Basement Renovation Coquitlam
Having your basement revamped into a functioning room could become expensive with what you are installing but if you think of your basement as an investment, it could be one of the best money makers you have. Remodeling your basement into an income suite could be one of the best ways to make some side income to help pay off your mortgage or just for some extra cash. With rental prices continually going up in Vancouver, you may even be able to break even on your basement in around a year with any of the cash generated extra as a profit to you.
If you are ever looking to sell your property in the future, having a fully functional basement can greatly increase your property value. Buyers typically filter properties by the sqft and the number of kitchens and bathrooms a space has. Having a fully renovated basement with an extra kitchen and bathroom will open up your property to so many more potential buyers who would have never landed on your listing without the extra bathroom or kitchen. While installing a kitchen or bathroom into your basement sounds like a daunting task, our team at Tri City General Contractors work with the best plumbers and electricians in the business. We'll manage any sub-contractors that could be part of your basement renovation to make sure all you need to think about is how you want your space to look.
Here's a quick list common renovations that our clients have had done on their basements:
- Home theatre installation
- Extra office space
- Building out a workshop
- Basement bar to host functions
- Guest bedroom space
- A man cave to kick back, relax, and watch the game
- Creating a games room for your kids to watch movies or play video games
- Income suite to help generate extra cash
The list can go on and on. Your basement is such a flexible room for changes. Don't just let it be a giant storage room, lets make use of it. If you have any questions about a basement remodeling project, feel free to give us a call or leave a comment in our contact form. One of our contractors will reach out to you to answer any questions or help get you set up for a free estimate.