New Construction Basement Benefits

by Marianna E Perez 03/28/2021

Photo by Curtis Adams from Pexels

When you start designing a new home, you need to decide which type of foundation you want: crawlspace, basement or a slab foundation. All three have pros and cons that you need to consider. Basements in particular have many advantages, but some important disadvantages to consider. Here we will go over both the pros and cons to help you decide if a basement is right for you.

Basement Benefits

Extra Space

The biggest benefit of having a basement is the amount of extra space it adds to your home. Whether you want to build an in-law apartment, a game room, additional bedrooms, or make a home office in the basement, you have the space to do it. Another popular use for basement space is storage.

More Entrances

If you choose to build your house on a hill, the basement provides an opportunity for an additional door to the outside. Adding French doors or sliding doors from the main basement area, such as a game room or an office, gives you a view of the back of your property and allows you to step outside without going upstairs. Depending on the layout of your lot, could also use your basement as a garage space.

Energy Saving

Basement walls are thick and insulated by the ground. It's easy to heat a basement, and since heat rises, you'll save on the energy needed to heat the first floor of your home.

Repair Access

Unlike a slab foundation, all the pipes you need are under the first floor. This makes it easy to access pipes and other utilities for maintenance, repair, or general upkeep.

Emergency Shelter

It's easy to create an emergency shelter in your basement. Even without adding a reinforced roof between the top of the shelter and the floor joists for the first floor, a basement is the safest place during heavy storms.

Safe Storage

You can even add a hidden safe in the basement. If you add another small room with access on the outside wall from inside the basement, and hide that access, you'll have a large safe that will be difficult to find. You can build a small room around a large safe or simply build a room with a locked door and keep a safe in the room.

Basement Disadvantages

There are two major cons to having a basement: the cost and the possibility of flooding. As for the cost, if you are building your dream house, you want to do it once and be done with it - without regrets. Basement cost is calculated by square foot, so it will depend both on the going rates in your area as well as the size of your house. It's also common for basements to increase mortgage payments, so make sure you confirm the possible ongoing costs of adding or including a basement.

The other downside to having a basement is the risk of water seepage and moisture. When you discuss your basement with a builder, make sure the builder uses the best basement waterproofing to mitigate excess water from seeping into your basement. If your home is on a slope, you can also install a French drain or other drainage several feet away from your home. The extra drainage will direct water away from a basement or crawlspace.

When building a home, take into consideration the benefits of a basement as well as the potential setbacks. In the end, only you can decide what's best for your home and your budget.

About the Author
Author

Marianna E Perez

Marianna E. Perez is a Real Estate professional with over 20 years of experience. A lifelong resident of South Florida, she keeps her finger on the pulse of the latest trends and movements in the real estate market. She offers clients top-notch guidance from start to finish, ensuring the entire process is seamless, efficient and rewarding. Prior to entering real estate, Marianna was Senior Vice President of Commercial Real Estate Banking at City National Bank of Florida. She provided strategic leadership facilitating profitable and efficient origination of real estate loans. Marianna was a trusted advisor to clients and to the bank growing a real estate portfolio to over $300 million. She is firmly committed to the philosophy “not quantity, but quality,” which she practices in both her personal and professional life. Marianna is a graduate of FIU where she earned a bachelor’s degree in business management. She is a member of the Miami Association of Realtors, a lifetime board member of the BASF (Builders Association of South Florida), a member of CREW (Commercial Real Estate Women), and ICSC (International Council of Shopping Centers). She is also involved with the Women’s Leadership Council (United Way TNC). In addition, Marianna has received these special industry accolades: Housing Hall of Fame inductee 2017 Builders Association of South Florida, Associate of the Year 2017 Builders Association of South Florida, Florida’s Best Awards Chair 2016 and 2004 Builders Association of South Florida, Vice President 2008 Builders Association of South Florida, President’s Award 2008 and 2003