I purposely made the choice to work out in the garage instead of the basement, and it was from purely safety/ventilation reasons.
My house has a partially finished basement - the walls are insulated and sheet rocked, but no carpeting on the floor. I'm in a very rural area and use propane to heat the house and cook with. My utility room is packed with propane burning appliances - 3 hot water heaters (two domestic hot water and 1 for the hydronic heat in the basement) and the furnace. There is plenty of fresh air being brought in for those appliances, but not enough for a ventilation fan, so I'd have to open a window.
Minnesota is darn cold - if you were watching the weather the other day, you saw that not too far from me there was -20 F temps (approx 100 miles). We don't open windows in that temp
. Ducting the fresh air to the bench would have been a nightmare because the basement is broken up into bedrooms and recreational areas.
The garage on the other hand was a no-brainer. Since my divorce, I've got an empty stall in the garage, it's insulated and heated, although I keep it at a chilly 53 F temp, just enough to keep the bedroom above the garage warm.
My bench is along the side wall, and I exhaust out through the door - I replaced the "people" door going to the backyard with a painted wooden door and mounted my exhaust fan to that. The fresh air supply is also ducted through the door, but then turns 180 degrees and runs along the outside wall to approximately 10 feet from the exhaust fan duct.
Garages are good places to put your studio. If you have some extra money, insulating and sheet rocking a garage can be a weekend project, and putting a unit heater in the garage will make it lots more comfortable.
When I'm going to work at the torch, I bump the temp up to 65, turn on the kiln, and go in the house to change clothes or grab a soda. It usually takes about 30 minutes or so for the garage to get up to temp (although the concrete still stays cold - I've put a rug scrap under my chair to keep the cold from radiating up my legs), and I'm ready to go to work.