Many basements may be cluttered with boxes, and decorated with cobwebs, or can feature exposed wiring and plumbing. However, they also have great potential to offer more space and comfort to your home. In addition, a renovated basement can add considerable value to your home whether you choose to turn it into a home office, bedroom, family room, or even basement suite. As you would expect with any renovation, planning is the key. Before you start to renovate your basement, you should take some time to develop a well thought out plan of how you want the transformation to proceed. You will probably want to consider how to renovate the ceiling, lighting, and flooring once you have chosen a purpose for the room.