The basement is also an incredible place to create a laundry room, and you can easily put things together so you will end up with a neat space. With this, it is essential that you create storage solutions. Cabinets or closets are a must. You might want to add some plants as well to give the room a fresher look.
If you are into arts, you can have the basement as your art room. You can paint and showcase all your completed work. This could be an extension of your living room where you can entertain your guests while appreciating your arts.
The basement should not be an isolated place. You can definitely transform it into something functional. From the ideas above, pick what you need and go from there.