Renovations are cumbersome and expensive. Be it remodeling of kitchen cabinets, makeover of rooms etc., everything requires time and money. However, renovations of basements are quite different. Renovating a basement is inexpensive and pretty less tiring. In fact, a lot of times, renovating a basement increases the living space as well. Thus, adds value to the house. Most of the people do not look forward to spending time in basements as it is cold and dark in there. They step in only when they have to retrieve or stock something in there. However, renovating a basement can transform it completely. Some of the things that you can do in the basement are: 1. Installing lighting fixtures and providing insulation 2. Installing an air conditioner 3. Mounting the walls with attractive wall papers and lastly, placing sofas and bean bags there. It solely depends upon you whether you wish to hire a contractor to renovate your basement or do it yourself. Hiring a contractor may cost you a certain amount but he can transform the basement beautifully. Doing it your self will help you save money and do what you wish to do with your basement.