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Building a bar in the basement will likely add value to your home, although it’s unlikely that you’ll see a significant return on investment (ROI) unless you plan on using the space for you and your guests. If you think you’ll use the area frequently, though, it’s probably worth the investment, and you should see a bump in value if or when you sell your property.

Kitchens and bathrooms are typically the most expensive rooms to renovate. The high cost is due to several factors, including expensive appliances like ranges, hoods, and refrigerators, as well as costly fixtures. The 'bones' of the room, such as electrical and plumbing, are also expensive to move or replace. Because of the vast amount of prep work, finishing, and specialized labor involved in a relatively small footprint, these projects can cost double or more than a living space remodel. Even when trying to renovate on a budget, kitchens and bathrooms will likely carry a hefty price tag.

You technically can paint wires in a basement ceiling, but there are several important safety and code considerations. It's safe to paint non-metallic sheathed cable as long as the labeling remains visible. You can also paint low-voltage wires and conduit and junction boxes to help them blend into your basement. 

However, you should not paint damaged or deteriorated wiring is a fire hazard because it poses a fire hazard. The same goes for painting over high-heat wires that connect to heat-generating appliances or systems. Be sure to avoid painting multiple coats onto any wires, as that traps heat and poses fire risks.

If you have the woodworking experience to build a bar from scratch and you have the time, DIYing the work is a no-brainer and can save a few thousand dollars. However, if you’re looking to include a sink, additional lighting fixtures, or high-end bar tops and cabinets, it’s usually a better idea to call in a pro. It will cost more, but the finished product will likely be worth it.