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.
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.
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.
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.
A focal point wall is a great way to build architectural interest in the basement by installing brick tiles for durable and easy-to-maintain walls. This multi- purpose room and entertainment area, features a pool table, game table and home bar transforming a boring basement into the family room where everyone can relax, unwind and enjoy. Many finished basement ideas incorporate a home bar, game area and dining table to provide plenty of opportunities for entertainment and fun.