It’s an open secret that an unfinished basement represents untapped potential. By finishing your basement, you will get the ultimate benefit of increasing the resale value of your house, as well as utilizing the space as long as you live there. Thus, this is a win-win situation for you(resilient bars for ceilings).
However, this isn’t as easy as you think. When looking to finish your basement, and get an effective outlook, most of the time, you’ll face budget issues. To meet your expectations, you need to increase your budget. But still, there are plenty of ways to save money when finishing a basement. How?
Basements have become an essential interior part of your home, which can be designed in any way you like. From adding resilient bars for ceilings to minimize the noise to attractive flooring, you can give a luxurious look to your basement.
With the help of this blog, you can find out expert ways to save money and finish your basement work without any hurdles. So, let’s get started.
Expert Ways to Save Money When Finishing a Basement
Finishing a basement doesn’t have to break the bank if you are a bit creative or smart. By using DIY hacks you can ultimately save a lot of your money without any issues. Although there are many factors that can raise your cost, still saving money isn’t a hurdle when you start planning.
Remember, no plan is planning to fail. Therefore, the first key step you need to take is to plan each and everything. This is essential to save money, and get a real idea of the cost that you need to spend on finishing a basement.
But what are the expert ways to save money? Let’s discover below.
1. Prefer Cost-Effective Ceiling
It’s true that ceilings are a vital part of any basement. However, it doesn’t need to be costly. When looking to save money, you need to ensure that you add ceiling covers that aren’t expensive. The best thing that you can prefer is to go with a suspended ceiling that comes in a variety of styles and designs.
But the cost can add if you don’t know how to install it. Therefore, the smart way is to ensure that you DIY installation of your ceilings. This can be done by watching tutorials on YouTube.
2. Add Egress Window
An egress window is a large, heavy-duty window that provides you with an escape route in the event of an emergency. It’s important to have one because it provides protection from smoke or fire, as well as from intruders who might be trapped inside your home.
The size of your egress window will depend on how much space there is between floors and walls. The best way to find out what size would work best for you is by measuring the length and width of each area involved in this project (elevator, stairwells), then using those measurements along with height measurements taken from above ground level so that you know what type(s) of openings might work best for installing them—whether it be French doors or fixed windows.
3. Stay Minimal
You don’t need to fill the space with furniture and decorations. Instead of buying an entirely new set of furniture for your family room or dining area, consider purchasing smaller pieces that will fit into the space well and still look nice enough to use regularly.
If you have a small budget but are looking for ways to spend less money on decorating projects in general, consider using inexpensive materials like wallpaper or wallpaper paste instead of painting over old walls. This can save you up to 70% off what similar products would cost in stores.
4. Be Creative with Flooring
Flooring is one of the most expensive things to replace in a basement. To save money, you can get creative and use flooring that looks similar to or better than the original. For example, if you have hardwood floors, consider using bamboo or cork instead of real wood. You can also experiment with vinyl floors—they’re less expensive than hardwood but still look great!
5. Have Effective Walls
You can use a wall to hide the ductwork and other wiring. If you have an egress window in your basement, use it as a painting surface by applying some trim paint and covering it with another piece of drywall. This is an easy way to give your home some character while still saving money on paint.
You could even convert part of your closet into a storage area for extra blankets or toys if needed (and if there’s space).
There are many ways to save money on finishing a basement. With these smart ideas, you’ll be able to transform your unfinished space into a functional and affordable basement improvement project.