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When considering finishing your basement, take into account a few pros and cons:

Pros

• Can increase the value of your home

• Separate space from the rest of the house 

• Customize and personalize the basement to suit your needs and style

• Increase the amount of living space in your home

Cons

• May not regain enough value to cover the cost of finishing

• Lack of natural light if it’s below ground level

• Moisture or flooding can cause costly damage

• Installing plumbing and electrical can be messy and costly

A crawl space is an area under the house that provides access to plumbing, electrical, heating ducts, and other HVAC units. Its purpose is to create a buffer between the ground and the living area, helping with ventilation, moisture control, and access for maintenance or repairs. Crawl spaces are most often seen in houses in North America which are built on concrete foundations versus other parts of the world where buildings are constructed differently.

Yes, you can technically make a crawl space liveable, but the only way to do so is by converting it into a basement. While some crawl spaces are big enough to walk through and store large items, they lack appropriate insulation and space to be liveable.

No, you don’t want your crawl space to be wet because water and even moisture in the air under your home can attract insects and rodents, decrease your indoor air quality, increase your energy bills, promote mold growth, and even lead to structural damage. If you notice any signs of water or humidity in your crawl space, you should get the issues addressed immediately by contacting a professional. They can remove moisture and will know how to waterproof your basement to prevent ongoing problems.