Sweat Equity Extras:- Taking advantage of their newly added space, the Husteds make it a little homier by moving down furniture including a lounge chair, an office desk, exercise equipment and wall pictures (figure A).
- Dave and Anne add the option of a basement guest room by installing a queen size Murphy bed frame inside a new closet (figure B). By doing so, they avoid the mistake of customizing the basement too much. A multi-purpose room means future buyers can use the space the way they want.
- In addition to adding can lighting, the Husteds also add a decorative light fixture in the basement hallway (figure C).
- They also add a wall mounted television set to create yet another space option for the basement: recreation (figure D)!
Anne and Dave started their basement project with a well-conceived plan. During the project, they saved a lot of money by careful selection of materials and by doing a majority of the work themselves. In the end, they get to enjoy their finished basement, but will they ever see that money again?
Final Tally:
framing/insulation = $934
electrical/lighting = $798
drywall = $2,200
doors = $389
Murphy bed = $750
flooring = $485
paint/trim = $459
TOTAL = $6015
REALTOR’S ESTIMATED VALUE INCREASE = $15,000
RENOVATION COST = $6,015
NET RETURN ON INVESTMENT = $8,985
![PHOTO](javascript:popup("http://img.diynetwork.com/DIY/2006/09/27/DSEQ105_Seg4_furnishings01_e.jpg",350,450))
![PHOTO](javascript:popup("http://img.diynetwork.com/DIY/2006/09/27/DSEQ105_Seg4_bed02_e.jpg",350,450))
![PHOTO](javascript:popup("http://img.diynetwork.com/DIY/2006/09/27/DSEQ105_Seg4_light03_e.jpg",350,450))
![PHOTO](javascript:popup("http://img.diynetwork.com/DIY/2006/09/27/DSEQ105_Seg4_tv04_e.jpg",350,450))
