When it comes to basement remodels, there is no shortage of modern basement ideas to borrow from. This West Lafayette family was ready to reclaim their empty, unfinished basement and gain valuable living space for their family. Rather than letting this precious square footage go to waste, they opted to transform their basement into a welcoming area for friends and family to enjoy. With plenty of options to choose from, this family can now set up a game room, a play area for their kids, or even a theater room. Regardless of how they end up using this space, they are most certainly going to increase the value of their home. Balancing aesthetics and functionality, this basement remodel was painted a soft gray with white trim. The floors were laid with neutral Mohawk Key Trend mineral deposit carpet, and the typical “wasted” space under the stairwell was turned into a useful closet for much-needed storage. Riverside Construction also added a full bathroom to this basement, which not only likely increased the home’s value, but also made it a truly livable space.