Suppose you’ve been contemplating transforming your basement into an area that makes the most of it but also earns you additional income for your home. In that case, A basement apartment might be the ideal option.
Numerous homeowners look for basement apartment concepts to provide the most outstanding investment return. Although this could require extensive, expensive renovations, turning your basement into a basement apartment is well worth the expense, particularly when you consider that you could make your investment back in your first few years of leasing your basement.
The Building of a Legal Basement Apartment
The first thing homeowners should consider asking when they are considering adding an apartment in the basement of their property is whether such apartments get legally permitted within their region. Answers to that question can get obtained by asking your local city if basement apartments are allowed.
It’s not enough to reside where basement apartments are permitted. Based on your location, it is possible to make changes to your basement or any other area inside your home without needing approval from the municipal authorities.
Basement Design Ideas for Apartments
The design style you select for your home will affect the amount you will charge a tenant to lease your basement. The bigger the space that you have, the more money you can request in rent. It doesn’t mean you have to build as many rooms as possible to maximize the space’s value. Be aware that the basement layout you select should complement your living space. It means you should consider the size of your basement in deciding if the one or two-bedroom layout is the best choice.
A few homeowners might doubt the decision to convert the basement to an apartment believing that their basement isn’t enough. If you’re working with the space of a tiny one, it is possible to think of innovative ways to make the most of your room to keep your basement clutter-free. However, you’ll be able to reach your goal. Look into small basement layout ideas to see what options are available.
Your Basement Apartment Must Contain the Rooms Below:
- Kitchen
- Living room
- Bathroom with full size
- Bedroom with closet
- Dining area
Things to Consider When Designing the Basement Apartment
When Deciding on the Floor Plan and Layout of a Basement Apartment, There Are a Few Points to Consider:
Create a Separate Entrance for the Apartment
It is essential due to a variety of reasons. Tenants must enjoy as much convenience and privacy as possible. A separate entrance is not only a way to ensure both but also provides an extra security measure in the event in the event of the possibility of a fire.
Install a Separate Heating/Cooling System in the Basement
Doing this can sort out the utility bills or stop them if the basement isn’t get hired out for a specific period. It also allows your tenant to alter the basement’s temperature to meet their personal preferences.
Check That the Basement Walls Are Correctly Insulated
If you’re beginning with a basement that gets not finished, you must ensure that your home complies with building codes that regulate waterproofing, flooring, and insulation.
For more information on the possibility of converting your basement into an apartment in the basement, contact Ottawa Home Pros. Please call us at (613) 288-9145 or email info@ottawahomepros.com. We are here to assist you.
