DIY Network

Stepping Up the Basement: Value Boost and Final Tally Value boost and final tally From "Sweat Equity" episode DSEQ-106

John and Colleen Rauscher dramatically transformed their outdated basement by taking down the wood paneling, installing stunning hardwood stairs and adding a state-of-the-art home theater system. Even though the Rauscher’s personalized their space, by not adding built-ins and choosing a neutral paint color the room is open to change when and if they decide to move. But for now, they have a downstairs they can truly enjoy.

advertisement

	Figure A
	Figure B
	Figure C
	Figure D

Sweat Equity Value Boosts:

• By removing the wood paneling, adding drywall and texture, the Rauscher’s updated their basement to the style of the rest of the house. A consistent look through the house is important when incorporating a newly renovated space.

• Adding hardwood risers and treads over the existing staircase instead of rebuilding the entire staircase helped the Rauscher’s save money (figure A). Well-maintained hardwood floors instantly boost equity and style.

• The Rauscher’s installed recessed can lighting in their basement (figure B). Many basements have low ceilings and can lighting, in this case, makes the space seem less imposing and more open.

• Colleen’s paint color choice reflects the natural light in the basement, making it a brighter space (figure C). Typically light-colored paint enhances darker rooms, like a basement, when selling your home.

• And finally, the Rauscher’s home-theater-in-a-box was the best bang for their buck (figure D). Home theaters are popular right now and they show well, but adding built-ins for your equipment limits the use for your space for future homeowners.

Final Tally:

Lumber = $1,900
Drywall = $1,100
Carpet = $1,500
Labor = $1,321
Paint/Fixtures = $1,170
Lighting = $1,009

TOTAL MATERIALS = $8,000

REALTOR’S ESTIMATED VALUE INCREASE = $25,000

NET RETURN ON INVESTMENT = $17,000

RESOURCES :

Handyman Matters
Website: www.handymanmatters.com

Paint (Sherwin-Williams)
The Sherwin-Williams Company
Website: www.sherwin-williams.com

GUESTS :

Reid Miller
Miller Flooring of Colorado Inc.
Phone: 720-581-1575
E-mail: millerflooringco@msn.com

Adam Berlin
General Contractor
Maverick Home Remodeling Inc.
Website: www.RenewTheHome.com