The main thing to remember when doing your basement ceiling is to think about the way you're planning to use the basement. Who knows? You might just come up with a brand new idea of your own.
Coffered ceilings, on the other hand, are very similar in technical terms to suspended ceilings, but differ from them in being decorated with ornate recessed panels, offering a more corporate appearance, ideal for those who plan to turn their basement into a home office or formal study. The drawback of plain old suspended ceilings, on the other hand, lies in the industrial look they tend to give a room, which can be great if you're into Manhattan-style architecture and not-so-great if your house has been designed to look like a Tuscan villa. For practical purposes, they're great, as one can quickly access any wires pipes they conceal by snapping away segments of the ceiling. Most building codes require at least 90 inches of headroom for a finished basement, so in the event that your basement has a low ceiling, you have two options - either dig up the floor, or go for drywall.
If you choose to drywall your basement ceiling you will need to nail a frame to the bottom of the floor joist to have something to hold the drywall in place. There are many drywall tips that you can get on your internet web sites if you need help.
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