Table of Contents
What is the cheapest way to finish a basement?
You can save on the cost to finish a basement by doing things not bound by codes: installing trim or doors, painting walls and woodwork, and installing flooring, says Buckeye Basements’ Jon Smith. Beyond that, count on using some pros.
Is it worth the money to finish 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.
What is the most expensive part of finishing a basement?
Framing an unfinished basement can be very expensive due to both the labor and lumber costs. Surprising to many, the cost of lumber can actually end up being the most expensive part of the project. One way to offset those costs is by using metal studs.
Do I need a permit to finish my basement?
In most instances, you will need a permit to finish a basement. Many municipalities require permits for finishing a basement if you install a new wall. The definition of a wall includes installing drywall over a previously existing framed wall. Any type of plumbing, electrical, or HVAC work will also require a permit.
How much does it cost to frame and drywall a basement?
Framing: You should expect to spend about $1 per square foot to frame your basement. Drywall: It costs around $1.50 per square foot to hang drywall in your basement. Ceiling: Basic ceiling installation can cost as little as $1-2 per square foot. But, if the project is complex, it can cost around $6 per square foot.
How much does it cost to finish a 1000 sq ft basement?
Expect to pay $7,000 to $23,000, or $15,000 on average, to finish a 1,000 square foot basement.
How do you make a unfinished basement livable?
16 Finishing Touches for Your Unfinished Basement Better Your Basement. 1/18. Lay Down Foam Mats. 2/18. String Some Lighting. 3/18. Throw Down Area Rugs. 4/18. Install Storage. 5/18. Paint Your Cinder Block. 6/18. Hang Curtains. 7/18. Create an Art Studio. 8/18.
Does a finished basement add square footage?
As a general rule of thumb, a finished basement typically doesn’t count toward the overall square footage, especially if the basement is completely below grade—a term that means under ground level.
Can a basement be added to a house?
Can you add a basement to an existing house? You can add a basement to an existing house for $20,000 to $150,000. A typical scenario you’ll run into is a home with a partial basement and a small crawlspace. You can expect to spend around $50,000 for partial installs.
How much does it cost to partially finish a basement?
The cost to finish a basement and turn it into a livable space ranges from $6,500 to $18,500 on average, according to analysis by Home Advisor. Basement remodeling projects — to improve or replace existing features — tend to cost between $10,000 and $30,000.
How can I save money to remodel my basement?
7 ways to save on your basement remodel Opt for an inexpensive, prefabricated egress window and well. Test exterior walls for moisture before finishing. Cut out some studs. Install drop ceilings. Skip the carpet and install luxury vinyl tile instead. Add a bathroom (or at least a half bath) near existing plumbing.
How much value does an unfinished basement add to a house?
The appraised value of finished basement space is generally 50% to 60% of the value of the main level square footage. To maximize the cost/value ratio, the market experts recommend keeping the basement budget below 10% of the existing home’s value. Staying between 5-10% is a good plan.
Why do people finish their basement?
A Finished Basement Boosts Comfort Since a finished basement regulates temperatures, you are also much less likely to find mold, pests, and excess moisture in this area of your home. The air quality is also much better in a finished basement than an unfinished one.
How long does it take to frame a 1000 sq ft basement?
An average of 1000 square feet basement takes around four weeks to finish. To get a better sense of your basement remodeling length, we will put down each step of the remodeling project, along with the time frame for each phase of the project. 1. Framing the wall of the basement takes around 2 to 3 days to finish.
How much does it cost to finish a 2000 sq ft basement?
The average cost to finish a basement is generally between $25 and $50 per square foot, but costs can go as high as $90 per square foot depending on how extensive the renovations are and the materials and labor you choose. For most basements, the average cost works out to around $30,000.
How do you finish a basement without drywall?
The alternatives besides drywall or studs that can be used to finish your basement wall are wood planks, plastic panels, veneer plaster, wahoo walls, plywood, and pegboards. These options are easy to set up and maintain compared to drywall or studs that have problems with moisture and dust.
Is sleeping in the basement bad for you?
“Basements are often damp, and moisture and mold go hand-in-hand,” says Robert Weitz, a certified microbial investigator and founder of RTK Environmental. “Mold and poor indoor air quality have been known to trigger allergies that cause coughs and headaches, as well as irritations to the nose, skin, and eyes.
Is it bad to sleep in an unfinished basement?
Sleeping in an unfinished basement can harm your health and lead to respiratory problems and cancer due to the lack of natural light and air, and exposure to harmful things like radon gas, molds, dust, and chemicals. Therefore, it’s advised that you do not sleep in an unfinished basement as a rule.
How can I make my basement not look like a basement?
24 Easy Ways to Brighten Up a Dark Basement White Walls. 1/24. White Walls. Glass Doors. 2/24. Glass Doors. Light Wood Flooring. 3/24. Light Wood Flooring. Trim Your Greenery. 4/24. Trim Your Greenery. Add Plants. 5/24. Add Plants. Use Different Light Sources. 6/24. Mirrors. 7/24. Chandeliers or Fancy Light Fixtures. 8/24.
