The Benefits and Drawbacks of Living in a Basement Apartment
Basement apartments are in high demand due to the growing popularity of standalone builder floors. While some homeowners convert their basements into living quarters for their personal use, others opt to make money by renting them out. Living in a basement flat, on the other hand, may bring health difficulties due to humidity and seepage issues, according to Aalok Bhasin, a Delhi-based Architect and Interior Designer.
Listed below are some advantages and disadvantages of living in a basement apartment:
The Benefits of Living in a Basement Apartment
- Increases the value of a home.
When you expand or construct additional room in your house, it increases the value of the property. If you have more room in your house, you will be able to get higher returns. Potential purchasers frequently appreciate a basement apartment as highly as you do, elevating the value of your property above others.
- A supplementary source of income
Basement flats are an excellent option to supplement your monthly income. If you are not using your basement apartment for warehousing or any other reason, you may generate extra money on a regular basis by renting it out. If you are having difficulty finding an acceptable renter, try renting it to students who are looking for cheap rental houses.
- Storage function
“A basement apartment often offers adequate room. It all relies on how you employ it. A basement apartment, whether finished or unfinished, will also provide additional storage space in your home.
Drawbacks Of Apartment Living In A Basement
- Shortage of natural light and adequate ventilation
The most typical issue in a basement apartment is a lack of natural light and sufficient ventilation due to its location below ground level. Because of the lack of natural light, you must rely more on artificial illumination. Proper ventilation is crucial to reducing mould growth and rodent activity. Moisture and air pollutants become trapped within the house due to a lack of sunshine and ventilation.
- Health issues
Mold and radon can cause a variety of ailments in basement apartments. Mold is a form of fungus that thrives in moist environments. Radon is an odourless and colourless gas that causes lung cancer and is usually found in basement flats. As a result, if you intend to live in a basement apartment, you should investigate these issues.
- There are no windows.
Windows play a vital part in every home because they enable fresh air and sunlight to enter. The house would be much darker without the windows. The basement flats, on the other hand, have few windows and may be claustrophobic.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
