What is the Difference Between Basement Remodeling & Basement Finishing?

If you’re in the market to improve the quality of your home’s basement, you’ve probably heard a few different terms thrown around — “basement finishing” and “basement remodeling”. And if you’re not familiar with the subject you might be left thinking, is there a difference between them?

The main difference between basement remodeling and basement finishing is that remodeling a basement refers to the structural renovations that tend to lead to basement finishing, where the basement is made into liveable space.

Learn more from the trusted basement experts at Basements Plus about the different goals for each type of project and which option is best suited for you.

Basement Remodeling v. Finishing – Is There a Difference?

The short answer is that YES, there is a difference between finishing your basement and remodeling it. Remodeling a basement typically sets the scene for basement finishing in that it involves the work needed to modify the structure, layout and overall functionality of the room. Basement finishing on the other hand most commonly refers to the final step of that remodeling process in making the newly remodeled space into habitable living space.

What is the Difference Between Basement Remodeling and Finishing?

Some of the lines can blur when talking about remodeling versus finishing your basement. A finished basement is almost always included in a home’s overall square footage. In order for your basement to be considered “finished,” it has to be considered a livable space and have electricity, plumbing, and flooring. Basement remodeling involves the larger tasks of that project — removing or adding walls and designing for a functional living space. When you decide to remodel your basement, you are essentially choosing to renovate the entire basement. This can mean converting it into several rooms with multiple uses or even so far as a completely separate living space with a full bathroom and kitchen. Get some ideas of different spaces you can create here 5 Uses For Your Finished Basement – Basements Plus

Pros and Cons of Remodeling Your Basement

There are many things to consider when deciding if you want to remodel your basement but here are just a few of the pros and cons to keep in mind when you’re thinking about a full basement remodel.

Cons

  1. It is a much larger project.
  2. It requires a bigger budget.
  3. It could be a lengthy process

Pros

  1. It increases the value of your home.
  2. You can design your basement exactly as you imagined.
  3. Adding different rooms can give your family more livable space.
  4. You can have a source of supplemental income if you decide to rent out the space. 
  5. If you decide to sell your home in the future, a remodeled basement can be very enticing to buyers.

Would Basement Finishing be a Better Option?

If your current basement space has already been finished and made into a functional living space, basement finishing may be a faster and more efficient option as you can essentially work with any existing structural changes. Finishing your basement would include adding drywall, making sure there is working electricity, proper plumbing, and adequate flooring. You may lean toward basement finishing if

Just like a fully remodeled and finished basement, a refinished basement can also add value to your home. Value of Finishing a Basement | Basements Plus

Reach Out to Basement Remodeling and Finishing Professionals 

Whether you are thinking about finishing or remodeling your basement, it is best to contact a professional to answer all your questions. Contact Basement Plus for a free consultation.

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