If you hate driving all the way to the gym, then why not turn your basement into your own personal gym? In doing so, make sure to have the proper calculations of measurements in terms of the equipment that you plan to put in so that it actually fits the room. Create a list of all the gym equipment that you want to include in the space so that you can figure out if they can come down the stairs.
If you need more space for your work desk, paper work, computers, laptops, printers, fax machines and other office appliances, then turning your basement into a work office is a great idea. Make sure to plan out where everything will go so that you can utilize space. Maximize your lighting and keep the “office” ambiance through your interior design.
If you feel that you are in need of an extra bedroom for your guests to sleep in when they plan to stay the night, then this is another great idea to consider. All you basically have to do is to make sure that the room has all the necessities that they need. That means you should have a comfortable bed with linens and enough pillows, a closet, a half bathroom or whole bathroom (which ever you can afford to build in), a TV and a ceiling fan or heater if necessary. It is a very wise idea to have your basement waterproofed to avoid future water damages which could cause you to spend more money.
If you like throwing parties for your friends then you might consider turning your basement into a bar. It is pretty much installing a new kitchen without the appliances so the expenses will vary. You have to think about if you want a full bar or not because if you do not want a full bar you could purchase a horizontal bank of cabinets that you could use as your bar’s main table. Be creative and fun with its interior design so that the room gives off positive energy. Make sure to price all your options carefully.