(NC) -- If the volatile real estate market has you frazzled and scared to make a move, a home renovation project may be just the right answer. With house prices on the rise, finishing a basement is the latest trend towards building even more equity in the home. A finished basement can offer a little extra room to give a growing family space to breathe – and with so many uses, a renovated basement may be the exact solution to what your home is missing. It provides additional storage space, a sound-proofed media room, craft room, guest room, or home gym. The possibilities are endless.

An unfinished basement, on the other hand, can be a source of energy loss, so with a renovation you can expect to see savings on your heating and cooling costs. Industry experts recommend finishing the space with the proper framing, insulation, and vapour barrier to guarantee cozy and inviting rooms. Insulation plays a key role in the comfort of your newly renovated space and although hidden within your walls, it will make sure the basement stays cool in the summer and warm in the winter. Stone-wool insulation, like a product called Roxul, is highly recommended by retailers, builders and contractors.