When it comes to basement remodels, the most costly way is to start with bare bones. If all you have is concrete walls and floors, you need to add framing, electrical, plumbing, flooring and trim. Basement finishing in a newer home that already has plumbing and electrical roughed in, a watertight foundation and some insulation installed—but no final finishes (like drywall or paint or carpet)—usually costs less than remodeling an already finished basement. This is because when you already have a finished basement, the pros will need to do demolition at the beginning of the project, which can add $500–$1,500 to overall costs.
Finishing a basement can cost between $25–$50 per square foot on average, depending on how the basement is finished, whether any challenges come up or whether there are special circumstances with the project. For this reason, a 1,000-square-foot basement can cost up to $50,000 or more to finish. Virgil Miranda of Virgil Miranda’s Construction, a general contracting company based in New Bedford, Massachusetts, says it can be tricky to estimate remodeling jobs based on square footage alone, due to the variance in each job. Larger basements may have a lower cost per square foot than tiny remodel jobs.
For a playroom, keep it cheerful and bright. A lovely lemon-curd yellow is a great choice provided you have ample lighting. Any yellow tone will look muddy in a dimply lit room, so keep that in mind when selecting paint colors. If you want to be really adventurous, purple is perfect for a basement playroom. Purple inspires creativity and energy and is great for the playroom that will double as a creative space.
Foundation walls are usually made of poured concrete or stacked concrete block, materials that reinforce the feeling of the basement as a secondary space. To give the basement main-floor style, cover the concrete with your choice of materials: drywall, plywood, paneling, or paint over the concrete. This basement features clean, finished walls in most of the space but left a corner of a room with exposed brick as an accent.
This contemporary basement design has several entertainment areas such as pool game area, granite home bar and more than a few seating areas are perfect for accommodating different interests and activities giving this game room personal charm and style. Modern drop lights combined with recessed lighting provides ample illumination to the whole area.
Another important part of finishing your basement is choosing the right walls. Basements have concrete walls and floors, but once they’re waterproofed, you can design the entire space with new walls and floors to completely transform the space. As with flooring, choosing the right basement walls can also affect the final price of your basement transformation. False walls are common and can be customized to meet your needs while keeping the original concrete walls is an option for others. Keeping your concrete walls is a cheaper option, but false walls provide more customization. In the end, it all comes down to what you’re looking for.
This contemporary basement media room features a living room with comfortable long brown leather couch with tufted ottoman; multiple TV screens are perfect when watching movies on a weekday evening or weekend, or watching your favorite sports live. Components and other things are tucked away in the custom-built cabinets below. Neutral, monotone colors and layout scheme makes the basement hangout open and bright.
Drywall must be applied to any framed basement walls you have and must be applied to any additional walls used to create your basement bedroom. A standard 8’ by 4’ panel will cost between $10 and $20, depending on the thickness. The cost to install these panels varies, but most homeowners report spending around $1.50/sf. The total cost of your project will range between $1,152 and $1,982, with an average cost of $1,915 to install a wall.
Wine requires proper storage, and transforming basements into wine cellar is putting this extra living space of your house in to good use. Choose wood which are good in quality having resistance to rot and decay, durable and requires only a mineral oil finish; such as redwood, mahogany, walnut or cypress. Stone floors are the excellent flooring system you can install for your basement wine cellars because they are strong and durable. Granite countertop is a good combination as well.
Adding or enlarging basement windows and adding exterior doors are jobs for a professional, but the resulting natural light and ventilation will significantly increase your enjoyment of this living space. To add below-ground windows you'll need to dig a window well. The retaining wall for the well may be made of masonry, limestone blocks, or treated landscape timbers, as in this window well. The terraced timbers serve as pot garden perches as well as steps for an emergency exit.
This traditional home basement is redesigned to be an adult’s retreat spot. The game area features a poker table with black leather chairs, the sectional sofa and ottoman by the fire place are made of brown leather and a small counter with bar stools. This entertainment area opens and flows out to the basement’s wine cellar. Decorative stones which are used for accent walls, arch ways and fireplace adds warmth and coziness to the room. Homeowners could entertain many friends in a fun place like this one.
Basement water leakage can cause serious problems for a homeowner. Standing water can lead to mold growth, which poses health issues. It's also a haven for bugs and other pests. Over time, concrete blocks and foundations can sustain hairline cracks. While they may appear small on the surface, they can be the start of an enormous problem, so early repair is key. The only way to rectify a basement water problem is to remove the water and seal the leaks. This may involve removing existing paint or wall coverings as well as replacing soggy beams.
If you want to increase the amount of living space in your home, remodeling your basement makes a lot more sense than adding on a new addition. A finished basement has an ROI of around 70%, making it one of the better investments you can make in your home. A typical basement remodel costs around $90 a square foot, assuming moderate decor and finishes. With the average project size of 600 square feet, this puts the cost of the average basement remodel around $55,000.
Do-it-yourself assessment The typical Basement Remodeling project involves tasks that are best performed by experienced professionals. Good quality Basement Remodeling requires considerable experience, skill and attention to detail. Do it yourself mistakes are noticeable, may be difficulty to remedy and may actually reduce the market value of the project and your home.
While basements get a bad rap at times, if built finished out or remodeled later on,Â they actually offer a wealth of extra living space for many purposes and activities. For instance, a media room, living room, wine cellar, wet bar, gym, office, playroom, man's cave, laundry and guest room are all popular choices for basement spaces. If you are lucky enough to live in an area where basements are a commonly built element of most homes, you may just be sitting on a myriad of abundant new living possibilities! We've included some of our favorite basement remodeling ideas and images below. Which do you like best?
Of that amount, $15,000 on the labor cost and the rest on material. all walls demolished, cracks in the wall fixed, then insulated and rebuilt, new windows, new electricity wiring, new floor tiling, new web bar, new stairs build from scratch replacing the old. Also, built two closets, one with shelves and the other for clothe-hanging, two utility rooms, one of them where the burner is fire proofed, all walls plastered and painted, wood stained etc. The contractor worked 10 hours a day and finished the entire project in five weeks! (I cooked lunch and provided cold drinks.) could have build a bathroom for $3000, but I decided to do that another time.
Even if you do not use an online tool, plan extensively beforehand as to exactly what you plan to do. What color will the wall be? Will you put in any art? What flooring style will you go for? If your budget allows, you can consult an interior designer for recommendations. One advantage of such planning is that it allows you to set out a budget that you can work within, ensuring that you are not caught short of cash in the middle of your project.
Once you’ve completely waterproofed and your basement is protected, you can move on to the room’s interior. Choosing the right flooring is an important part of making your finished basement truly your own. The type of flooring material you choose will definitely factor into your final price, so choose wisely and pick the floor that’s best for your finished basement.
Accounting for variables such as square footage, materials, electrical and plumbing, the average basement remodel ranges from $11,034 and $29,226. Some cost as little as $5,000, with top of the line remodels costing over $40,000. The average cost to homeowners is $20,126. Expect to spend between $10 and $35 per square foot depending on the changes made.