Do you know the empty space inside where you kept old clothes, old tools and old toys? What if it became a new office, a new home theater or a new billiard room?

According to the National Association of Transformation Industries (NARI), converting a basement into a ready-made living space is one of the top 10 renovation projects. The project not only brings life to the sometimes forgotten area, but also increases the value of resale. According to the NARI Remodeling Impact Report, homeowners can recoup almost two-thirds of their cost of remodeling a basement. While NARI estimates the cost of finishing a basement at about $ 40,000, the DIY version can cost much less, especially if you are creative on some basis. Here are eight tips to help you get started in your finished basement.

1. Start with one area of ​​the basement

When people spend their budget on finishing the entire basement, the result can look sloppy, says Leah Smith of Buckeye Basements, an Ohio contractor. Instead, think of these as actions that you must take on a regular basis to get some fun features out there, he advises. Adding a wet bar or large screen TV or making aesthetic improvements to a brick or stone “can take the finished basement to the next level, greatly increasing the cost of resale.”

GEICO can help with home insurance.

2. Confirm that there are no moisture problems in the basement

Moisture և Leaks can curse a basement, whether finished or not, Smith says. So make sure there are no problems with water or moisture. “If so,” he says, “contact a company that specializes in waterproofing and water repairs.”

3. Basement floor on a budget

As the basement floor can become more expensive, Smith offers luxury vinyl siding or LVT. “It is water resistant,” he says, “resulting in huge savings compared to traditional tile installation.” For a more industrial look, paint with concrete, use a large area or lay carpets.

4. Paint the basement yourself

If you are installing new walls, a specialist will do it better և in less time than you can. «Hire someone who can install the walls and finish the plasterboard wall, ”suggests Teris Pantazes, CEO of EFynch.com, which connects consumers with Baltimore renovators. “But paint for yourself to save money.” He suggests choosing a light color that will help compensate for the lack of natural light.

Find unique items to decorate your basement at discount stores

“A finished basement is a place where most homeowners feel comfortable taking ‘decorative liberties,'” Pantazes says. Go to a farm or rescue shop, look for unique items. Do you want your area to feel like a ski resort, a farm or the best football fan area? “Turn to your interior designer.” says Pantazes.

6. Choosing your ceiling on a budget

Here you have three options: tile, ceiling tile or paint. “Ceiling tiles can be very useful in the basement,” says Pantazes, as they make it easier for water or sewer pipes and power lines to enter. But, he adds, “the installation of ceiling tiles is somewhat difficult. they have to be made of the right և perfect square. ” Pantazes says the sheet is cheaper, but cutting the sheet later for any repairs is a pain. The simplest for your ready-made basement. Painting, if you do not mind the restored-industrial look,: you can do it yourself.

Air purifier filter dust.  Filter replacement7. Clean the basement air

Despite your best efforts to keep out moisture, moldy odors can still occur. “Do not forget about air quality,” says Pantazes. “If you save with it, the finished basement will be misused.” An air purifier can help, so shop around for the right fit. Points can start as low as $ 100.

8. Use the professionals to meet the password in the basement

You can save on the cost of finishing your basement by doing things that are not code-related, such as upholstery or doors, painting walls, woodworking, and flooring, says John Smith of Buckeye Basements. Also, consider some of the benefits of using it. “When it comes to calculations for frame, electricity, ventilation, ventilation, combustion air, insulation / firefighting, plumbing,” he says, “it all has to be checked by local municipal departments, building departments in many places.” And these types of projects can cause a lot of headaches if you are DIY. “A lot of people are starting to figure out the basement process on their own,” says Leah Smith. “But they call us because they did not get permission, and then they get stuck, they need to be saved.”

Finishing your basement can add value to your home, so you will want to protect it Homeowners insurance Through GEICO Insurance Agency.

By Katrina Brown Hunt

Read more. 4 home improvements that just seem expensive