When you purchase your first property, you probably experience all kinds of emotions – the excitement of being an official owner of a home, the thrill of never having to pay rent, along the stress of maintaining the place. The first few months as a new homeowner might feel like a rollercoaster ride, especially if you’re planning on finishing the basement after moving in.
Renovating a business can vastly improve your home’s value, even if it seems like a daunting task. Luckily, the burden of planning a basement renovation is lighter when you know what to do. Here are some guidelines to help you determine which areas of renovation require more focus.
Put Safety First
The first step of ensuring your basement is safe is ensuring that the foundation is strong enough to survive natural disasters, such as floods. Look into Toronto waterproofing services to prevent water from flooding into your home with sump pumps, drains, and sealants. Waterproofing your home will help the interior and exterior of your home.
Arrange an Inspection
You might have inspected the house before you made the big purchase. But, the focus during that inspection was not on the unfinished basement. Hire professionals to look further into the home and figure out which areas need work. Knowing the issues beforehand will save you from unexpected costs in the future.
Research Local Codes & Guidelines
Every city has its guidelines. Although some rules may not apply to your property, some will. You will need to call the local city planning department or apply for permits to ensure your house is up to code before you start any work. Neglecting city regulations could result in hefty fines and potential demolitions of your home.
Set a Realistic Budget
A basement does not have one fixed cost. The price you pay will depend on the type of work you want the contractors to do. It can be helpful to set a budget for each area of renovation and figure out what you can afford. Creating a budget will allow you to prioritize specific tasks over others and plan your renovation accordingly. It may not be necessary to make all changes at once.
Focus on Electrical & Plumbing
Take some time to map out the rooms and figure out where you want your outlets. Figuring out the electrical and plumbing requirements will also help you decide if you need any new pipes, especially if you want to add a new kitchen or bathroom. The city may also have guidelines in this case that you need to follow.
Strengthen the Foundation
Once you’ve done the groundwork, it’s time to frame the walls or add dividers. This step will help you figure out how many rooms the space will have and plan accordingly. Make sure to seal the foundations before this step and choose appropriate walls based on the rooms.
Apply Finishing Touches
There are a few essential finishing touches you need to take to finish your basement. Pay attention to insulation, flooring, moisture levels, paint, and additional installations such as windows and lights. Renovating a business is a lengthy task, but professional help can smoothen the process. Although it may seem overwhelming, the result will be worth the hassle.