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Homeowners are always on a mission to boost their structure's value. Doing so allows you to sell your home for more, and it also increases your equity, which can be used when refinancing. In order to reap these benefits, you need to choose a project that pays off. Whether it's unfinished or simply outdated, a basement remodel is a smart decision if you want to increase your home's value.

The biggest value boost in a sub-level home renovation comes from the increase of usable space. Today's homebuyers want to get the most for their money, and investing in a property with areas that aren't inhabitable full-time doesn't make sense in their minds. In fact,  Consumer Reports claims that projects that increase the livable square footage can raise a home's value by up to 6%.

basement remodelYour basement remodel can also increase your home's value even by making it more energy-efficient. The less energy it takes to heat and cool a home, the more a homeowner will save, which is an increasingly appealing choice on the housing market. For this reason, more buyers are requesting energy audits to be completed before they'll even consider purchasing a property. By investing in a remodel that reduces air leaks and utilizes energy-efficient fixtures and appliances, you can substantially increase your listing price and even end up with buyers competing for your property.

Depending on the layout of your home, you can also create a totally separate living space in your basement for additional rental income. Not only can this arrangement boost your earnings, but it can also be used as a selling point for potential buyers and allow you to set a higher asking price. It's important to remember that not all spaces will meet the zoning requirements for this type of venture, so ask your contractor to verify the local laws before you move forward.

 

You already have a basement, so make use of the space and watch your home's value grow with the help of Comia Home Builders. The O'Fallon, MO-based construction company specializes in custom home builds and renovations, and they're known for offering high-quality workmanship at competitive prices. Receive an estimate for your basement remodel by scheduling your consultation at (314) 575-0521. You can also learn more about their specialties by visiting the team online.

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