI

Sometimes you will only realize your ROI when it is time to sell your home. And you are going to be happy if we say that homes with a finished and renovated basement are priced more than those without. So, how much value does a finished basement add? It has been found out that a finishing basement allows you more than 70% of the ROI. For instance – You have spent nearly $2000 on renovating your basement. That means your home’s value can increase by at least $1400, or it could be more than that.

What Factors Will Affect the value of your basement?

Does a finished basement add value to your home? Yes, it does. But knowing how much will a finished basement add value depends on multiple factors, and those are –

Your Real Estate Market

Your location impacts the worth of your basement in the long run. In the booming real estate market with high demand for homes, buyers are willing to pay more for properties with finished basements. 

Now, the stats of real estate markets across different regions of Canada also vary. For instance – In the largest markets like Vancouver and Toronto, where the housing supply is higher, the properties with finished basements generally command higher prices. On the other hand, the worth of basements in less densely populated areas might not be much. 

Your Material Selection

The material used for making the basement influences your home’s value. High-quality materials like ceramic or porcelain tiles are good and they tend to ensure longevity and durability, which further increases its value for potential buyers. Additionally, you can opt for energy-efficient windows, modern insulation, and moisture-resistant flooring to make a significant difference to your home.

Use Potential

Flexible open basement spaces have higher ROI as compared to closed-off rooms. So, create a finished basement having an open space where natural light can easily come in. Also, if a space is versatile, it could be used for creating a home office, guest suite, or even a gym which will appeal to most buyers.

How to Boost the ROI of Your Finished Basement?

What are the ways to boost the ROI of your finished basement? Let’s talk about them.

Use Hard Material for Flooring

No matter how much effort you have put into renovating a basement, it is still a basement. Buyers look at it as an additional space and not something that is a must to have in a home. Choosing hardwood flooring comes with high expenses and can even lead to warping. Thus, use porcelain or ceramic along with accent rugs. The right kind of flooring will save you costs and will also avoid moisture issues.

Install recessed lighting

The basements are dark. That is why it is recommended to install recessed lighting fixtures. It adds to the appraisal value of the finished basement. And as these lighting fixtures are installed on the ceiling, it makes the space look bigger. They are also a perfect choice for wet rooms. If you have decided to get a bathroom installed in your basement, go for the recessed lighting that is specially designed for wet areas.

Create a mini In-law Suite

Adding a mini In-law Suite is yet another way to maximize the ROI of your finished basement. It is like an accessory dwelling unit and typically includes a bathroom and a bedroom. It is the perfect choice for extended families. Adding a potential in-law suite adds immense value to the home and can act as a valuable place for guests. 

Impact of Finished Basement on Home Value

A renovated or finished basement impacts your home in several positive ways. What are those? Let’s find out –

1. It creates extra and versatile space.
2. It provides an income-generating opportunity as you can turn it into a rental apartment and can earn some extra money.
3. Stand out in the listings and hence increase market appeal.  
4. Enhanced lifestyle due to additional living areas that can be used for recreation and work.

Final Thoughts

Finishing your basement is a significant investment that can add considerable value to your home. By understanding the factors that influence this value and implementing strategies to maximize ROI, you can make the most out of your basement remodel. Whether you’re enhancing the space for your use or preparing to sell, a well-finished basement can be a game-changer, offering additional living space, potential rental income, and improved energy efficiency. With thoughtful planning and execution, your finished basement can be a valuable asset that enhances your home’s appeal and market value.

As you proceed with your plan to renovate your basement, trust reliable basement contractors who will make the process of finishing the basement hassle-free. With Bees Build Ltd. by your side, you get an experienced team of basement renovators who can turn your gloomy basement into something extraordinary. With our premium quality materials and innovative techniques, we provide you with the needed home solutions. Contact us for more information.

When you make an unfinished basement your living space, the sound effect from upstairs on those living downstairs or vice versa is generally overlooked. The sounds coming from a TV upstairs can sound amazing to you if it’s a Sunday or you are in a good mood. But not when you are seriously working on something in your basement office. The same goes true if you try to sleep on the first floor and there is a lot of noise coming from the TV in the basement.

Aren’t there any ways to solve these noise issues? Of course, there are. Here we have come up with ways to soundproof the basement ceiling of your home. Before diving into it, let’s find out the areas to soundproof in a basement.

Areas to SoundProof in a Basement

Your basement needs soundproofing, but which areas should you start from?

Basement Ceiling

One of the biggest sound contributors in your home is the basement ceiling. The sources of sounds could be vibrations from footsteps, dropped items, and the list goes on. Seal any cracks, holes, and gaps on the floors (subfloor) above your basement. Doing so will ensure that these minute crevices are not allowing the noises to sneak into the basement.

Add new mass layers to the soundproof basement ceiling. Form these new layers with materials like mass-loaded vinyl, drywall, etc. for basement sound insulation. You can also consider getting soundproof panels installed for added security as it will help in noise reduction by absorbing and reflecting sound.  

Doors and walls

If you think that simply closing your door will keep away the noise from the basement at bay, you need to rethink. A soundproof basement is the ultimate solution. It also comes with additional privacy, especially when you have decided to set up the home studio or office for which you need minimal distractions. Add door seals or sweeps to soundproof the doors and for closing the gaps between doors and staircase/floors. Door sweeps or seals are solid and dense so that the sound waves cannot easily pass through them. Adding a soundproofing foam is also a good idea.

As far as basement walls are concerned, add soundproofing boards to minimize the flanking and mechanical noises coming from the basement. You can even opt for small sound barriers, as small as less than half an inch thick, for basement sound insulation. If you are creating separate rooms in the basement and creating walls there, follow the decoupling process. It lets you leverage sound isolation systems. Need more to soundproof the basement ceiling? Decorate the basement walls with acoustic panels personalized with art and make your home more beautiful. One act, double impact. 

Floors

Floors are also one of the areas impacted by the noise coming out from the basement. This happens especially in homes that have unfinished basements with concrete slabs.

What you can do here is install an absorption floor between the concrete and the final floor. The other thing you can try is placing flooring underlayments under carpets.

HVAC and Pipes

Check the positioning of the HVAC system, plumbing pipes, and furnaces of your home. Consider their level of reverberations and how these transfer through the basement walls.

Insulating pipework addresses the noise and sounds before they can transform into the noise in your home. Also, you can fill the space between the walls and pipes with different soundproofing materials.

How do you install soundproofing on a basement ceiling? 

It’s time to silence the sounds coming from the basement ceiling. Here are the steps –

Seal all cracks in the subfloor

Start by sealing the gaps and cracks in the subfloor above the basement. You can use a ladder and a calking gun. Gather tape measure, utility knife, and straightedge to score. Now, cut the drywall sheets into strips and fill the cracks and cavities.

After sealing the subfloor, install the first layer of drywall. Want the best results? Use soundproof drywall. After securing the first layers, add the second layer of drywall to create a dense barrier against noise.

Install insulation

Acoustic insulation like fiberglass or mineral wood are effective basement sound insulation method. Distribute the insulation evenly between the joists to make the basements quieter.

Add a resilient channel 

Install a resilient channel between the drywall and the framing studs. These specialized metal furring strips reduces the amount of vibration occurring through the wall and hence reduce the sound transmission.

Install the final ⅝” thick drywall

Install the final ⅝” thick drywall to create a barrier against unwanted sounds. This additional mass further enhances the soundproofing effectiveness, ensuring minimal noise transfer between floors.

Some Guidelines for Sound Proofing from Nation Building Code – Alberta Edition 

Soundproofing basement ceiling materials must be used for every dwelling. This is done to minimize the noise levels between units –

1. Sound absorbing materials of at least 150mm to fill joist spaces.
2. Placing 12.7mm thick gypsum board on the ceiling on both sides of the wall.
3. The ceiling should have a sound transmission class rating of at least 43 or a separating assembly and adjoining constructions. The combination of both of them should give an apparent transmission class rating of at least 40.

Benefits of Soundproofing a Basement ceiling

Soundproofing basement ceiling is not a challenging task provided you take all the steps as mentioned above, not to mention the added benefits that it comes with –

Reduced Noise Pollution

Having a soundproof basement plays a significant role in reducing exposure to continual noise – particularly regular exposure to sharp sounds. And nobody wants to live in a noise-filled home in this overstimulated world.

A soundproof basement allows for reduced noise which leads to a reduction in stress levels, enhanced sleep, improved memory, and overall well-being.

Increased High-Focus Space

Adding basement sound insulation means you are giving way to a quiet space in your home. This new quiet space could be used as a revamped home theater, yoga room, art studio, or home office. Having minimal disruptions means increased concentration and focus.

Improved Mental Health

A quieter home environment helps improve your mental health as it makes the individuals living in the home feel away from the chaos. Thus, it lets you peacefully unwind after a long day.

Reduced Stressors

Home is your place of comfort where you relax after a long day at work. Amidst the hustle and bustle of daily life, your home should be a designated retreat where you and your family can feel calm. And it is only possible when your home is away from unnecessary sounds and noise.

Final Thoughts

Basement sound insulation is a valuable thing to do that enhances both the functionality and comfort of your home. The benefits of soundproofing to existing basements extend beyond just noise reduction, contributing to better focus, mental health, and overall stress levels.

Whether you use your basement for work, leisure, or as a retreat, a soundproofed ceiling ensures a peaceful and quiet environment, making your home more enjoyable for everyone. Bees Build Ltd. specializes in creating customized soundproofing solutions to enhance the tranquility of your basement space.

In the dynamic real estate world, legal basement suites have emerged as a unique asset. This initiative offers homeowners and investors a path to skyrocket property potential. These self-contained units not only offer additional living space but also opportunities to create another income source.

However, the influence of legal basement suites on property values in urban areas is a multifaceted concept, indulging several factors ranging from local regulations to market demand and neighbourhood dynamics.

Do you wish to dive into deep? Join us!

Enhanced Property Value:

One significant influence legal basement suites have on a property is enhancing property value. Yes! Having a legal rental unit means you can increase the overall square footage and finally, the utility of a property. This approach appeals to a broader range of buyers or renters. Result? You get a premium price in the competitive urban real estate market.

Income Generation Potential:

Having legal basement suites is an opportunity to generate additional income streams. How? Through rental revenue.

In urban areas where renting a house is common, a legal rental unit nestled beneath primary residences can be particularly lucrative. It is highly desirable to homeowners and investors, contributing to higher property values.

Marketability and Demand:

Due to the growing population and the opportunities to live in urban areas, properties with legal basement suites often enjoy greater marketability. People of Canada use them for rental purposes. The excitement of having extra income potential attracts a diverse pool of homeowners.

As a result, these properties attract multiple offers, driving up property values and creating another source of income.

Regulatory Compliance and Peace of Mind:

Legal basement suites that ensure compliance with the city’s permits provide the utmost peace of mind.

On the contrary, illegal or unauthorized basement suites that do not comply with the city’s permits and conduct inspection processes increase the risk of legal issues. That is why our professionals are always here to help and ensure that your secondary suite development complies. We work by following the legal codes and ethics.

The Final Thought:

In conclusion, legal basement suits impact (significantly) on property values (in urban areas). They offer several benefits to property owners, creating a valid source of income. Contact us as we are familiar with the city and provincial rules and regulations related to legal basement suites. We can handle the complexities so you can enjoy the benefits of having a fully compliant and functional legal basement suite.