Basement remodeling proves to be an excellent investment, provided they are permanent solutions to flooding. Wet basements can hardly attract prospective home buyers’. Basement remodeling creates or adds to the living and storage space to one’s home by nearly 33% to 50%.  The 2005 cost vs. value report of the remodeling magazine has indicated that a home owner can recoup 90.1% of the basement renovating expenses at the time of resale. Basement waterproofing is the permanent solution to basement mold that ruins the health of the family.  And this is why waterproofing ranks the highest in terms of basement improvement. Hence, fixing them becomes more of an investment than an expense and its priority increases among all the home remodeling options available to a home-owner. In such situations, it’s safe to emphasize that basement waterproofing offers one of the highest long term investment returns.

RESALE VALUE OF A HOME vs. BASEMENT

A recently published report shows nearly 92 % of prospective home buyers avoid purchasing a home with wet basement. These studies have been supported by historical data maintained over the years.

Water leakage is one of the main basement problems depreciating a home’s resale value by 25 %. Most realtors disapprove selling a property with flooded basement and counsel their clients to fix basement leaks, before putting up their house for sale.

Thus solving basement flooding and other woes become the top priority for home owners. The first thing to check is the sump pump, ensuring the water drains first before reaching the basement floor. Any sump pump failure repair might cost more to the home owner than what it might take to replace the entire sump pump.

ADVANTAGES OF A BASEMENT

While it may come as a surprise, basement gives substantial usable space to a home. It can be used as a home theatre, a home office, a basement studio, a bedroom, a playroom and as an office. It not only adds 30 % floor space to a home, but also appreciates the value of a home by 30 to 50 percent.

Basement is a lucrative solution to get a significant floor area enhancement with a marginal increase in the overall building cost. Heat loss through walls and basement floors are less than those at upper floor and ground levels. A housing expert research concludes that homes with well maintained basements experience 10 % rise in energy efficiency.

Most self builders have recognized the extra storage space and flexible livings provided by basements and have even utilized them as swimming pools, gymnasiums, utility rooms, guest bedroom suites and home offices. This has given birth to a greater demand for houses with basement.

A waterproofed basement not only offers extra space for living, it also meets the need for better sustainability. A well-maintained basement guarantees peace of mind to homeowners year after year, withstanding heavy snowfall and torrential rainfall successfully.  Basement repairs ensure health by implementing indoor air quality control and eliminating the chances for breeding of harmful bacteria. Thus a remodeled basement is sure to make your home the most sought-after investment in today’s competitive real estate market.

For more on basement related solutions, click on to www.keystonebasementsystems.com

“Keystone Basement Systems, Inc. is a foundation repair company. KBS is not, however, an engineering firm and should not be considered as such.”

Source:

http://www.basementwaterproofingtips.com/Interior_Basement_Waterproofing.html

http://www.b-dry.com/wet-basement-leak.html
http://www.decoproducts.com/
http://www.finishedbasementideas.com/basement/cost_finishing_basement.html

Tags: Advice, Informative

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