utah basement finishing

We could all use a little extra cash. Maybe you’d like some help with your mortgage payment every month, want to save up for your next vacation, or are just looking to add to your savings. In Utah, where nearly every home has a basement, you have an excellent opportunity to earn a little extra cash right under your feet. Below, we cover a few basics you should know about gaining a profitable rental space through basement remodeling in Utah.

But first, how much money could you realistically earn on a basement rental in Utah?

Why Salt Lake City Basement Finishing is a Smart Investment

A quick search on KSL.com shows that basement apartments in Salt Lake City range from $1,200 to $2,200 a month, depending on the square footage, location, and the number of bedrooms or bathrooms.

Airbnb, a popular short-term rental website shows that many private basement apartments in Salt Lake City, for two or more guests, rent for $80 to $150 a night. While this varies depending on the date and season, it doesn’t include the additional cleaning fees which are also covered by the renter.

Whether your goal is to rent your extra space for short-term stays or to gain a long-term tenant, a basement apartment can be an excellent way to maximize your home’s potential — especially in a popular tourist destination and growing metro area like Salt Lake City.

How to Convert Your Basement Into a Rental

Don’t start selecting paint colors or shopping for furniture just yet. There are some critical aspects of basement finishing in Utah that you must consider before renovating your space. These will not only make the space more comfortable for tenants, but will also ensure you’re following local regulations, too. (More about that below.)

Learn About Local Laws That Govern Basement Remodeling in Utah

In Utah, you must comply with local laws that support safety and structural integrity when renovating your basement. Be sure to review local regulations and tax ordinances to avoid the fees and legal hurdles that come with any potential violations.

In Salt Lake City, the Existing Residential Code outlines many of the safety, environmental, and occupancy requirements for homes, including basement apartments. This code gives regulations for shower and bath sizes, fire safety points of egress, natural light, smoke detectors, and more.

To guarantee you’re meeting these requirements, you will likely need a building permit from your local municipality before making any renovations.

Add Or Enhance a Separate Entrance and Increase Natural Light

Especially for long-term stays, it’s important to install a separate point of access for renters that leads to the street or the yard. A separate entrance is about more than privacy; having an exterior door offers more safety in the event of a fire or other emergency.

Additionally, make sure your basement windows qualify as points of egress (or additional points of escape in an emergency). Ensuring windows are the proper size also offers more natural light which can make a basement feel more welcoming and open, improving the quality of your apartment. Be sure to double-check regulations in terms of windows; you may also need a certain number of points of egress to accommodate a certain number of renters.

Install a Bathroom and Kitchen or Kitchenette

Bathrooms and kitchens require certain plumbing hook-ups that your basement may not have. Utah basement contractors can help not only fit your space with the right plumbing infrastructure, but also build, install, and finish your bathroom and kitchen areas.

For short-term rental space, consider offering a small “kitchenette” area if a full-size kitchen isn’t in your budget. Providing a microwave, additional sink, and small fridge can improve the livability of your basement unit for those guests staying in your space for just a short amount of time.

Check for Damage Before Insulating and Waterproofing

Because basements are prone to dampness, damaged wood and mold are not rare occurrences. Have a thorough inspection of your basement completed before you begin finishing the space. If you fail to fix structural issues or mold at the beginning of your renovation project, it will only mean additional costs and headaches down the road.

If you’re unsure of what to look for, hire a capable Utah basement contractor to complete this step for you. They’ll be able to detect wood rot as well as insect damage in common problem areas like floor joists, the sill plate, and wooden window frames, among other areas.

To discover how damp your basement is, invest in a hygrometer. They’re quite affordable and can be bought at most home improvement stores. This device gives you a relative humidity reading. (Note that homes are recommended to have a humidity level between 30-50 percent.) If your basement has a higher humidity level, it’s likely because there are leaks or cracks in the walls or foundation where outside humidity is entering. Repair any structural damage and then use a de-humidifer to restore a more comfortable humidity level in the space.

If your basement is damp, mold is more likely to be present, too. Mold is a serious health issue, so don’t try to tackle this problem on your own. Hire a mold remediation company to come test for and remove mold from your basement.

Finally, don’t forget about the overall air quality and purity in your basement. You want to make sure the air is healthy and supports comfortable living. If your HVAC system is in the basement, it’s a good idea to test the air quality to make sure the system is ventilating correctly. Also, if you haven’t tested for radon, now’s the time. This invisible, odorless gas can cause long-term health complications and is most commonly found in higher concentrations in basements. Order a radon test online for quick, accurate results to determine if you need radon remediation.

Trust Utah Basement Finishing to the Construction Experts at Aspire

Basement finishing, when done well, requires several steps but can be well worth the time and investment in the long run. Our Utah basement contractors have finished basements all along the Wasatch Front and are ready to make your space a comfortable, inviting place that people will be excited to rent. If you’re short on time and don’t have much remodeling experience, trust us. We’ll handle everything — including making sure your remodel is up to code and compliant with local regulations. Contact us to get a quote about your Northern Utah or Salt Lake City basement finishing project.

You may be looking to install a home theater or add a guest room. You may simply want or need more living space. Whatever the vision, your unfinished basement holds potential. This article explores the steps you need to take to know how to finish a basement so that you can enjoy your extra space. Finishing a basement follows a process for the best and most efficient outcome. Here are the steps required to construct and complete your space.

How to Make a Comfortable, Livable Space in Your Unfinished Basement

Prep The Basement

If you are serious about a basement remodel, you first need to clean it out. Moving boxes from one unfinished room to the next will not cut it. The fastest way to finish a basement is to complete it all at once, not piecemeal, and this requires a clear, empty space. Organize and clean out your area. You can store items in your unfinished storage room, but leave space around the electrical box and water meter. If you have a large number of things, you can:

• Store it in other rooms in the house or the garage
• Rent a storage unit or portable POD
• Consider donating unused or unwanted items to a local donation center

Next, check your basement space for any water damage. Make sure there is no moisture build-up on the floor. Call in a plumbing professional to address any water damage or leaks and insulate water pipes. If you suspect rot or insect damage, sagging floor joists, or improper ventilation, call in a contractor or handyman to correct those issues before beginning. If your home is at risk for radon, install a radon pump at this time.

Start with the Basics: Design

Once you have prepped your basement area, you can begin the design process. There are many different floor plans to consider. Plan the location and height of walls and ceilings. You have three options for a basement ceiling design: you can use a drop ceiling, drywall it, or leave it open for an industrial look. Whatever option you choose, make sure that it meets permit requirements for height.

Do I need a permit to finish my basement?

A permit is essential when finishing your basement. It will save you time, money, and hassle down the road. You will need your finished basement on record if you sell your home or if something happens and you need to document the work you completed. Visit your local government website, often under the “Building Department,” to obtain a permit. (But if you hire a general contractor, they will handle the permit process for you.)

Start with the Basics: Installation

Once you have completed your design plans, you can install insulation and begin framing. Insulation should be installed according to instructions and completely cover all exterior walls. Framing will require 2x4s on both the top and bottom, known as the top plates and bottom plates. Then, cut and install your studs.

After completing insulation and framing, the next step is to install utilities that will run inside the walls, including electrical wires, plumbing, and air ductwork. We recommend hiring a professional for this portion of your basement project. This work is strictly regulated for safety and should not be done without a certified professional.

After installing framing, insulation, and utilities, it is time to mount the drywall. Measure and cut the drywall to end on the studs, and remove sections where utilities need to be exposed, such as lights and outlets. Then hang the drywall using drywall screws. After the drywall is mounted, it is time to tape the seams and mud the seams and screw heads. If you want your finished basement walls to be textured, apply drywall mud for texturing. Texturing usually requires multiple steps, where you apply the mud, let dry, sand, and then repeat the process.

Customize the Space

Now that you have completed the basics, it is time to customize your space! Make sure to clean up the area, vacuum, and wipe down all of the dust from drywalling. The next step is priming and painting. Apply a layer of primer before painting. After you choose your colors for your trim, doors, walls, and the basement ceiling, go for it. It is easiest to paint the trim and doors before hanging them. You can use a brush or roller or rent or purchase an interior paint sprayer.

The basement flooring is next. Regardless of the flooring you choose to install, you most likely have concrete floors and will need to install a subfloor to make your basement floor more comfortable, even, water-resistant, and warm. Once your subfloor is set, you can install the flooring. Consider what the space will be used for when choosing a flooring type. Carpet and laminate are the most popular choices for basement floors.

Once the floors are in, you can hang the baseboards, hang the doors, and install your lights, outlet covers, and other miscellaneous items. You have a finished basement!

Choose Your Approach: Is it cheaper to finish a basement by yourself?

As explored above, there are many different steps to a finished basement. Some homeowners choose to complete it all on their own. Others choose a hybrid approach and hire out some work while completing other tasks independently. Many homeowners hire a general contractor or basement finishing company to finish their basement. 

Those who choose to complete it on their own save money in labor. While this is the cheaper option, it takes much longer to finish and will likely be a lower quality job than hiring professionals.

When you hire a company to finish your basement, you get a cost estimate upfront and won’t be surprised by the added costs throughout a DIY project. You are saved a lot of headache and hassle as the permit process, subcontractor hiring, labor, installation, and more are all included. When delays and problems crop up, you do not have to waste time, money, and stress because your contractor handles it for you.

Choose the Talented Pros of Aspire Construction for Basement Finishing in Utah

If you are considering hiring help to finish your basement, contact Aspire Construction to request a free quote for your project. We have been in the business of basement finishing for over 40 years and have the experience and honesty necessary to finish your project on time and within budget. From home theaters, gyms, and apartments to walk-out basements and family rooms, we have the knowledge necessary to bring your basement dreams to life. Contact us today!