Table of Contents
In terms of average costs, you can expect to spend anywhere from $2,800 to as much as $34,500 for a basement finishing project, which is about $7 to $23 per square foot, including labor and materials, according to Angi.
How much does it cost to frame a 1000 sq ft basement?
Cost to Frame a Basement Square Feet Materials Cost Framed and Drywall Installed 1,000 $1,000 $3,050 1,200 $1,200 $3,660 1,500 $1,500 $4,575 1,800 $1,800 $5,490.
Is finishing your basement a good investment?
A finished basement can increase your property’s value by 70%. While a basement does not add to the overall square footage of the house, that fact is usually beside the point for homeowners. Finished basements often function as an informal living room/family room, office, home classroom space, and guest rooms.
Is it worth it to remodel a basement?
Many people wonder if finishing their basement is worth the time, effort, and money to remodel their downstairs space. To answer that directly, yes, finishing your basement will almost always increase the value of your property. The standard return is around 70%, according to Remodeling.HW.net.
How do I budget my basement to remodel?
8 Tips To Finish Or Remodel A Basement On A Budget Start With One Area Of The Basement. Confirm There Aren’t Any Moisture Issues In The Basement. Basement Flooring On A Budget. Painting The Basement Yourself. Find Unique Items To Decorate The Basement At Bargain Stores. Choosing Your Ceiling On A Budget.
Which flooring is best for basement?
What basement flooring options and materials are the best? The best type of flooring for basements is vinyl. Vinyl flooring can come in the form of vinyl plank and vinyl tile, giving it the ability to look nearly identical to hardwood and stone products with the added benefit of being waterproof.
How much does it cost to drywall a basement?
Cost to Drywall a Basement Installing drywall costs an average of $1,850 or about $2 per square foot. Finishing basement walls in a 400 square foot space may run you $800, while 1,500 square feet is closer to $3,000.
Do all basements leak?
The most common cause of basement water in homes is from leaking wall cracks. These cracks will not automatically leak but often do. Surface repairs with rigid products such as hydraulic cement or epoxy will often fail again within a couple of years.
What adds the most value to a home?
What Home Improvements Add the Most Value? 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.
What is the first thing to do when finishing a basement?
Steps to Finishing Your Basement Step 1: Install Insulation. One of the easiest and most effective ways to insulate a basement’s exterior walls is adding polystyrene foam insulation directly to your foundation walls. Step 2: Frame Your Walls. Step 3: Install Drywall.
Can you get sick from living in a basement?
Can you get sick from living in a basement? Yes, you can get sick from living in a basement due to stagnant airflow and the buildup of moisture. The air quality in your typical basements is deficient, which can cause you to become anywhere from slightly to gravely ill.
How much value does a basement bathroom add?
Top home improvements that add the most value Home Improvement Project Average Resale Value % Increase Average $ Resale Increase 1. Add a pool 7.3% $22,000 2. Finish a Basement 6.6% $22,000 3. Add up to a 3rd Bedroom 6.2% $20,000 4. Add a Full Bathroom 5.7% $18,000.
Is 10k enough to finish a basement?
Remodeling a basement costs $5,000-$10,000 on average, so you can easily finish your basement for $10,000 or less. Typically, this cost includes: Adding walls.
What is the cheapest way to finish basement walls?
If you’re wondering if paneling or drywall is the cheaper finishing option, generally speaking, drywall is cheaper than paneling. This is because it requires less attention to detail and finish work during the installation process. Drywall also adds better soundproofing than paneling, and it’s easier to repair.
What can I use for basement walls instead of drywall?
Finishing Basement Walls Without Drywall: Options and Paint. Basement Panels. Wood Fiberboard. Fabric. Vinyl and Wallpaper. Stone Veneer. Pargeting. Exposed Brick.
Do you need a subfloor in a basement?
Subfloors are not always necessary but they are beneficial wherever they can be installed. They only come into play when you want to expand downward and make your basement a warm, livable space. If you don’t plan to use the space, there is no need for a subfloor or floor covering.
Is Carpet good for basement?
Carpeting is one of the best flooring materials to use in basements. Besides making cold basements feel warmer and more welcoming, carpeting actually can dry out quickly, even when flooded.
Can you put vinyl plank on concrete?
It is a resilient flooring material with high resistance to water and staining. Moreover, vinyl planks are affordable and have an option of “do it yourself” that comes with easy installation features. Vinyl plank installation on concrete makes the floor warm and comfortable.
How much does it cost to put a wall in a basement?
The national average materials cost to frame basement walls is $0.96 per square foot, with a range between $0.90 to $1.02. The total price for labor and materials per square foot is $3.67, coming in between $2.52 to $4.82. A typical 300 square foot project costs $1,100.19, with a range of $755.37 to $1,445.01.
How long should it take to finish a basement?
How Long Does Finishing a Basement Take? The standard time it takes to finish a basement is 4-8 weeks. Keep in mind that this can vary by the project size, so give yourself as much time as you need.
