If you’re a home owner who’s been suffering under the oppressive small-ness of a crawl space and you’ve longed wished to have a full, dry, livable basement, there’s good news!
In fact, it’s great news: Converting your cramped, tiny, moldy crawl space into a full basement is easier and more affordable than ever.
In the old days, this kind of job was almost unthinkable. The labor involved was much too intense for the average Joe, thus making thoughts of doing it yourself seem a little crazy.
When you add a basement from an existing crawl space, you literally have to dig out the area. This requires digging out all of the dirt under the home until you reach the desired depth. Then, you have to dig the width. This also requires the home being stabilized with pillars while the work is being done. Again, not for the weekend warrior!
Sure, back then you could hire someone back then, but honestly, the cost was astronomical in most cases. And, justifiably so… the amount of labor was both high and required skilled workers.
Now, you can hire a contractor to do your crawl space dig out for a pretty reasonable price. And, most professionals offer financing, so, you can pay off the job in time while the value of your home sky rockets!
A dig out is how the contractor replaces the crawl space with a basement. They actually dig out the area underneath your home and continue to a depth and width that allows them to now create a full basement.
They will make you cement walls and floors by using a combination of cinder blocks and cement. This gives the new room it’s form and strong structure. It is then waterproofed with a vapor barrier and finished, giving your home a ton of new found space to store your goods or to add rooms to your home.
What about the cost?
Since the industry has improved impenitent and streamlined the process of the dig out, the cost has come way down. It’s now a very affordable project. And, it can actually be completed in a few weeks!
The improved equipment has cut down on the amount of man hours it takes to complete the job. So, you can get a new cellar in less time and for less money!
The cost, of course, will depend on how big of a basement you want to add. But remember, even if you go for the biggest basement you can afford, a dig out or conversion is still, by far, the cheapest way to put an addition on to your home. Much more cost effective, per square foot, than adding a kitchen, new bathroom, remodeling, or a home addition.
A conversion from crawl space to cellar also gives your home a huge boost in home value. Return on investments of 100 – 150% are very common.
Why so much?
Because home’s with basements (especially those with finished, dry, waterproofed and mold-free basements) sell for much more than those that don’t. Studies have show this time and time again. And, any realtor will tell you the same. Homes with basements typically sell for 25 – 40% more than those that are built on slabs or have crawl spaces.