Are you considering adding a basement to your home? A Basement addition does not only add a lot of square footage to your home but also will also add immediate value to your home.

Basements are not cheap. the average cost for adding a basement to your home is anywhere between $30,000-$70,000 or more.

Basements were used back in the Victorian area when labor was cheap and cellars were needed to keep for food storage. But as time went by the need for a basement dwindled and more homes were being built without a basement. You will often see basements in colder weather climates where the ground freezes for months at a time.

Today basements are becoming more popular again with the housing market skyrocketing and the price for a home becomes astronomical. Instead of buying a larger home, homeowners are moving towards having a basement added for their much-needed space requirements.

There are several pros and cons to adding a basement that we will cover below.

Pro - by adding a basement to your home you are increasing the size by up to 50 percent without needing more land to do so.

Pro - Basements have a great appeal for a family who needs the extra space but does not want to give up the home they love.

Pro - A basement will add between 40% - 50% to the value of your home.

Pro - Basements can make good use of sloping land.

Pro - A basement can be energy efficient as well. Because a basement is underground it creates its own form of insulation. Basements can stay cool in the summer without having to use much air conditioning.

Pros - Basements add another level to your home. You can utilize your basement for almost anything from an in-law suite or an extra bedroom or even a family room. The flexibility and possibilities for your new space are endless.

Cons - Basements are not an option where the water table is high. Abasement that floods can cause thousands of dollars in restoration.

Cons - It is not cheap to have a basement put into an existing structure.

If you are wanting a basement addition it is circuital that you find the right contractor who knows what they are doing to complete the job. Cracked foundations are very expensive to repair and usually the result of a foundation that was not done correctly.

This is where we come in. We are K-Boys Construction and we are locally owned and operated with over 14 years in the construction business. We have an outstanding record for high-quality service with fair and honest pricing Contact us today with any of your construction needs.