The design of your basement should be planned and executed carefully. If you want a modern take to your below-ground space, a walkout basement is a good option. It provides many benefits that make it worth a try. However, it also comes with several disadvantages.
At Pittsburgh Basement Remodeling, we are experts in turning basements into functional, comfortable places. Here are the key things you need to know about walkout basements:
What Is a Walkout Basement?
As the name implies, a walkout basement is a basement with an entrance and exit. It is an independent, self-sustained space with its own doors and windows. This means you can directly walk out of your home without using the main entrance. Building a walkout basement is possible if your lot has some elevation difference from front to back.
Pros of Walkout Basements
Due to their unique design, walkout basements are popular among homeowners. These are a few advantages of this basement addition:
Better Lighting
It’s common knowledge that basements tend to be dark and dim. This happens because of the lack of natural light. Unlike the standard basements with fewer windows, walkout basements are brighter. The additional windows and doors allow natural light to come into the underground space.
With a walkout basement, you don’t have to deal with a dungeon-like space. The natural sunlight will make your basement more inviting and aesthetically pleasing. You will also get more ventilation, thus preventing mold growth.
Added Space
A walkout basement can serve as an extension of your home. The extra space can be used for a media room or a minibar. You can turn this into a second living room where you can spend time with your loved ones. It is also an ideal space for a home office, which allows you to boost your productivity.
Building a walkout basement is an excellent way to add square footage without increasing your home’s footprint. You’ll have much room for storing your old stuff and day-to-day items.
Additional Income
When you create a walkout basement, it’s like you have a standalone apartment. It has its own windows and doors, so you can use it as a rental apartment unit. Having an extra bedroom means little extra cash. Your walkout basement can serve as a private space for your tenants or in-laws. They can have their own suite while you make money from the rent collected.
Accessibility
The additional door in your walkout basement means easier access. This is perfect if you have renters or guests staying in your basement. In addition, it provides an emergency exit in case of a fire or other disaster.
Increased Home Value
Since a walkout basement is a long-term investment, it will boost your overall home value. Properties with walkout basements significantly appreciate in value. The additional square footage is appealing in the real estate market. If you’re planning to sell your property, many buyers will go for a home with this home design.
Cons of Walkout Basements
Aside from advantages, walkout basements have cons and drawbacks that you should know. Here are some of its disadvantages:
Additional Cost
Any home improvement project incurs a cost that you need to cover. To build a walkout basement, there should be a slope at the rear of your property. If there’s none, you need to excavate a part of your basement foundation to create a slope. The excavation costs will be added to the total expenses. Be prepared because this project can be a little pricey.
The average cost is around $6,250 for the materials and labor. You will pay extra costs for the door wall, additional framing, and permit fees.
Feasibility
Not all walkout basements are possible to pull off. If the topography of your land, your basement has to be excavated. A slope or any uneven land surface is more suitable for a walkout basement. Consult a professional basement remodeler to discuss your future project.
Property Tax
Renovating your unfinished space into a walkout basement is considered new construction. This will increase your living space and property taxes as well.
Is a Walkout Basement Worth It?
With the right contractor, your walkout basement can be a worthwhile investment. Reach out to Pittsburgh Basement Remodeling to achieve your dream basement space. Schedule a consultation with us!