Basement Remodel
The cost of remodeling a basement is dependent on how drastically you intend to transform your current space. A basic basement remodel can cost as
little as $20,000
. The cost of simply re-working the space you have typically costs between $20,000 to $30,000 for labour and materials.
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.
How much does it cost to remodel an unfinished basement?
| Type of Cost Cost | Average Cost $18,400 | Highest Cost $80,000 | Lowest Cost $3,000 |
|---|
How much does it cost to renovate a 1200 sq ft basement?
A 1,200 square foot basement remodel costs
$30,230 on average
, or $25 per square foot for materials and installation with most homeowners spending between $19,100 and $36,000.
Is finishing a basement a good investment?
Finishing a
basement can be a good investment
. According to cost versus value surveys conducted annually by Remodeling magazine, the average return on investment for a basement project nationally is currently around 75 cents on the dollar.
What is the cheapest way to remodel 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.
In what order should I finish my basement?
- Step 1: Install Insulation. …
- Step 2: Frame the Walls. …
- Step 3: Install Utilities. …
- Step 4: Mount Drywall. …
- Step 5: Paint.
How much does it cost to frame and drywall a basement?
Framing: You should expect to spend
about $1 per square foot
to frame your basement. 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.
Is it cheaper to build on a slab or basement?
Slab foundations on average are
about $10,000 cheaper than most crawl spaces
. Slabs are much cheaper if a crawl space or basement must be carved out of solid rock, which can be very expensive. Slab foundations make it less likely that radon gas will leak into the house.
How much does it cost to finish a 300 sq ft basement?
The average cost to finish a basement is generally between $25 and $50 per square foot, but costs can go as high as $90 per square foot depending on how extensive the renovations are and the materials and labor you choose. For most basements, the average cost works out to
around $30,000
.
How much does it cost to put 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 would it cost to drywall a 1500 sq ft house?
| Average Cost to Drywall a House by House Size | Cost to Drywall a 1000 sq ft House Total Cost | Average x 4140 $9,150 | High x 4700 $14,800 | Cost to Drywall a 1500 sq ft House |
|---|
How much is the average basement remodel?
Basement Remodel Costs
Basement remodels cost
$21,422 on average
and typically between $12,268 and $33,038. Expect to pay anywhere from $30 to $75 per square foot. These upgrades increase your home’s value by about 70% of your investment.
Do appraisers look in basements?
If you have a functional attic, basement or garage –
your appraiser will factor those assets into your overall home value
. In most cases, the square footage of these areas won’t count towards your total home’s square footage.
Are Finished basements worth the cost?
| Market | Washington, D.C. | Job Cost | 40,133 | Resale Value | 47,667 | Cost Recouped | 119 |
|---|
What adds the most value to a home?
- Kitchen Improvements. If adding value to your home is the goal, the kitchen is likely the place to start. …
- Bathrooms Improvements. Updated bathrooms are key for adding value to your home. …
- Lighting Improvements. …
- Energy Efficiency Improvements. …
- Curb Appeal Improvements.
