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Basement remodeling is a fairly common practice in many parts of the country. With a space that is as unique as that of a cellar, it is actually quite impressive to see how versatile a basement can be, and the many options available when it is properly renovated. Some choose to turn their basements into extra bedrooms, or even small apartments, while others have put their cellars to even more interesting uses. In Los Angeles, basement remodeling is not only a good idea for households that require a bit more space, but for anyone who wants to improve his or her property while keeping all of their yard space and saving a few pennies, to boot.
Benefits of Los Angeles Basement Renovation
Though not as popular as they are in some other places in the country, Los Angeles basement remodels are a viable option for many reasons. First and foremost is cost-effectiveness. Since most of the structural elements are already present in a basement, making it into a living space will take much less time than it would to start at the beginning and build these structural elements from scratch. This not only means that the project can be finished faster than a conventional addition, but that you'll pay less for labor.
Another distinct benefit of basement remodeling in Los Angeles is that basements tend to be excellent places for less than usual use. While you can make just about any space into a game room complete with a pool table, the sound protection in a basement may allow you to install a bowling lane. Sure, a band can practice in a garage or living room, but a finished basement offers a setting that will be easy on your neighbors.
One option that is gaining in popularity for Los Angeles basement remodeling is turning the space into a wine cellar. There's no better place to store your favorite reds, champagnes, and whites (domestic or imported) than in your own home. Often, basements are large enough that you can not just store your wine, but you can also set up a small tasting room so you and your guests can enjoy those wines in an intimate and pleasing setting.
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Drawbacks of Los Angeles Basement Remodels
Other than the fact that many L.A. residents don't have a basement to remodel (and, of course, aren't good candidates basement remodeling), Los Angeles homeowners have one very good reason to consider a different project. When it comes to resale value, basement remodels in L.A. add far less resale value than their competitors, attic remodels. An average L.A. basement remodel recovers about 84% of its construction costs, while an attic remodel in southern California is likely to recover nearly 99%. Attics, however, are generally not good places to store wine, play music, or, of course, bowl.
Prices of Los Angeles Basement Remodels
When you consider how much a traditional addition costs (a family room addition often runs a little under $91,000, and a master bedroom addition averages over $110,000 in Los Angeles), basement renovation, which comes in at an average of just over $67,000 makes a lot of monetary sense. There are many factors that can change your bottom line price, and getting multiple estimates is a good way to keep your L.A. basement remodeling costs as low as possible.