How Do I Plan My Basement Renovation?

by | Last updated on January 24, 2024

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Expect to pay

$7,000 to $23,000

, or $15,000 on average, to finish a 1,000 square foot basement.

How much does it cost to finish a 1000 sq ft basement?

Expect to pay

$7,000 to $23,000

, or $15,000 on average, to finish a 1,000 square foot basement.

When remodeling a basement where do you start?

  1. Step 1: Decide How You Want to Use Your Basement.
  2. Step 2: Draft a Detailed Basement Floor Plan.
  3. Step 3: Look for Signs of Moisture in Your Basement.
  4. Step 4: Do a Basement Inspection.
  5. Step 5: Consider Your Electrical and Plumbing Needs.
  6. Step 6: Choose Your Basement Insulation.

How do I budget my basement to remodel?

  1. Focus on the ceiling, floor and walls.
  2. Improve part of the basement.
  3. Paint the ceiling and walls.
  4. Make room for storage.
  5. Light up the space.
  6. Create a space for crafts and activities.
  7. Add easy-to-install flooring.
  8. Paint or stain the floor.

What is the cheapest way to finish a basement?

You can save on the cost to finish a basement by doing things not bound by codes:

installing trim or doors, painting walls and woodwork

, and installing flooring, says Buckeye Basements' Jon Smith. Beyond that, count on using some pros.

In what order should I finish my basement?

  1. Step 1: Install Insulation. …
  2. Step 2: Frame the Walls. …
  3. Step 3: Install Utilities. …
  4. Step 4: Mount . …
  5. Step 5: Paint.

What if I finish my basement without a permit?

If you finish your basement without getting a permit,

your house may fail future inspections

. The permitting process ensures the job gets done properly, so you also run the risk of completing work done to code. This could result in a fine or the removal of any finishing work you've already completed.

What is the first step to finishing a basement?

  1. Step 1: Install Insulation. …
  2. Step 2: Frame Your Walls. …
  3. Step 3: Install Drywall.

Is it worth it to finish basement?


A finished basement can increase your property's value by 70%

. While a basement does not add to the overall square footage of the house, that fact is usually beside the point for homeowners. Finished basements often function as an informal living room/family room, office, home classroom space, and guest rooms.

How much does it cost to put up walls in a basement?

The national average materials cost to frame basement walls is

$0.96 per square foot

, with a range between $0.90 to $1.02. The total price for labor and materials per square foot is $3.67, coming in between $2.52 to $4.82. A typical 300 square foot project costs $1,100.19, with a range of $755.37 to $1,445.01.

Does finished basement increase home value?

“When done well,

a finished basement will add significant value to your property

. On average, a finished basement will give you a 75% return on your investment. In areas where extra living space is in great demand, this will be even higher,” says Katie DeWeese, an interior design, remodel and redesign specialist.

How much does it cost to drywall a basement ceiling?

Drywall: It costs around $1.50 per square foot to hang drywall in your basement. Ceiling: Basic ceiling installation can cost as little as

$1-2 per square foot

. But, if the project is complex, it can cost around $6 per square foot.

How can I cover my basement walls cheaply?

Fortunately, you can cover basement foundation walls quickly and inexpensively.

Attach wood furring strips, Z-shape channels

, or 2×4 studs to flat, dry masonry walls, then add insulation and cover the strips or studs with drywall.

What is the average cost to add a bathroom in a basement?

Adding a bathroom in a basement costs

$8,000 to $15,000 on average

. You'll save $500 to $1,000 if you have a rough-in drain already in place – typical in newer homes and usually near the main drain line.

How much does it cost to finish a 1800 sq ft basement?

Square Feet Open Plan 3 Rooms 1,000 $32,000 $38,000 1,200 $38,400 $45,600 1,500 $48,000 $57,000 1,800

$57,600


$68,400

What kind of flooring is good for a basement?

What basement flooring options and materials are the best? The best type of flooring for basements is

vinyl

. Vinyl flooring can come in the form of vinyl plank and vinyl tile, giving it the ability to look nearly identical to hardwood and stone products with the added benefit of being waterproof.

David Martineau
Author
David Martineau
David is an interior designer and home improvement expert. With a degree in architecture, David has worked on various renovation projects and has written for several home and garden publications. David's expertise in decorating, renovation, and repair will help you create your dream home.