How to Partially Finish Your Basement on a Budget

We’re always looking for more space in our homes, it seems, whether for extra storage, an additional living zone or a new spot to decorate. Often, valuable space can be found in the basement, but fully developing this square footage can be expensive. Add up the costs of framing, flooring, drywall, electrical and finishes,and your project may run into the thousands of dollars. Introduce new decor, and you’ve got an even pricier endeavor. But there are ways to enjoy that below-grade space while avoiding the hefty price tag of a full remodel. Partially finishing your basement can offer warmth, style and comfort, as well as that extra space you’re craving. Here is how to get the most out of an unfinished basement without breaking the bank.

Create an Industrial-Style Living Room

1. Keep the ceiling exposed. This smart basement renovation reveals a key secret to enjoying a partially finished basement: Keep the ceiling open. We don’t all have the advantage of deep basements with high ceilings, and we need all the help we can get, height-wise. While there are some stylish drop-ceiling panels now available, keeping the ceiling joists open and painting them a bold color, such as black, creates the illusion of depth, helping the ceiling to recede and become less noticeable. The added advantage is that your wiring is available to you without having to cut into drywall.

2. Ditch the drywall. Paint is quite often the quickest and least expensive way to freshen and update a room. Another tip is to drywall only some areas of the room. A limited use of drywall can demarcate spaces, add interest and keep costs down. Another unexpected and low-cost alternative wall material is an engineered lumber such as oriented strand board. OSB, which is typically used for subfloors or sheathing in construction — making it an unconventional choice for walls — is acreative, less expensive way to cover your concrete walls and divide living zones. The key to using a material like this is to apply it to a large area so that it’s clear that using it was an intentional design choice.

3. Capture the power of white. A great way to provide the illusion of light and to add ceiling height is to paint everything white. With the exposed ceilings and walls painted a crisp white, it’s hard to tell where the walls end and the ceilings begin.

4. Establish a focal point. Go ahead and furnish your unfinished below-grade space as cozily as you would your upstairs, finished rooms. A great way to do this is to furnish around a focal point. Graphic rugs and large, soft furniture and lighting bring warmth and life to the space.

Outfit a Laundry Room

For many of us, basement laundry means a dark and dank place to toss the clothes in, pull them out and quickly run back upstairs. But this doesn’t have to be the way we choose to live. A little effort can convert an ugly space to one where you’ll want to spend time.

1. Get creative with paint and decor. This basement laundry is left nearly entirely unfinished, but with some creativity it’s become a clean and bright corner nonetheless. The exposed ceiling joists can be painted a deep charcoal, the concrete floor a fun red, and wood shelving and furniture add interest and utility. A throw rug warms up the floor, and reclaimed wood boards frame off a private bath.

2. Install cabinetry. The money saved on finishing flooring, walls and ceiling can often be better spent on cabinets in your basement laundry area. Additional cabinetry can be used for a variety of things, like storing dry goods, linens or out-of-season clothing.

Build a Bathroom

Adding a bathroom to your basement can be a worthwhile venture. In addition to being functional, it adds a lot of value to your home. But basement bathroom additions are costly, especially if you don’t already have the plumbing and drains roughed in. If you’re lucky enough to have this option, finishing it on a budget will be rewarding.

1. Just do the basics. The bathroom can be mostly unfinished. Creatively sectioned off with wood planks and paint, it proves that a bathroom need not have marble and high-end finishing to be warm, cute and functional.

2. Dress up with shine. Another otherwise unfinished space with exposed ceiling joists and concrete walls and floor,  bathrooms have all the components to be completely functional, yet also sharp. Stock cabinetry can be added for necessary storage, and a mirror, lighting and accessories provide some glitz. Mirrors and other shiny accessories can be found at a variety of price points, helping you to stick with your budget.

3. Leave it open. Another way to save some money in your basement bathroom is to skip the walls altogether. A section of the basement is used for the bathroom, which is open concept. The shower is made out of a tiled curb with a curtain bar, giving it a modern look when privacy is not a concern. The toilet can be in a separate, walled-off enclosure behind the wall with the towel bar.

Workspace

Workspaces are often hard to come by, and if you can designate a corner for one in your basement, you’ll be glad for it. Surprisingly, it doesn’t take much to create a bright and functional zone out of, well, nothing.

1. Furnish and decorate. A basement office room works so well because it really has everything you need. Again, it’s essentially a raw basement that has been cleaned up with paint. Two collapsible tables can be tucked into a corner to create ample desk space. An antique-style armoire and side table add hefty traditional elements that dress up the zone and offer storage. Adding an area rug warms the painted concrete floor, and bright task track lighting is layered with the warm glow of a table lamp.

2. Make a rug statement. Carpet tiles are a cost-effective option for basement flooring as they can be purchased by the box and laid out to separate a zone or add warmth to a bare concrete floor.

3. Make a spot for the kids. Kids come with a lot of stuff, from toys to books and crafts, and a neat little work area in your basement is the perfect spot to organize it all.

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About the Author:

Coldwell Banker Grass Roots Realty specialize in Nevada County real estate. Search homes for sale in Grass Valley, Nevada City, Penn Valley, Lake Wildwood, Auburn and Lake of the Pines CA. Search land, commercial properties for sale and lease. Browse our experienced Realtors, sales associates, agents. Our agents are Full Time, Full Service Realtors ready to help you. We provide up to date information about our local community, as well as information about the current real estate market. Our website is updated daily. We are dedicated to helping you find your home. Contact us today!