Add Value To Your Home With A Basement Conversion
Add Value To Your Home With A Basement Conversion
The average Arizona home value is now $409,196 – a 4.3% increase from 2022. Basement conversion is an effective way to boost home value even further, generating a return on investment of 70%-75%. So, for example, if you spend $10,000 on your conversion, you can expect a $7,000 increase in home value. Transforming an unfinished basement into habitable living space creates useful extra square footage that can be put to an endless number of uses (a living room, study, or gym, for instance). That said, there are a number of key considerations that can help you create a safe, pleasant living space free from moisture, damp, and mold.
Waterproofing your basement
Waterproofing the basement is key to protecting it from rain, storms, and snow. Interior basement waterproofing that works to prevent damp from the inside is your most cost-effective option. This essentially involves creating an efficient drainage system by installing a drainage tile in the lowest point in the room; the drain moves water out of the basement and away from the foundation, while also minimizing excess moisture. Conversely, an exterior solution is more costly as it requires excavation to put down an underground drain.
Keeping damp at bay
Basements are known for being dark and damp, and moisture levels can be difficult to control. Ideally, you should work with a waterproofing consultant to create a safe and dry environment. And, if you already have a problem with mold, professional remediation will likely be needed. A reputable mold inspector can conduct a comprehensive mold test to determine whether there is indeed a problem in your basement, the underlying source of the problem, and the solutions needed to eradicate the mold. Moreover, installation of a cavity membrane drainage system may be necessary in older homes with porous basement walls, or for basements with particularly high water tables. This type of system can essentially damp-proof your basement by redirecting water away from it (either via an electric pump or naturally).
Ventilating the space
Good basement ventilation is essential for maintaining clean and healthy air. Poor ventilation, on the other hand, can leave your basement prone to bad smells, moisture problems, mold, and mildew. If you have windows, you may be able to take advantage of natural ventilation methods. Ideally, your windows should be at opposite ends of the room, and opened regularly. Free flowing air dries out moisture, and keeps mold and mildew at bay. It’s also important to keep the windows closed during rainfall. Alternatively, mechanical ventilation can be automated, which makes it a more convenient option. For example, you can opt to install an exhaust fan with a ventilation pipe, which floods the room with fresh, outdoor air, while removing indoor air.
Basement conversion is a great way to boost the value of your Arizona home. By working to waterproof the space, prevent damp, and install efficient ventilation, you can ensure your basement conversion will be a success.
