Basement suites are located in the basement of houses. Many homeowners will renovate their basement to include a bedroom or two, a living space and a kitchen so that they can rent this area out. Homeowners can make a very decent second income by doing this and basement suites provide an excellent opportunity for renters. If you are looking to rent a basement suite, you need to think about the pros and cons that come with this type of rental property.
Benefits to Basement Suites
Basement suites are often quite affordable and spacious. Most basement suites will take up the entire ground floor (or basement) of the house and thus you can expect a large space for your items. Most basement suites also come equipped with a shared laundry facility and backyard or outdoor living area to use as well.
Another good thing about renting a basement suite is that you are not stuck with a lot of other people. You will probably only have one family living above you and that is it. Unlike an apartment complex, you will not have to worry about people constantly coming and going and loud noises that are common into smaller units. You will have more freedom and wil not have to deal with roommates and sharing kitchen space with roommates.
If your landlord is living above you, this also means that you are only a few feet away in the event of an emergency. If you lock yourself out of the house, if your water pipe bursts, if you experience a fire or if your roof is leaking, then your landlord will be able to fix this problem in an instant. This can be a comforting thing for renters, especially if you have never lived on your own before.
Basement Suite Concerns
Of course, there are a few issues you need to consider when looking into basement suite rentals as well. One of the biggest problems for renters in basement suites is the bugs. Spiders, mice and other insects and rodents tend to spend more time in basement suites than in apartments located on the higher floors. If you are not afraid of these pests then this is not a problem; however, if you are, then there can be nothing worse than encountering a big black spider on your way to the toilet in the middle of the night. There are traps you can purchase to stop spiders and other creepy crawlies from making a home out of your basement suite.
Another concern for basement suite renters is noise. You will most likely have a family or other tenants living above you and thus you need to respect this by remaining as quiet as possible. If you are planning on having people over, let the family above you know this. Avoid playing loud video games at night and keep your music turned down at all times.
Many homeowners that rent out a basement suite will have young children and thus you need to respect this. You are probably sharing an outdoor living area and backyard. Be sure to clean up any mess you make including cigarette butts and empty beer cans and keep any unsafe items inside the house where young children cannot get to it.
When looking for rental houses don’t look past shopping around for basement suites. People have basement suites available for rent on a short term and long term basis in the heart of the city or in the suburbs. You will benefit from the privacy and security a basement suite can offer as well as the affordable price tag and spacious interior and exterior.