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There really isn't one. They're built because years ago a root cellar was needed to store food without it freezing. A basement is naturally insulated and keeps a constant temperature of about 50-55 degrees, so it was originally a fantastic idea. Now, because of the cultural background, many people don't feel complete with a home that does not have a basement.

If you HAVE a basement, though, it's not useless. It's a giant space- probably the largest in the home, and it can easily be finished into a family room, kid's play room, extra bedroom, basement library, basement wet bar, or anything else you can imagine. Basements are naturally quiet, private, temperate spaces, and if you can just keep them dry, they're one of the best places in the house. Renovating it can be done at half the cost of building an addition and with no loss of yard space.

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