There are lots of things to take into account, not the least of which is that buy microzoning the place you may run into efficiency robbing short-cycling issues, particularly if the boiler is already 2x+ oversized for the whole-house design-day heat load (which would be typical.) The basement zone is likely to be a very small heat load relative to the boiler's output, but if the radiators have sufficient thermal mass you might be OK from a short-cycling point of view, but may have issues with too low a return water temp entering the boiler (unless it's already protected by the near-boiler plumbing configuration.) A fin-tube baseboard-only zone will be very low mass, and more likely to end up with a short-cycle problem when micro-zoned.
Do a heat load calc on each zone (in the new configuration), and compare each to the boiler's output. You may need to add some buffering to keep the system running efficiently, and to keep the boiler from short-cycling itself into an early grave. Using a buffer tank as the point of hydraulic separation can cure a world of ills when the immediate heat load of the individual zones are less than 15% of the boiler's output. If your radiation temp requirements are north of 125F (likely, almost CERTAIN, with baseboard), using a buffer with an internal heat exchanger to provide the domestic hot water can increase the overall efficiency as well. But any of this is a lot more expensive than another zone-valve and some fittings...
Got a zip code, annual fuel use, and the boiler's BTU-out numbers?





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