A finished basement has the potential to add value to a home, especially when it comes time for resale. The average basement remodel project can have up to a 70% return on investment. Home buyers typically prefer a house with a finished basement and may even increase their offer if that living space recently has been updated or remodeled. The finished basement also adds value by creating more living space in the home without having to spend thousands on an addition.
Finishing a basement ceiling can be a challenge as more than likely, you will need to work around duct, plumbing and electrical work, all while trying to maintain a comfortable room height. A qualified contractor may be able to reroute some of this hardware, but you will more likely lose some headroom to accommodate these fixtures in your finished basement.
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.
Installing a bathroom in a basement costs more than installing a bathroom above ground. Costs can range from $2,500 to $5,000 on average, depending on the number of fixtures and whether the plumbing must be installed from scratch or if it’s roughed in already. Basement plumbing requires special considerations to ensure proper drainage and tie-in with the main sewer line, which may not be deep enough to allow the basement bathroom plumbing to use gravity the way above-ground plumbing does. Virgil Miranda’s Construction subcontracts all plumbing work. Miranda says that sometimes the toilet alone in a basement can cost up to $2,500 because sometimes homeowners need to invest in a toilet that does not use gravity but instead a macerating function to grind waste down to prevent clogging. Miranda estimates that each bathroom fixture in a basement costs $800–$900 on average, so a full, three-piece bath could cost $3,000 for the fixtures alone. Adding a kitchenette or wet bar sink adds more to overall refinishing costs. In addition, some basements require a French drain with one or more sump pumps, which can cost up to $10,000 on average, depending on how much ground the drain covers.
This luxury sauna and marble shower is a stunning add on to your home basement transformation. After a stressful day at the office or for a relaxing private retreat, this is a perfect place to unwind and help loosen up those tired and aching muscles. This sophisticated steam room sauna and walk-in shower which feature custom wood treatment, marble and tile walls will automatically increase the value of your home and property.
When putting a wall over a recently constructed frame, sheetrock is the industry standard for a paintable and more durable option. It can help insulate the room and generally lasts a long time when maintained. If you are trying to significantly drive costs down, go with paneling. It is very light, inexpensive and pre-finished in a variety of different sizes and types. Labor costs may also decrease because paneling is easier to transport and work with.
Remodeling a finished basement is costlier. The demo can cost from $1,500 to around $3,000 to prep the site. System upgrades include expanding the HVAC and electrical, but even if you already have a bathroom in place, remodeling can add $1,000 to $4,000. Finally, the finishing work can be kept low if you stay with the basics, but upgrades to hardwood floors and other luxuries will add $7,000 to $10,000 to the job. On average, expect to pay $13,200 to $30,500 for this job.
Whether your basement is for a game room, man cave, yoga retreat, or movie room, this room has the potential to be the best room in the house. What color you chose depends on a few things, the most important being what is the tone that you want to set for the room? Followed closely by how the room will be used and who will be using it most. The color is really going to set the stage for this space so you want to make sure you have the right color before you commit it to your walls.
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.