The basement is a great place to create extra living space for the family. In addition to adding more bedrooms to a home, a well designed basement is an aesthetically pleasing room that can actually increase the value of a home. It is also a place to hide away from the hubbub of the main house.
A legally constructed basement is a bit on the pricier side, but it’s a safe bet it’ll be worth the price. In fact, a legal basement apartment is a thriving market in Brampton. Many families are taking advantage of the opportunity to add more living space to their homes by building second units in their basements. Adding a second unit can be as simple as building a new wing in the basement or as elaborate as demolishing a load bearing wall to make way for a new floor. There are many advantages to converting your basement into a rental income unit.
You may be able to rent out your new basement apartment to friends and relatives. This can add to the resale value of your home, as well as your overall bottom line. However, before you start making plans for a basement remodel, you’ll want to make sure you have the right permits in place. Luckily, the City of Brampton has a handy website that lists all the permits in a particular district. Also, there are some key questions you’ll need to ask your contractor before you can sign any paperwork.
To get the most bang for your buck, you should be able to estimate how long the legal basement contractors Brampton project will take, and how much it will cost. This will depend on the size of the area you’re remodeling, as well as the types of materials used. Before you start, you’ll also need to secure an occupancy permit from the city.
While you’re in the basement, you might want to look at installing a bathroom. Not only will you be saving yourself a trip up the stairs, but a bath is a must in a second unit. An attached bathroom can help keep your visitors happy and dry.
There are a few other perks to having a legal basement apartment. If you’re not the type to move, you can rent it out to guests, and you’ll have the bonus of having a spiffy new basement to boot! And, if you have a large yard, you can even use the space to build a garden or deck.
Finally, if you are planning to remodel your basement, be sure to take advantage of all of the free tools and information available to you through the city. They’ll show you what the city has to offer in terms of permits, inspections, and other important info. Additionally, the aforementioned free home renovation assessment will help you see what types of services you’re likely to need in order to get the most out of your project. That said, you’ll still need to find a basement remodeling specialist to put it all together.