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Why Finishing Your Basement is a Good Investment

Finishing your basement is an ambitious home improvement project, but it’s one that will pay dividends with the benefits it will bring to your home. Not only do finished basements improve your quality of life, they also increase the value of your home, a factor that is of no small importance. In this week’s blog we’ll talk about why finishing your basement is a good investment in your home and your family.


Why Should You Finish Your Basement?

Home Value

According to, the average cost of finishing a basement in 2013 was just over $60,000. The average value this added to the home was $43,000, meaning a homeowner who finished their basement recouped 70% of the cost of the project. This is a great number that you’ll be even more grateful more when you sell your home.

Increase in Usable Space

Aside from storage, unfinished basements aren’t very useful in terms of useable space. They’re often somewhat dirty, unconditioned, and simply not somewhere where anyone in the family wants to spend any time. Finished basements, on the other hand, give you the potential to add at least one if not two additional rooms to your home.

New Room Potential

You can put almost anything in a finished basement, from a home gym to a home entertainment room. Basements are also great for kids play rooms, and once the kids grow up, you can modify the room as needed. In addition, you get the opportunity to design a completely new aesthetic for a completely new home in your home, which is great for those who enjoy design and creativity.


finished basement


Your Project Loan has over 55 years of experience helping homeowners get the loans they need to make their remodeling dreams a reality. Is your kitchen aging faster than you’d like it to? Is the bathroom in need of a facelift? We’ve got you covered. No matter what kind of remodeling you want to do, we can get you the loan to finance it. With new low 4.99% APR financing available in all 50 states and up to $100,000 with no equity required, now is the perfect time to go to our website and fill out our 60 second loan application.

Are you a home improvement dealer? Want to increase your sales?! We can help you provide financing for your customers as well. Please fill out our dealer application and you will be contacted within 24 hours by one of our Home Improvement specialists.

As the old adage goes, time is money, and for an investment of just 60 seconds you could be looking at a great loan for your home remodeling project. In less than the time it took you to read this blog, you could have been on your way to a loan today. So don’t delay, head over to our application and get started! And be sure to follow Your Project Loan on FacebookTwitterGoogle + and LinkedIn.



This entry was posted on Friday, May 9th, 2014 at 5:14 pm . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.