Does your home have a basement that is under-used or not used at all? If so, you may be missing an opportunity to take advantage of low-cost square footage that may work great as comfortable living space. Many basements have reasonably good access from the rooms above, and many are large enough to afford space for several rooms.

If your home has a dry basement with a ceiling that is at least 7 feet high and the opportunity for a staircase that’s easy to navigate, the chances are good that you can convert the area into living space. Quiet and distinctly separate from a home's main living areas, basements are often ideal for recreation rooms, workout areas, home offices, and in-law living quarters.

In this section of HomeTips, you will find help with buying some of the materials required for a basement conversion, as well as expert advice for DIY installation and improvements.