Home renovation wooden stairs Converting your basement into a guest suite, utility room, playroom or extra bathroom could add value to your property. Photo: Getty

Home renovation: Converting your basement into a guest suite, utility room, playroom or extra bathroom or adding a swimming pool or gym could add value to your property. Photo: Getty

It’s one of the most popular extensions to do on a home and is estimated to add between 10% and 20% in value, but what are the tips and watch-out-fors you need to be aware of before embarking on a basement conversion?

We asked five experts — from lighting to colour schemes, here’s what you need to know if you’re planning to convert your cellar.

DON’T think you need to have a cellar to do a cellar conversion

It might come as a surprise to find out that you don’t need an existing cellar to do a cellar conversion.

“Most cellars that already exist were not designed to be living spaces — they are often not insulated and don’t offer

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