You might not think much of your basement. After all, most homes only make use of their basement for storage or to flip the circuit breaker when needed. That said, there are a lot of different reasons you might want a finished basement, including something like a game room, an additional bedroom, and many others.
Some people decide to leave their basement unfinished when building a new home. It might be a decision made to save time or money, and they figure they can always finish it later on. While this might make sense at the time, you'll want to think ahead. Will the project be put off indefinitely leaving you with cold, wasted space in your home? Will it really cost you less time and money to finish it yourself later?
To help you answer these questions honestly, consider the reasons opting for a finished basement with your new home build can be the best decision for you.
All of our floorplans have a standard optional basement, but we can also customize to your specifications. While the different options you can choose from vary, we always try to include one to two bedrooms, a rec room, and a bathroom. That's a lot of additional space in just the basement—another suite entirely!
Even if you don't need that space, you can add a separate entrance and rent out the area as a way to offset the cost of the build and your mortgage payments! Our tips for building a basement income suite can set you on the right track.
If you intend to rent out your basement (or you just want a separate entrance), there are certain legal considerations you need to keep in mind. For the average person, navigating the often-confusing world of real estate law can be difficult. If you choose to finish your basement ahead of time, we navigate those pitfalls for you and ensure everything is set up legally. Your only consideration will need to be the type of furniture you want.
If you were to finish your basement later on, not only is obtaining legal approval a headache, you may actually find you're unable to make the changes you wanted. For example, it may turn out that your lot doesn't have enough clearance to add an entrance to your basement like you wanted. It's much less of a hassle if your home is already built to accommodate these things.
Close your eyes and imagine your dream home for a minute. There are probably details you included in that fantasy that you didn't consciously think about, such as having matching finishes, moulding that suits the room, and high-quality construction materials. Those types of details create the backdrop for great-looking homes. And if they suddenly weren't there, you would absolutely notice.
Choosing to finish your basement at a different time than the rest of your home makes it difficult to achieve the same "look" and, often, even quality. You could try to coordinate a cohesive look by hiring a contractor, but any potential damage to the rest of the home would not be covered under warranty. By allowing your builder to ensure all of your colours and finishes match, you can get the quality and style you dream of in your home. Plus, a basement completed at the time of construction will be fully covered by our builder's warranty!
Try to make your decision as quickly as possible, as the time it takes to complete a basement largely depends on the build stage your home is in. A pre-sale home would take approximately an additional month to complete if you chose more extensive renovations. If you decide early, everything will be finished on the day you get the keys, and this means you can move in and start settling in without the need to live through potentially noisy and disruptive renovations.
While finishing the basement can affect your new home time frame just a little, compare this to trying to renovate on your own. Without a lot of experience, it can take months of time and effort. Mistakes can be discouraging, and the amount of money you can sink into a renovation can be a major blow to your budget. Of all the reasons to finish a basement before you move in, the ability to trust it will be done to the same high-quality specifications and that you won't have to do it yourself later are some of the most compelling.
We offer dozens of floor plans that can be customized to suit whatever your desires are. Why not make the basement part of that? We've mentioned how a finished basement can provide you with the opportunity to have an income suite, which is one valuable asset. Consider how a finished basement can also increase the resale value of your home.
We talked about avoiding the headaches of the renovations and legalities necessary to complete a basement on your own. If you ever plan on selling your house in the future, think about how this will be attractive to other buyers – everyone wants to move into a home that actually feels complete.
The builder can handle all of the hard work while you focus on planning how you want the furniture to be arranged, or what kind of games you want to include in your new game room.
Your family will thank you, and you'll thank yourself for not being awake early on a Saturday working on a basement renovation project. Instead, you can crack open a cold drink, sit down on the couch, and watch a movie in the comfort of a finished basement.