I record in my Basement... I hate it.... I like windows and sunlight, it's so dark, cold and depressing there.... it's totally finished with proper ceilings and ceramic floors, but it's still a basement.
Im actually thinking of building a studio out beside the pool as an addition to the house.. It's an inground, and I think that would be cool to wander out of the studio and dive in....
I would love some sort of room with a glass ceiling, and lots of neat subfloors.....
I like the Idea of having lots of different levels... One step up to the control area, and a step down to the guitar area, another step down to the live floor, and the vocal booth is about 6 steps up, on the side of a wall.....
Oh, and one wall would be a waterfall.... and of course I would be able to shut it off, for those live off the floor takes... (most of my stuff is direct and I wouldn't need to shut it off most the time..
Not a loud waterfall.. just slight twinkle in the background...
But, knowing me, I will just suffer in the basement... too lazy to do anything like the above.