Challenges in Basement Remodeling – Your Project Loan


Challenges in Basement Remodeling

Creating a bedroom like this one can present unique challenges if it is located in a basement. Here are some key points to consider during your next basement remodeling project.

Any home renovation presents its hurdles, but finishing or remodeling a basement provides unique challenges. In addition to the typical concerns of remodeling a living space, basement remodeling requires special attention to be paid to moisture levels, emergency exits, and more. Remodeling an underground space can complicate things, but choosing a knowledgeable contractor and doing your research can help you be prepared. Here are some key points to consider during your next basement remodeling project.

Moisture and Flooding

Water tends to flow downward, and moisture often collects in low spaces like basements and garages. When remodeling your basement, your contractor will have to make a few assessments to determine whether there is excessive moisture present. If there is mold or moisture present, you will have to address it before you can continue your remodeling project in earnest. Your contractor may also determine that your basement is at risk for flooding, in which case you will likely need to install a sump pump.

Entrances and Exits

Basements often have limited exits, and these exits typically let out into the home. Many jurisdictions now require a valid method of exit, or egress, from the basement to the outside. In some places, the minimum requirement is a window that is large enough for a grown adult to crawl through. However, you may decide that you want more substantial exits. Some homeowners decide to put full-sized exterior doors leading from their basement to the outside world. If you have this in mind, be sure to let your contractor know in the beginning stages of your basement remodeling project.

Temperature and Flooring

Basements have a somewhat well-deserved reputation for being cold. Because they are nestled into the ground, basements are often the same temperature as the earth. This can keep them cool in the summer and warm in the winter. While temperature differences and insulation are considerable challenges in their own right, extreme temperatures and moisture can have significant effects on flooring. Materials like hardwood are often not recommended due to the moisture often present in basements, and stone or tile flooring can become oppressively cold in the winter. Many homeowners choose carpet, vinyl, laminate, or engineered wood, but the choice is ultimately up to you!

Your Project Loan Can Help

When you decide you’re ready to get to work, don’t let financing hold you back. We offer a vast array of loan services, just for you. You’ll never need to worry about paying too much out of pocket for your home improvement projects, and you can start working on your home improvements immediately. We also are partnered with the best dealers in the area, so you’ll be supported throughout your entire project.

We know that home improvement projects like these are urgent matters. This is why we offer a nearly instant loan decision once you fill out our 60-second loan inquiry! We conduct business in all 50 states* and our rates start as low as 4.5%* and terms go up to 15 years! HFS Financial can help you find financing up to $200k* for your project! What are you waiting for? See your options today!

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