Use the Space You Already Have: The Alternative to a New Mortgage
May 28, 2024

Are you sitting on your hands, anxious to finally be in your “Forever Home?” With the current high interest rates and a competitive real estate market, now may not be the time for you to search. In this case, you aren’t simply stuck with the home you have. With Peak Improvements, you can alter your home to feel like new without the necessity of moving around Edmonton. Basement developments can not only increase the value of your home but truly impact how you feel while at home. To get started on developing your basement into something you’ll use, keep reading below.

Classic Basement Rooms

If you don’t have a specific need for your basement, simply designing basement bedrooms, bathrooms, and a flex space gives you so much potential. The growth of the Edmonton population leaves room for a higher percentage of people looking for a legal basement suite to call home. Peak Improvements can help any Edmontonian create a legal basement suite as a source of passive income or for additional family. While these may seem counterintuitive, it is a forward-thinking step for growing families and families who know that this isn’t their forever home. Renovations should be done while there is still room for enjoyment, not shortly before selling.

Useful Rooms To Make Money At Home

Basement suites are not for everyone. The idea of using that space for yourself is often a more desirable option—and that is great! Here are a few rooms you could develop in your basement:

  • Home office
  • Gym
  • Flex space
  • Guest bedroom
  • Home Theatre
  • Playroom
  • Wine Cellar

We can make what fits your lifestyle at Peak Improvements. Or, as we discussed in a previous blog, an unfinished basement is prime real estate that homeowners can develop into spaces to make money. You could design a massage studio, an at-home nail bar, a freelance office, and so much more. With such a blank space at their fingertips, Edmonton homeowners have endless possibilities on how they can turn their basement development into a money-maker.

Who To Contact About Starting Basement Renovations

Peak Improvements has years of experience in basement developments for Edmonton homeowners who are in search of a trustworthy company to do the job. Besides our past customer success, we offer a guaranteed price and no surprise contract. In short, this means that the price our clients sign the contract for is the end invoice they recieve. To learn more about the guaranteed price and no-surprise contract, you can read about it in-depth here.

Edmonton trusts Peak Improvements with their basement development projects—and we work hard to continue that reputation. For your next home-related endeavour, contact us. We work with specified budgets and an array of people with vastly different needs and lifestyles. Got questions? We can answer them, or read more about us on our blog.

See also: Calculate your basement development project with our free calculator.

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