Have you outgrown your living space, but you don't want to move? One of the easiest ways to create more usable space in your home is to remodel the basement. Most basements are typically dark areas, used primarily to store old toys, sports equipment, seasonal decorations and all of the other stuff that we just don't use everyday. The basement is rarely seen, and many of the stored items are eventually tossed out or given away.

Perhaps it is time for you to reconsider how you use your basement. Remodeling your basement is a cost-effective way to expand your home's living space. You could have a guest room, a home office, a children's play room, a recreation room; the possibilities are limited only by your imagination.

You can reclaim your basement in just five easy steps:

1. Solve any water problems.

Problems with dampness or flooding may be an infrequent occurrence, but it's best to solve the problem before you begin the renovations. It can take time to implement a permanent solution. Seek the advice of an independent home inspector who specializes in waterproofing problems.

2. Make a plan for your new space.

Consider the characteristics of your basement, and try to use the space accordingly. If your basement lacks natural light, it will make an ideal home theatre or dark room. An isolated area provides a natural sound barrier, so use the space as a music room or teenager's hangout.

3. Design your dream room.

It might not seem like much now, but your basement has the potential of becoming a beautiful living space. Consider enlisting an architect or interior designer to help you get the most out of the space. With a little forethought and some careful planning, you can create an area that is comfortable, attractive and useful.

4. Go with the flow.

The odds are, that, when your home was first built, there were few if any air registers or vents installed in the basement. When you remodel your basement, you need to think about the importance of good air circulation, and add openings wherever necessary.

To be on the safe side, install a carbon monoxide detector in your basement. This way you'll have an early warning of any problems with the venting of your furnace or any other major appliances.

5. Let the sun shine in.

Depending on how you plan on using the space, you'll likely want to create more light in your basement. Installing larger windows creates more light and offers alternative fire escape routes.

Some homeowners may be concerned that basement windows create an entrance for thieves. If you are worried about potential break-ins, glass blocks or security bars are good options for letting the sun shine in, while keeping criminals at bay.

Another way to maximize the light in your basement is to install windows on interior walls between the rooms. Then, the natural light will be able to reach interior rooms.