Consider what you can do yourself. Finishing your basement is a full process and is not easy. But if you’re looking to save money and are quite handy, consider waterproofing the basement yourself. Basement waterproofing with SANI-TRED® uses a proven application process that is perfect for the do-it-yourself community. You can (and should) hire contractors for specialized tasks like plumbing or electrical, but many can do the waterproofing yourself for less.
When it comes to basement renovation, the national average price for a finished basement ranges between $5,000-$70,000. That said, unless you're adding in an elaborate home theater or building in separate rooms with high-end finishes, most Thumbtack customers report paying, on average, between $5,100-$7,150 for their remodeled basement. A finished basement provides you additional living space, increases your home’s value, and offers great return on investment when it comes to home improvement projects.
Consider what you can do yourself. Finishing your basement is a full process and is not easy. But if you’re looking to save money and are quite handy, consider waterproofing the basement yourself. Basement waterproofing with SANI-TRED® uses a proven application process that is perfect for the do-it-yourself community. You can (and should) hire contractors for specialized tasks like plumbing or electrical, but many can do the waterproofing yourself for less.
Basement remodeling can be stressful, and understandably so. But the styling aspect will provide some much-needed fun. Seeing your newly finished basement take shape as the flooring is installed and the walls painted will be exciting and there is no feeling like seeing it come to life as furniture is put into place and light fixtures are installed.
If a homeowner is seeking to make basic changes in order to renovate a basement, then it can cost as little as $1,000 - $6,000. This means the walls and floor will be waterproofed, then carpet, wall panels, upgraded flooring or improved lighting might be added to make a basement feel like a living space. The cost will depend on the initial shape of a basement, how many upgrades are made and whether or not a contractor is hired to make certain installations.
Your basement will likely need to be fitted with additional wires to support more lights and electronics. You will need to hire a licensed electrician if you plan to install additional overhead light fixtures, outlets and other components that require additional wiring. The cost of electrical installations depends on the exact project, but licensed electricians tend to charge between $50 and $100 per hour.
Finishing the ceiling of a basement can be a tricky proposition. In most basements, important pipes, wires, and ducts already crisscross this area, often lowering the total ceiling height. If you were to install a drywall 5 or standard ceiling, you would be encapsulating these items, making them difficult to find and access in the event of an issue. Therefore, most basement ceilings are finished with some type of drop or suspended ceiling, sometimes known as an acoustical ceiling 9 or a grid ceiling.
Complete remodel of our walk-out basement. Gutted and replaced literally everything, from the framing to new custom windows and solid doors. Reconfigured plumbing and remodeled the 3-piece bathroom with high-end finishes; completed the laundry room, guest bed room with walk-in-closet, and family room with solid wood custom cabinetry/wet bar, island, built-ins, and gas fireplace with granite surround. Also demolished and rebuilt exterior concrete steps to basement entrance. All finishes are high-end and remodel included many upgrades (in-cabinet/under cabinet lighting, stainless-steel beverage center, central speaker system, etc.) Love the end-result but process was extremely long.
Planning is the first stage with any basement bathroom installation. For a basement that's designed as a recreation room, work space, or kids' play area, a half-bath (stool and sink, but no shower or tub) is adequate. A basement with bedroom or en suite needs a full bathroom. Knowing how you plan to use the basement living space typically dictates the functional purpose of its bathroom.
Adding carpet to your extra bedroom is a great way to separate this space from your basement, and make the room feel like an escape. There’s nothing like getting up and putting your feet on a soft carpet. Another pro of carpet is that it’s cheaper than hardwood flooring, or other popular flooring options. The average cost to install carpeting is $1,628, with homeowners reporting prices between $862 and $1,831.
The cost of a basement remodel can be significant, but your potential return on investment is just as considerable. In addition to adding to your living space, the average basement remodeling project also increases your home's resale value. The National Association of Realtors considers basement remodels to be among the most valuable home renovations.
Local planning departments usually have specific regulations on ceiling height, access doors, radon ventilation, waterproofing and other details of the basement remodeling process. Many building codes now require upgrades such as residential fire sprinklers for new construction or major remodeling projects. Ask about local requirements and get all required permits (or make sure the contractor does this). Depending on the location, permit costs can be next to nothing or extremely expensive; find out exactly what they are and include them in the project's budget.
If you decide to go with a pony wall, you may be able to handle the project yourself (saving money). However, if you’re going to expand your house and need to install weight-bearing walls, you’re better off leaving it to the pros. Additionally, you or your pro will need to investigate building codes and local requirements to ensure you comply with structural guidelines.
A sophisticated media room featuring an open plan layout design scheme features a kitchenette and bar for entertaining, a light one wood cabinetry is designed for extra storage space and at the same time doubles as an entertainment area and a working/study corner. The fireplace serves as a focal piece and makes this room warm and cozy together with the cool neutral shades of brown and tan.
It was the start of a year-and-a-half basement finishing project, but it was well worth all of the effort. Jamin and Ashley of the home design blog The Handmade Home began by installing drywall over the cinderblock walls, applying spray foam insulation, and enclosing the necessary but ugly supporting adjustable steel posts. Next came paint, flooring, and furniture, all fusing together to make a lovely daylight basement for work and play.
Estimate the overall cost to install drywall in the basement at approximately $1.50 per square foot. The basic drywall panel measures 8-feet tall and 4-feet wide and is available in thicknesses that range from 1/4" to 5/8". This standard panel usually costs between $10 and $20. Price will vary depending on the brand, panel's thickness, and if it has any special features like mold resistance which may be beneficial for a basement space. Other material costs when adding drywall include the hardware to secure it to the framing, joint tape, and drywall mud.
Installing all of the necessary plumbing and electrical work while walls and floors are unfinished will result in savings.Starting from scratch doesn't require demolition, which can save you around $2,000. Framing may be necessary to define rooms and spaces. System upgrades usually call for minor expansions to the HVAC and electrical systems, but not adding plumbing. The bulk of the cost, however, is in flooring and finishing. After wrapping things up with carpeting, drywall, and ceiling material, you can expect to pay anywhere from $6,500 to $15,500.
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