Does a Finished Basement Add Value?

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When considering ways to boost your home’s value, basement finishing often comes up as a potential upgrade. Transforming an unfinished or partially finished basement into a fully functional living space can offer numerous benefits. But how exactly does finishing your basement impact your property’s value? Let’s explore the key factors and benefits of basement finishing, and understand its potential return on investment.

What is Basement Finishing?

Basement finishing involves converting an unfinished basement into a livable space. This process typically includes installing drywall, flooring, lighting, and other essential features to make the area usable. Popular basement finishing ideas include adding extra bedrooms, creating a home office, establishing an entertainment room, or even designing a rental unit.

How Basement Finishing Can Increase Home Value

  1. Increased Usable Square Footage: One of the most significant advantages of basement finishing is the increase in usable square footage. This additional space can enhance your home’s value by making it more attractive to potential buyers. More square footage often translates into a higher home appraisal and increased selling price.
  2. Enhanced Home Functionality: A finished basement adds valuable functionality to your home. Whether you choose to create an extra bedroom, a playroom, or a dedicated home office, these improvements can make your property more versatile. The enhanced functionality can appeal to a wider range of buyers, potentially increasing your home’s market value.
  3. Potential Rental Income: Converting a finished basement into a separate rental unit can provide a source of passive income. In areas with high rental demand, this feature can be particularly appealing. The potential for rental income can significantly boost the overall value of your home, although it’s essential to check local zoning laws and regulations before pursuing this option.
  4. Increased Market Appeal: A professionally finished basement can enhance your home’s appeal to potential buyers. Move-in-ready spaces are highly desirable, and a well-executed basement finish can be a key selling point. However, the impact on value can vary depending on current market trends and buyer preferences in your region.
  5. Return on Investment (ROI): The return on investment for basement finishing can be substantial, though it varies. On average, homeowners can expect to recover a significant portion of their investment. Factors such as the quality of the finish, the real estate market, and the specific characteristics of your home influence the ROI. High-quality finishes and professional craftsmanship generally result in better returns.

Key Factors to Consider

  1. Cost vs. Value: Basement finishing can be a considerable investment. Costs may range from a few thousand dollars for basic updates to tens of thousands for high-end renovations. Weighing the potential increase in home value against the renovation costs is crucial. Consulting with a real estate agent or appraiser can provide insights into how much value a finished basement may add in your local market.
  2. Quality of Work: The quality of the basement finishing plays a critical role in determining its impact on home value. High-quality materials and professional installation will likely yield better returns compared to a DIY approach or substandard work.
  3. Local Real Estate Market: The value added by a finished basement varies based on your local real estate market. In some areas, finished basements are highly desirable, while in others, they may have a more modest impact. Understanding local market trends can help you gauge the potential value added by basement finishing.
  4. Condition of Your Home: If your home is in good condition and the basement is underutilized, finishing it can offer a good return on investment. However, if your basement is prone to water damage and thusly mold, you’ll need to take preventive measure to avoid such problems after the basement is finished, If the basement is finished, then having water damage and mold issues will only ruin the basement and increase the cost for water damage restoration and/or mold remediation.

Conclusion

Finishing your basement can be a valuable investment, enhancing both functionality and market value. While a finished basement generally improves your home’s appeal and can increase resale value, the exact return on investment will depend on factors such as the quality of the work, your local real estate market, and your home’s overall condition. And offering an added space, albeit free from the usual basement issues that can arise like water damage and mold, can add your home’s value and quality of life as you enjoy the finished space.

What is Fusarium?

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Fusarium species are ubiquitous and may be found in the soil, air and on plants. Fusarium species can cause mycotoxicosis in humans following ingestion of food that has been colonized by the fungal organism. In humans, Fusarium species can also cause disease that is localized, focally invasive or disseminated. The pathogen generally affects immunocompromised individuals with infection of immunocompetent persons being rarely reported. Localized infection includes septic arthritis, endophthalmitis, osteomyelitis, cystitis and brain abscess. In these situations relatively good response may be expected following appropriate surgery and oral antifungal therapy. Disseminated infection occurs when two or more noncontiguous sites are involved. Over eighty cases have been reported, many of which had a hematologic malignancy including neutropenia. The species most commonly involved include Fusarium solani, Fusarium oxysporum, and Fusarium moniliforme (also termed F. verticillioides). The diagnosis of Fusarium infection may be made on histopathology, gram stain, mycology, blood culture, or serology. Portals of entry of disseminated infection include the respiratory tract, the gastrointestinal tract, and cutaneous sites.

The skin can be an important and an early clue to diagnosis since cutaneous lesions may be observed at an early stage of the disease and in about seventy-five cases of disseminated Fusarium infection. Typical skin lesions may be painful red or violaceous nodules, the center of which often becomes ulcerated and covered by a black eschar. The multiple necrotizing lesions are often observed on the trunk and the extremities. Onychomycosis most commonly due to F. oxysporum or F. solani has been reported. The onychomycosis may be of several types: distal and lateral subungual (DLSO), white superficial (WSO), and proximal subungual (PSO). In proximal subungual onychomycosis there may be associated leukonychia and/or periungual inflammation. Patients with Fusarium onychomycosis have been cured following therapy with itraconazole, terbinafine, ciclopirox olamine lacquer, or topical antifungal agent. In other instances nail avulsion plus antifungal therapy has been successful. In patients with hematologic malignancy or bone marrow transplant, who may experience prolonged or severe neutropenia during the course of therapy, the skin and nails should be carefully examined and consideration given to treating potential infection sites that may serve as portals for systemic dissemination. When disseminated Fusarium infection is present therapy with antifungal agents has generally been disappointing with the chances of a successful resolution being enhanced if the neutropenia can be corrected in a timely manner.

How Mold Effects Us

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After pollens, molds are the leading cause of outdoor airborne allergies, which can recur year-round. Some of the most common symptoms of those sensitive to molds include nasal stuffiness, eye irritation, wheezing, cold and flu-like symptoms, rashes, conjunctivitis, inability to concentrate, and fatigue. Mold exposure has also been associated with asthma onset. Symptoms usually disappear when the mold is removed. However, under certain conditions, exposure to mold can cause serious health problems. Some people with chronic illnesses, such as obstructive lung disease, for example, may develop mold infections in their lungs. Also, some people exposed to large amounts of mold at work, such as farmers working with moldy hay, may develop even more severe reactions, including fever and shortness of breath. Some molds are toxic, producing chemicals called “mycotoxins,” which in large doses may affect human health, usually by causing allergy-like symptoms such as watery eyes or eye irritation, runny nose and sneezing or nasal congestion, wheezing and difficulty breathing, aggravation of asthma, coughing, itching, or rashes.

Other health problems that have been linked to mold exposure involve the odors produced by mold “volatiles” during the degradation of substrates. These have been discovered to irritate mucous membranes, and they have been associated with a number of symptoms from headaches and nausea to fatigue in individuals exposed to them. For those suffering from multiple chemical sensitivities, the simple presence of these microbial volatile organic compounds (MVOCs) can trigger a reaction just as strong and serious as exposure to chemical VOCs. Fungi or microorganisms related to them may cause other health problems similar to allergy. Some kinds of Aspergillus especially may cause several different illnesses, including both infections and allergy. These fungi may lodge in the airways or a distant part of the lung and grow until they form a compact sphere known as a “fungus ball.” In people with lung damage or serious underlying illnesses, Aspergillus may grasp the opportunity to invade and actually infect the lungs or the whole body.

In some individuals, exposure to these fungi can also lead to asthma or to an illness known as “allergic bronchopulmonary aspergillosis.” This latter condition, which occurs occasionally in people with asthma, is characterized by wheezing, low-grade fever, and coughing up of brown-flecked masses or mucous plugs. Skin testing, blood tests, x-rays, and examination of the sputum for fungi can help establish the diagnosis. Corticosteroid drugs are usually effective in treating this reaction; immunotherapy (allergy shots) is not helpful. The occurrence of allergic aspergillosis suggests that other fungi might cause similar respiratory conditions. Inhalation of spores from fungus-like bacteria, called “actinomycetes,” and from mold can cause a lung disease called “hypersensitivity pneumonitis.” This condition is often associated with specific occupations. For example, farmer’s lung disease results from inhaling spores growing in moldy hay and grains in silos. Occasionally, “hypersensitivity pneumonitis” develops in people who live or work where an air conditioning or a humidifying unit that is contaminated with these spores emits them.

The symptoms of “hypersensitivity pneumonitis” may resemble those of a bacterial or viral infection such as the flu. Bouts of chills, fever, weakness, muscle pains, cough, and shortness of breath develop 4 to 8 hours after exposure to the offending organism. The symptoms gradually disappear when the source of exposure is removed and the area properly ventilated. If it is not removed, workers having to be in those contaminated areas must wear a protective mask with a filter capable of removing spores or change jobs. If “hypersensitivity pneumonitis” is allowed to progress, it can lead to serious heart and lung problems. Also, air with a high concentration of fungal spores of a number of different types of molds may contain toxins that, when breathed over a long period of time, may result in a kind of poisoning. Stachybotrys atra, a mold that is commonly found on wet cellulose products (for example, drywall) and is causing growing concern among physicians, is one of these molds. In one recent study, it was linked to lung bleeding in infants. This mold has also been linked to sudden infant death syndrome and to central nervous system symptoms such as personality changes, sleep disorders, and memory loss.

What is Alternaria?

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Alternaria is one of the most important allergenic molds found in the US. It is most common as an outdoor mold, as it thrives on various types of vegetation. Alternaria spores can be detected from Spring through late Fall in most temperate areas, and can reach levels of thousands of spores per cubic meter of air. While one usually thinks of molds as a problem in damp or even wet conditions, Alternaria spores can be at their highest concentrations during dry, windy conditions that are ideal for the spores to become airborne.

Alternaria is one of the most common outdoor molds, but also has been found in the indoor environment. The National Survey of Lead and Allergens in Housing conducted a study looking at house dust samples from 831 homes in 75 different locations throughout the US. Alternaria was found in over 90% of those dust samples. While much of that allergenic load was probably due to outdoor Alternaria finding its way inside, Alternaria is known to grow on moist surfaces in the home as well.

Alternaria is known to be a problem in allergic disease. In patients who show allergy to molds, up to 70% of those patients demonstrate allergy to Alternaria, and Alternaria is known to be a risk factor for asthma. Dampness and mold problems have been reported to occur in 20 – 50% of modern homes. Additionally, keep in mind that mold spores often outnumber pollen spores by 1,000 to one, and mold can produce spores for months on end, versus the weeks of pollen production by many allergenic plants.

Sick Building Syndrome

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Sick Building Syndrome (SBS) is a term commonly used for non-specific symptoms that are temporally related to occupancy of a particular building. When building-related symptoms are characteristic of a specific clinical entity, they are called Building Related Illness (BRI). These illnesses are varied, and include Legionnaires’ disease, building related hypersensitivity pneumonitis, building-related asthma, and others.

SBS symptoms include mucous membrane irritation (cough, scratchy throat, stuffy sinuses, and itchy eyes), headache, fatigue, difficulty concentrating, and other non-specific symptoms. The causes of SBS vary with the building and its occupants. SBS was once called “Tight Building Syndrome” and was considered to be a result of excess tightening of buildings in response to energy use concerns. However, many buildings with an excess of symptoms among the occupants are well ventilated. Still, increase in ventilation rates is often the “cure” for the problem.

Some people consider that SBS is caused not by the physical environment, but, rather, by psychosocial factors. Gender, lack of control, poor management, too much work, too little work, perceived housekeeping quality, and many other social factors have been blamed for the symptoms. In some cases, psychosocial factors may be the major cause of complaints. However, clearly, in some cases, environmental factors are at fault. For example, paper dust, and photocopier use have both been related to increases in complaints in a dose-dependent way. An excess of volatile organic compounds have been blamed for SBS symptoms. However, one study attributed this effect to the perception of odors at VOC concentrations far below those that would be likely to have an effect. These authors discuss the possibility that reactive chemistry might produce irritants that might be responsible for some symptoms.

Mold contamination has clearly been related to cases of BRI. However, its relationship to SBS is less clear. A Swedish study documented that dampness in residential buildings was associated with SBS symptoms with symptoms increasing with the number of dampness indicators present. Whether or not mold growth was responsible for these symptoms remains unknown. An extremely interesting study exposed people to measured doses of airborne fungal spores from growth on building materials. In this study, symptoms were similar among the two fungi studied AND for the placebo tests, indicating no specific effect of the spores. Mycotoxins have not been measured in quantities sufficient to cause the normal SBS symptoms, and the data regarding the role of mycotoxins in indoor air remain equivocal.

What is Acremonium? 

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With wet conditions, Acremonium grows quite well.. When Acremonium is found indoors, it usually originates either from outdoor air or from contaminated crawl spaces or from contaminated building materials that recently experienced wet conditions like flooding. However, the spores of this fungus are formed in a slimy mass resulting in limited aerosolisation: therefore its prevalence may be low in air samples.

It grows indoors on building materials such as drywall, acoustic and thermal fiberglass insulation and in some cases insulated ducting. Crawl spaces, wet bathrooms with a lack of proper ventilation or exhausting and continuous wet basements are ideal for Acremonium. 

Acremonium has often been associated with contamination by Stachybotrys chartarum, which is often referred to as “Black Mold,” as both fungi is favor very wet circumstances. Allergenic reactions to Acremonium includes hay fever, asthma, hypersensitivity and pneumonitis. Potential opportunist or pathogen effects are known to cause hyalohyphomycosis, keratitis, mycetoma, and onychomycosis. Also known to cause infections in immunodeficient patients and causes infections in persons with wound injuries.

When mold is found in your home, trust the professionals at Mold Solutions & Inspections to properly handle the removal the first time under the guidance of the IICRC protocols.

What is Myxomycetes?

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A little known mold which does show up on many mold testing reports is Myxomycetes. This mold is often skipped over by many inspectors not only because they can’tpronounce it, (Mixo-My-Cee-Tees), but also because they don’t know what it is and howit got there. Myxomycetes have an interesting life cycle which includes a wet spore phase and a dry spore phase. When conditions are favorable, they move about like amoebae, resembling primitive animals. When conditions are not favorable they form a resting body (sclerotium) with dry, airborne spores. Myxomycetes are noconsidered to be true fungi.

Health Effects

Myxomycetes are a type 1 allergen and can cause hay fever like symptoms and trigger asthma. Type I hypersensitivity is also known as an immediate reaction and involves immunoglobulin E (IgE) mediated release of antibodies against the soluble antigen. This results in mast cell degranulation and release of histamine and other inflammatory mediators. 

Type I hypersensitivities include atopic diseases, which are an exaggerated IgE mediated immune responses (i.e., allergic: asthma, rhinitis, conjunctivitis, and dermatitis), and allergic diseases, which are immune responses to foreign allergens (i.e., anaphylaxis, urticaria, angioedema, food, and drug allergies). The allergens that result in a type I hypersensitivity may be harmless (i.e., pollen, mites, or foods, drugs, etc.) or more hazardous such as insect venoms. The reaction may be manifested in different areas of the body and may result in instances such as:

  • Nasal allergic rhinitis or hay fever
  • Ocular allergic conjunctivitis, potentially due to seasonal allergens such as pollen or mold spores
  • Dermatological hives, atopic eczema, or erythema
  • Soft tissue angioedema
  • Pulmonary reactions, such as allergic asthma or hypoxiaSystemic reaction, which is a life-threatening medical emergency, and also known as anaphylaxis.

Mold Solutions & Inspections is a full service mold testing and remediation company providing an unmatched level of service since 1998. If you think your home or business has been affected by mold, or are in need of mold testing, call our office or visit our main page for more information.

Most Common Mold Symptoms

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Mold allergies are easily treatable when properly diagnosed, so it is important for individuals who suspect their symptoms may be related to mold to consult with an allergy specialist or a physician to determine an appropriate course of treatment. Taking steps such as repairing water leaks and installing dehumidifiers in the home can also help to hinder mold growth and relieve mold allergy symptoms. Understanding what causes mold allergies and taking preventative measures to avoid exposure are essential in managing symptoms.

Itching Eyes

Itching eyes are a common allergic symptom that can develop following exposure to mold spores, pet dander and seasonal pollens. Individuals who experience itching eyes during wet or humid weather or when moisture levels are high inside the home may be suffering from mold allergy symptoms.

Stuffy Nose & Post Nasal Drip

Nasal congestion is a common mold allergy symptom that is often triggered after periods of wet weather or when an individual is exposed to mold spores in the home. When nasal stuffiness occurs, it is often accompanied by postnasal drip, a condition in which nasal secretions run down the back of the throat. Additional symptoms of postnasal drip include bad breath and coughing.

Itching Throat

Individuals with mold allergies may also experience an itching sensation in the throat. Itching throat symptoms are typically caused by postnasal drip, but can also be a symptom of a serious allergic reaction that can lead to throat swelling if left untreated. It is important for sufferers to seek medical attention if itching throat symptoms are present to ensure prompt treatment.

Sinus Headaches

Mold spores can cause the sinuses to become congested, which in turn can trigger sinus headaches in individuals with mold allergies. Sinus headaches cause pain and pressure in the forehead and sinus cavities. In certain cases, sinus pressure can also cause tooth and ear pain. Sinus headaches tend to worsen when lying down.

Exacerbated Asthma Symptoms

Individuals with mold allergies who also suffer from asthma may experience exacerbated asthma symptoms when exposed to mold. Asthma symptoms include chest tightness, wheezing and coughing. Anyone experiencing a severe asthma attack following possible mold exposure should seek immediate medical attention.

Long & Short Term Effects of Mold

The type and severity of health effects that result from mold exposure is widely variable among different locations, from person to person and over time. Although difficult to predict, exposure to molds growing indoors is most often associated with the following allergy symptoms:

Nasal and sinus congestion
Cough/sore throat
Chest tightness
Dyspnea (breathing difficulty)
Asthma (or exacerbation of it)
Epistaxis (nosebleed)
Upper respiratory tract infections
Headache
Skin and eye irritation

Long-term exposure to indoor molds is certainly unhealthy to anyone, but some groups will develop more severe symptoms sooner than others, including:

Infants and children
Elderly people
Individuals with respiratory conditions, allergies and/or asthma

Some indoor molds are capable of producing extremely potent toxins (mycotoxins) that are lipid-soluble and readily absorbed by the intestinal lining, airways, and skin. These agents, usually contained in the fungal spores, have toxic effects ranging from short-term irritation to immunosuppression and cancer.

More severe symptoms that could result from continuous human exposure to indoor mycotoxigenic molds include:

Cancer (aflatoxin best characterized as potential human carcinogen)
Hypersensitivity pneumonitis/pulmonary fibrosis
Pulmonary injury/hemosiderosis (bleeding)
Neurotoxicity
Hematologic and immunologic disorders
Hepatic, endocrine and/or renal toxicities
Pregnancy, gastrointestinal and/or cardiac conditions

It is important to notice that the clinical relevance of mycotoxins under realistic airborne exposure levels is not fully established. Further, some or much of the supporting evidence for these other health effects is based on case studies rather than controlled studies, studies that have not yet been reproduced or involve symptoms that are subjective.

How to Check For Water Damage

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Your home protects you from the elements, but heavy rains can weaken that protection. With a little maintenance and a lot of vigilance, it’s not hard to stay safe and dry. Spring rainstorms are a fact of life in many areas of the country, and they help keep things green, even if they keep you inside. But when they get heavy, it’s time to start thinking about the potential impact all that water has on your home. The first step is finding and fixing any immediate problems as soon as it’s safe to do so. Then, you’ll want to take measures to prevent those problems from happening during the next downpour!

Where is all that rain going?

Your roof and gutters form a key line of defense for your home – and in a storm, they’re vulnerable, because so many things can damage them. Trees, hail, and other objects can create weaknesses that might lead to leaks in your roof, so check for missing shingles and other issues. And keep your gutters clear so all that water drains properly.

Are you checking everywhere?

Water dripping from the ceiling is hard to miss. Water in your crawl space, however, can easily go undetected because hardly anyone ever checks there. Don’t forget to look down there after a storm (or have a professional do it) to make sure everything is nice and dry. If you do see moisture, you’ll want to get it out with a sump pump as soon as possible.

And don’t just look up – another place to check is your home’s exterior, whether it’s siding, brick, or another material. Weak spots can be hard to see, so look at various times of the day in different lighting conditions. Of course, you’ll want to make sure your doors and windows are properly sealed to keep the elements out, too.

What about around your property?

Storm water has to go somewhere, and if your property doesn’t drain well, or if runoff goes toward your foundation, you could have problems. So watch for patterns, and grade property so it drains away from your home if possible. Always be wary of hillsides and tilting trees after heavy storms, because the land might not be stable. And don’t forget to keep storm drains clear of leaves and other debris. This can prevent flooding both on the streets and your own property.

What should you do during the storm?

During powerful storms, stay inside. This is not the time to check your roof, your exterior, or your property unless there’s an emergency and you know it’s safe to go out. Monitor your interior, making sure no water is getting in. If it is, do what you can to alleviate the situation in the moment, even if it means just placing something under a leak to collect the water. For more serious problems, though, remember that safety is the most important thing. If your basement is flooding, for example, don’t go down there – you could be trapped and even drown.  And if electric lines are hot and compromised, it could lead to serious injuries.  

If water damage should occur in your home, give us a call today and our experienced and trained technicians will bring your home back to pre-loss conditions safely and quickly. You can also visit our site at WeAreMSI.com