There are many issues to consider when updating your home. But there are many more to consider if part of those updates includes a basement. There are many things that you can do with a basement space. For some people, basements are just places where they can store their excess belongings. For other people, a basement can literally extend their home, adding on a great deal of space while at the same time offering the opportunity for additional activities and purposes. With that being said, you shouldn't move forward with a basement finishing project until you're properly prepared. Let's look into what that would entail.

1. It's A Long-Term Investment

A basement finishing project is a long-term investment; while you may not get your money back on it immediately, if you sell your house down the road you may be able to see a great return. On average, people recoup 79% of their investment for a basement finishing project, according to Remodeling Magazine. While the project may initially cost a good bit of money, in the long term you can reap the benefits.

2. Consider Moisture

When planning a basement finishing project, the issue of moisture is one of the most important things you need to consider. Moisture is naturally occurring in basements, and you should prepare for it. It's not enough to install a dehumidifier. You need to ensure your roof allows for drainage and be sure to keep windows closed during humid months. Additionally, a vapor retardant should be installed between interior walls and floors.

3. Choose Your Flooring Carefully

Make sure that you're certain about the flooring that you select during your basement finishing project. For example, as tempting as solid wood may be, it can actually snap due to moisture over time. Consider vinyl, ceramic, tile, and engineered wood instead.

4. Test for Radon

Do radon testing before you're done finishing your basement. Consider hiring a licensed radon contractor to conduct official tests, ensuring that you and your family aren't exposed to toxic radon.

5. Check Your Heating

Check up on your home's heating and ventilation, and make sure that this is extended to your finished basement. An HVAC contractor should survey this issue, ensuring that all aspects are covered.

A basement finishing project can be an outstanding investment for your home. Just make sure that you approach it correctly and work with professionals to complete it!