7 Great Things to Do With a Finished Basement

7 Great Things to Do With a Finished Basement Main Image

Finished basements don’t just deliver a healthy return on your investment come sale time – they’re also proven to boost your overall enjoyment of your home. Even better, your basement-finishing options are endless. From income boosting suites and games rooms to kid-friendly hangouts or home fitness centres, there are several ways to transform your basement into a space you just can’t get enough of.

Here are our top seven (great) ideas for a finished basement:

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See our previous post: Should I Finish My Basement Before I Sell?

1. Separate Suite

Homeowners looking to generate a little extra cash will undoubtedly benefit from an income-boosting secondary suite. Not only will it help you pay your mortgage off faster, but the renovations required will pay for themselves in a short time. Alternatively, this separate suite could be used as a live-in basement apartment for an ageing parent or family member.

See our previous post: What Do Tenants Look For in a Rental Property?

2. Teen Hangout

As children get older, they inevitably prefer more privacy, so why not utilize the basement? A great location for an additional bedroom and bathroom, a finished basement provides a semi-private liveable space for teenagers as well as college-aged children who may require a separate area to both relax and study.

3. Guest Getaway

A cross between the income suite and teen hangout mentioned above, your basement provides a place to visit with guests while giving them privacy. Here too, an extra bedroom and bathroom would be ideal, both of which should include extra storage to accommodate visitors. Lastly, a secondary family or bonus room is perfect for entertaining company as well as giving them room to spread out.

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4. An Entertainer’s Dream

Speaking of entertaining, homeowners who love having company are sure to appreciate at least one of the following ideas:  

  • Movie Mania – A.K.A. a home theatre, bring the magic of the silver screen into your very own home with the help of a projector screen, theatre-style seats, the right lighting and a robust sound system (maybe a little soundproofing, too).
  • The Ultimate Games Room – Whether it be billiards, board games, arcade games or the latest systems, you’ll enjoy transforming your basement into a hub of all things awesome.
  • An Enviable Basement Bar and/or Wine Cellar – Wine aficionados will love having access to their very own basement cellar. Those looking to practice their bartending chops will have everything they need with a wet bar, some built-in shelving and the right ingredients (of course).

5. Your Own Personal Gym

Get fit in the comfort of your own home. As flooring in this area will be prone to wear and tear, experts recommend using foam, vinyl or rubber during the finishing process (carpet or cork are also good options). Here again, built-in shelving may be needed (for equipment storage or a television) as well as air conditioning, a few mirrors, a window, etc.

6. A Quiet Home Office

Those working from home are sure to enjoy the peace and quiet only a basement home office can provide. Admittedly, the office (likely) won’t take up the entire basement, so you’ll have plenty of opportunity to add a nearby bathroom, additional workspace, small kitchen, adjoining or reception area.

See our previous post: 6 Tips for Creating the Ultimate Home Workspace

7. A Designated Play Space

Keep toys, games, and other kid-specific clutter out of your home's main living quarters and in a designated space by establishing a play area in your finished basement. A few ideas include installing plush carpeting, colourful walls/ pictures and creating a dedicated craft and activity space. You may even choose to include this room next to your home gym or office to keep on eye on children at play.

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