After: The former rec room is barely recognizable in its new incarnation thanks to HGTV's Income Property. For the entire basement makeover, the homeowner opted for a $50,000 renovation plan that could potentially net an additional $1,300 per month in rent income.
The new basement living room is a highlight of this remodel. In total, Josephine's complete basement conversion boosted her home's estimated value to $650,000 — more than $200,000 above her purchase price — and should provide an income stream in rent of $1,400 per month as seen on HGTV's Income Property.
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