Get matched with top basement remodelers in Hickory, MS

Installing a bathroom in a basement isn’t a project for most homeowners. Many parts—plumbing, electricity, and carpentry—go into this project, each requiring expert-level knowledge and tools. One miscalculation can lead to very expensive repairs. Plus, some homeowner’s insurance might not pay for damages caused by a homeowner DIYing this project. You can protect yourself by allowing the pros to complete this job for you. 

Finishing an unfinished basement adds the most value, with an average return of 70% or $22,400. A bathroom addition in the basement will provide an ROI of 75%, but the higher cost will leave you with a lower actual return of $9,000, on average. Finishing a basement and adding a kitchen, bathroom, and bedroom to rent the space will leave you with the highest possible ROI, as you could see well over 100% if you rent the space out long-term.

Roughing in and connecting utilities are the hardest parts of finishing a basement, and they’re the parts we typically don’t recommend doing as a DIY project. Unfortunately, your finishing timeline can be extended by weeks while you wait for contractors and inspectors to install electrical wiring, plumbing lines, and heating/cooling equipment and carry out inspections.

Adding an extension or addition to your home costs more than a loft conversion in all but the rarest cases where the home's structural integrity is lacking. Because a home addition requires a new foundation section or significant structural upgrades to handle a cantilevered portion, the cost compared to almost any loft conversion is significantly greater for the same square footage.