We do have a nice basement that will most likely be used as a family room; however, when guests are over, it could really be an excellent spare bedroom. When guests arrive, the beautiful furniture piece will be transformed into a bed. If remodeling goes as planned, the guests will even have their own restroom. So while they are there they can have their own secluded space to relax and freshen up.
The Bedder Way Co. has some good ideas of where to place your Murphy bed in your house.