Whether you’re hoping to move in a relative or generate some rental income, building a basement apartment is a great way to add space and value to your home. Make sure this investment is done right by keeping these factors in mind:
Check local zoning laws and regulations. Building codes differ depending on where you live, so before you start any planning take time to research your local by-laws for fire safety, layout, sound-proofing and other requirements. If you want to make it a rental property, keep in mind that many municipalities require that basement apartments have a private, separate entrance.
Decide on rooms and layout. Do you want to build a studio, one bedroom or two? There are a few things that will affect your decision. A studio will be easier and cheaper to build, but you’ll be able to charge a higher rent if the unit has one or two bedrooms. Creating separate living and kitchen areas can also command a premium on the rental market or provide more convenience for your live-in guests.
Make smart flooring choices. Carpet, LVT or laminate – whatever material you choose, be sure to use a subfloor. Not just an add-on to basement renovations, a subfloor is a foundation to a properly built basement apartment. Help protect your flooring investment from moisture and insulate against the cold concrete with DRICORE® Subfloors. These subfloor panels have been designed with Air Gap Technology to help keep basement floors dry, comfortable and cozy throughout the year.
Consider some nice-to-haves. While none of these are mandatory, many nice-to-haves make everyday living easier and more comfortable for both your family and whoever is living in your basement, whether it’s an in-law or a tenant. Individually controlled heating and cooling mean no fighting over the indoor climate, and a separate laundry room will allow everyone to have privacy and convenience. Think about not just what you need for right now, but what you may want down the line – such as a dishwasher or shower.
Find more information at dricore.com.