Basements often present owners with a way to get the most for their money. It is typically the cheapest way to gain finished space in your home. An unifinished basement, in its raw block/concrete wall condition, tends to have a dungeon like feel to it. With a little time and creativity, a little structural alteration, and some of the best money a homeowner could ever spend, the basement could easily become the favorite spot of parents, kids, and guests. Historically, space gained from basement remodels was limited in use family rooms & offices. Now, with new codes, new technology, and new methodology- a basement can become new bedrooms and bathrooms. This can have a dramatic positive effect on the value of your home.
High end home in an upscale neighborhood received a finished basement including kitchen, bath, wet bar, entertainment center and bedroom.