Homeowners like their houses to appreciate in value and are always looking for new ways to help increase the value of the house. One of the most common ways to increase value is by adding an extra room to the house. The addition of a new room does not require homeowners to expand the size of their property; converting the basement or attic into an extra room works just as well. Usually, the basement is much easier to insulate and is cheaper to maintain in the long run. The latest trend in the world of home design is to renovate the basement and make it more useful than just a storage area. The most common basement renovation and remodelling projects tend to convert the basement into an additional bedroom. This is particularly useful in households where siblings shared a room when they were young, but need their own private rooms once grown up. Converting the basement into a bedroom is also very common in households that want to add a separate guestroom to the property without sacrificing one of the existing bedrooms. Apart from an additional bedroom, basement renovations can also be used to create a family entertainment room. These rooms are designed to incorporate activities for every member of the family and generally even include a home-theatre system, pool table, playpen and a board game centre. It allows a family to move their activities into the basement without cluttering up the living room or kitchen.