What Is a Walkout Basement?
A walkout basement differs from a regular basement in that you can leave it without the use of stairs, and exit out onto level ground. Also referred to as daylight basements, they often have windows and doors, and are usually built into homes that are on a sloped lot. Homeowners in Toronto find many uses for this space, from simply using it for a convenient storage or family space to renovating it into a living space for rent.
Options, Options, Options
Even if you have an unfinished walkout basement, there is lots of potential for renovations that can bring you all sorts of benefits. Just like any other basement, you can use it for convenient storage, or finish or remodel it into something more functional. From indoor gyms and yoga studios, to family rooms and living units like legal second suites, the options are endless. Going through with the renovation and completing it into a functional space can raise the property value of your home, as well as providing you with potential rental income.
Building a New Walkout Basement
If you do not have a walkout basement but your home sits on a sloped lot you can consider adding one. This process can be tricky, as you want to make sure you are not exposing yourself to water damage or other complications, so make sure you always choose a reputable contracting company to do the job for you. Some important things to consider include making sure that:
- Your lot has enough of a slope to allow for a walkout basement.
- You have the foundation support to accommodate the design.
- We apply waterproofing and other protections proactively during the construction process.
- You decide in advance whether you will be finishing it now, or leaving it unfinished.
Making It Livable
Extra income sounds really nice, and walkout basement units are in high demand in Toronto, but there are things you have to consider before you can rent a space out. First of all, there must be legal head height after accounting for ceiling space. If your basement was originally a crawlspace, or just used for storage then you may need to lower or underpin it in order to meet this requirement. Next, you have to ensure that waterproofing measures are in place to prevent mold and other water damage for your new tenants. If you are making a legal second suite then there are further specifications you need to follow, such as the requirement for access to utilities like water and gas, and requirements for a separate, distinct entryway.
Toronto Walkout Basement Experts
A walkout basement is a complicated task, especially if your project involves lowering or underpinning. You need to rely on a team that is knowledgeable and insured, with the right tools for the job. DRV Basements is composed of a team of trained, experienced professionals that will get the job done right on time and on a budget, the first time. Call us or fill out the form on the right to get in touch with your team and to claim your FREE quote.