Basements are among the least-loved areas of real property. Contrary to how they depict the bottom of the earth in horror films, basements can be cozy living areas. Initially, it cannot be easy to offer your basement on the market for rental. However, with a bit of effort, you’ll be attracting the perfect kind of tenant within a matter of minutes.
How to Make Your Basement Rent-Ready
Young professionals and students make up the largest customers for basements within Ottawa. But, small families are also considering renting basements when they first move into the capital city. In the first place, think about who your ideal tenants would be, and then begin remodeling accordingly.
It’s a myth that basements can’t transform into cool rooms like the upper floors.
If you undertake the correct makeover, you may turn your basement into a cozy, fashionable space where people desire to invest their money. From a bachelor’s house to a comfortable home for two, your basement can transform into a paradise with some tweaks.
However, before you start with the vast overhaul and put your basement for sale, you should list the essential elements that make it habitable.
Here Are the 6 Tips to Get the Best Out of Your Basement Remodeling:
1: Maintain Moisture at Bay by Securing Your Basement Waterproofing
Basements are usually vulnerable to leaks. Being aware of indications of moisture early will ensure that you do not get unexpected rains that can find in basements. It requires you to ensure you have solid basement waterproofing that doesn’t leave any holes unfixed. Try the smell of your cellar as the best method to verify this. You’re likely to leak if you detect something stale and musty.
2: Make Your Basement Flooring Selections Carefully
It’s common knowledge that basements tend to lose heat considerably more quickly than the rest of the house. It’s not a good idea to allow tenants to use the fireplace instead of running an additional heater. The proper basement flooring will keep the area relatively warm for a longer time. When remodeling the basement floor, use a healthy mixture of vinyl and carpet.
3: A Rentable Basement Can Make Use of Extra Storage
Most basement homes in Ottawa have more storage spaces than those on the upper floors. It is an enormous advantage for people who have recently moved to the city. The way you revamp your basement should make the most of the space. Instead of letting your tenants live on that scrap bicycle you don’t require, ensure the area is clean for your tenants to enjoy.
4: Make Sure You Turn on the Light Before You Put Your Basement Apartment for Rent
Because you can’t typically find natural light in basements, it is a good idea to paint your walls morning and choose brighter lighting for your basement. You can think of floor lamps that are tall and extravagant lighting fixtures to help make your area appear stylish and lively.
5: Take Extra Care If the Basement Apartment to Rent Has Kids
The first step for safeguarding your home from children is to ensure that the electrical system is away from the reach of kids. Many homes have electrical circuits in the basement, which you must consider when making improvements. It’s always good to have a bustling basement, and that’s why letting your basement go to a family with children isn’t a perfect idea.
6: Make Space for the Basement Kitchen Smoke
It isn’t a good idea for your home to smell like your tenant’s food. Install carbon monoxide and smoke alarm detectors. The basement should be kept safe. Crucial for the safety of your home in general.
Do You Want to Rent a Basement? Here’s What You Need to Know!
Although basements are a great place to keep your privacy, you should consider every aspect before renting an entire basement. Before signing the lease, you should take a few things into account.
- You should ask your landlord if the appropriate authorities inspect the building.
- If you’re a fan of peace and efficiency, It is essential to determine whether your basement gets soundproofed or not. Find out how loud your roof is. Be honest and inquire about the frequency at which the upper floors host parties.
- The location where you lease your basement must not be at risk of flooding. Basements are most severely affected by flooding.
- Look for signs of mold and insects and inquire with the landlord about the frequency of the pest control.
- Ask the landlord about fire escape routes and lock security as basements have multiple entry points.
Ottawa Home Pros has an extensive gallery that can give customers ideas for finishing their basement. To request a price, call us at (613) 288-9145 or email at info@ottawahomepros.com.
