2024 Guide: Top Basement Renovation Trends & Tips for Contractors & Homeowners in the Greater Toronto Area + What to Look Forward to in 2025

Basement renovations aren’t just about adding square footage but are about unlocking untapped potential in your home and transforming it into a functional space best suited to you. So, who is behind this transformation? Basement Renovators, of course! These industry professionals bring people’s basement visions to life, which is why we want to give our basement nominees some well-deserved recognition. Let’s explore some basement tips and trends we’re seeing today and take a look at our final basement renovator nominee list to wrap up our March Industry Feature!

Explore Basement Renovation Trends Inspired by Biiibo Customer Projects

1. Basement Apartment/In-Law Suite

Basements provide a unique opportunity to create extra living spaces. Contractors are transforming basements into in-law suites and fully functional basement apartments with kitchens, laundry, and separate entrances. B & P Contracting says that these basement apartments are a great way to generate extra income. It’s incredible to see basements come to life and look just like an above-ground condo.

2. Home Office/Remote Work Spaces

Remote work is on the rise! According to Statistics Canada, remote work has increased from 7.1% in 2016 to 20.1% in 2023, and we’re sure we’ll be seeing this trend continue into 2024 and 2025. Architectural Digest named home office spaces as one of the top trendy finished basement ideas for 2024 and of course, we have to agree. Basements provide a great blank canvas for your dream office space. Who needs to commute to the office when you can create one with everything you need to be more productive?

3. Multifunctional Spaces

Looking for a space where you can socialize and host events but also cozy up and relax? A multifunctional basement space has got you covered! Wet bars and game rooms are perfect for entertaining while home theatres and saunas are great for relaxing. Joshua Fazakas from Medium says in 2024, people are combining it all to get the most out of their basement square footage.

Planning a basement renovation project? Check out our tips below to get you started!

Essential Tips for Basement Renovations

✅ Prioritize Planning and Prep

A successful basement renovation begins with careful planning. Take the time to assess the current spaces, identify any potential challenges or constraints, and develop a plan that outlines your vision, budget, and timeline. Also - remember to get the proper permits, building materials list, and basement renovator who knows the codes in your region. Have your blueprints ready? Contact us at Biiibo and we’ll provide you with a full quote and materials list. Learn more here.

✅ Address Moisture, and Ventilation Concerns

Basements are prone to moisture issues, which can lead to mold growth, water damage, and air quality issues. Ensure proper waterproofing, drainage, and ventilation to safeguard against these common issues and ensure a healthy and comfortable living environment. Invest in this upfront to save yourself the headache later. We have premium products that are great for building a waterproof basement. Check out our marketplace here.

✅ Don’t Forget Sound Proofing

Want to ensure you and your guests love spending time in your new space? Make sure to include floor soundproofing measures. Soundproofing your basement boosts comfort and privacy, reduces noise transfer, and makes the space versatile for activities like home theaters or studios. It's a smart, value-adding upgrade that also improves energy efficiency. Biiibo carries a huge selection of sound insulation material, check out our marketplace here.

✅ Invest in Quality Materials and Craftsmanship

Don’t cut corners when it comes to materials and workmanship. Opt for high-quality and durable materials that are designed specifically for basement environments. At Biiibo, we carry thousands of products that are perfect for your next basement renovation project. Our vinyl and tile flooring are great water-resistant options to protect your basement from the ground up. With a variety of styles and colours there’s no doubt you’ll find the perfect fit. Drywall - a staple for all basement renovations. Soundproof, fire-resistant, and even drywall alternatives like Trusscore are only a few of the drywall options available. What kind of drywall should you use? We’ve got you covered with a full breakdown on our drywall guide.

As much as we love a good DIY project, when it comes to basements, it’s always best to enlist the expertise of a basement renovator who has the skills to deliver on your basement vision. We might not be able to build your basement for you, but we recently ran a feature on local basement renovators, and below is a list of the submissions we received. Who knows, maybe you’ll find your next contractor on this list.

Our Basement Renovator Nominees

We connect with numerous contractors and homeowners daily and are often approached for recommendations. During the month of March, we ran a Basement Renovator Industry Feature and asked our customers to nominate basement renovators in our local community to help us develop a public list of industry professionals. You’re the experts on who to recommend for basement renovations and we want to provide the platform to bridge that gap between contractor and client. We cannot recommend any individual contractor over another, so please do your normal due diligence and always vet these businesses yourself to get the best outcome for your project.

Check out the list of our Basement Renovator Nominees:

RNA Construction Ltd / Instagram: @rnaconstructionltd

AE Construction / Instagram: @aeconstruction11

Markridge Group Inc / Instagram: @markridgegroup

Griffin Contracting / Instagram: @rentfree

Villar Construction / Instagram: @villarconstruction

TG Contracting / Instagram: @tomgibbs.3

Henao General Contractor / Instagram: @henaogeneralcontractor

Mcegan Contracting

Bein Design & Build

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