I live in the Northeast and I am lucky enough to have a basement that can be used to workout in. Right now the gym area consists of a Punching bag, gym flooring, kettle bells and resistance bands. There isn't a lot of space, so I have had to become very economical with it and the workout I do.
I do a mix of Mauy Thai, High Intensity Interval Training and Weights, all of which are confined inside the 5' by 8' space that I have. As you can see with the pictures below, just a little effort can go a long way in transforming a space into a highly usable workout area. If you want to build your gym like mine, below will be some links
I know that not everyone has the ability to have a space like that and that's something I'll talk about next time.
Gym Link Below: