Basement actually offers a wealth of extra living space for many purposes and activities. For instance, a media room, living room, wine cellar, wet bar, gym, office, playroom, man’s cave, laundry and guest room are all popular choices for basement spaces. Expand your home’s square footage by using the basement for more than just storage. With simple updates, you can create a usable space that works hard and looks great, too. Use our basement decorating ideas to create a living room, bedroom, or media room for your lower level.