What is basement renovation?

When you look around your home, there are likely a number of areas that could use a little bit of improvement. You may have a chipped paint job, outdated kitchen appliances or outdated flooring that needs to be replaced. Often, the floor of your home is one of the last things people think about when renovating their homes but it can make a huge difference to how your family uses the space. It also increases the value of your home and can be a major selling point for potential buyers.

If you’re planning to sell your home in the future, then putting down new floors is the best investment you can make. It will instantly improve the aesthetic of your home and give it a fresh, updated look that will attract prospective buyers and help you sell your home more quickly.

Even if you’re not thinking of selling your home, a renovation flooring renovations Winnipeg can provide you with a new, more comfortable living space that will allow you to enjoy your home more. New carpeting will be a welcome relief from scratchy old tile or worn out hardwood. It will add a soft, warm feel to your home and is more comfortable for kids and pets. In addition, it can be a great sound absorber and will help you cut down on your energy bills because the new material will keep the temperature in your home more stable which cuts down on the need for heating and cooling.

Depending on the type of floor you have, it may need to be replaced because of serious damage. In most cases, hardwood that is sagging or warped can be fixed with refinishing but if the board has been permanently damaged by water, it will need to be replaced. Some signs that a floor is suffering from water damage include boards that are warping, discoloring or molding. In the worst case, the wood may start to “crown” which causes boards to stick out of the rest of the boards creating a mound or hill.

It can be expensive to replace flooring so it’s important to plan your budget before getting started. Talk to the professionals about your options and find out what is within your budget. They can guide you to the right choice for your needs and provide insight into what other expenses may be involved in the project such as removal, subfloor prep, padding and installation/labor costs.

Another factor that could affect the cost of your flooring is the amount of equity you have in your home. This is the difference between what you owe on your mortgage and the current market value of your home. If you have built up a significant amount of equity, then you may be able to take out a loan which will help lower the overall cost of your flooring project. If you’re unsure how much equity you have, a professional can help you determine this and recommend a financing option that will work for your situation.