Storage is key in a multipurpose space. There are several storage units throughout this basement. An IKEA cubby bookcase is a perfect fit for the office niche. Orange baskets corral small items and add spots of color to the basement's storage solutions. Stock cabinetry did not fit in the bar or media spaces, so the homeowners opted for costly, custom cabinets. Experiment with different types of storage units in your home to utilize every possible space.
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Failure to obtain proper permits can result removing (demo-ing) any current finishing work or remodeling already installed. You could also face fines. A "stop work order" may be issued, which usually causes double the fees when you do, eventually, apply for the permit(s). If you have to file an insurance claim and can't produce any permits, the insurance company may deny the claim. Finishing a basement without permits also can affect the home's resale value.
Flooring and wall coverings like paneling are the biggest expenses, making up approximately 15% of the total cost to finish a 1,200 square-foot basement, Sebring says. Plumbing and electricity are next, at around 14% and 11% of the cost, respectively, while interior carpentry needs — like trim and railings — account for about 10%. Remaining costs may include things like drywall and insulation, cabinets and countertops, painting and even cleanup.
Basement water leakage can cause serious problems for a homeowner. Standing water can lead to mold growth, which poses health issues. It's also a haven for bugs and other pests. Over time, concrete blocks and foundations can sustain hairline cracks. While they may appear small on the surface, they can be the start of an enormous problem, so early repair is key. The only way to rectify a basement water problem is to remove the water and seal the leaks. This may involve removing existing paint or wall coverings as well as replacing soggy beams.
Since this basement is not entirely underground - it includes a walk-out entrance on one side -- new egress windows bring natural light into the basement. A simple Roman shade in fun fabric softens the space and brings all the colors of the room together. Egress windows provide an emergency exit; most building codes require one in every bedroom and in habitable basements. Adding one will likely increase the value of a home, as it provides safety, natural light, and increased airflow.