Table of Contents
How to Renovate Your Basement: The Ultimate Guide Step 1: Decide How You Want to Use the Space. Step 2: Set a Budget. Step 3: Clean Out Your Space. Step 4: Conduct a Moisture Test. Step 5: Research Local Codes and Requirements. Step 6: Insulate Your Basement. Step 7: Take Care of Electrical and Plumbing.
How much does it cost to renovate 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. Add around $6,500 if you want to hire an interior designer and another $2,650 for furniture.
What is the cheapest way to remodel a basement?
Here are nine project ideas that will make your basement livable on a budget: Focus on the ceiling, floor and walls. Improve part of the basement. Paint the ceiling and walls. Make room for storage. Light up the space. Create a space for crafts and activities. Add easy-to-install flooring. Paint or stain the floor.
What order do you renovate a basement?
Step 1 Decide How You Want to Use Your Basement. Step 2 Draft a Detailed Basement Floor Plan. Step 3 Look for Signs of Moisture in Your Basement. Step 4 Do a Basement Inspection. Step 5 Consider Your Electrical and Plumbing Needs. Step 6 Choose Your Basement Insulation. Step 7 Frame Walls & Choose Your Basement Drywall.
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 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.
Does finished basement add value?
“When done well, a finished basement will add significant value to your property. On average, a finished basement will give you a 75% return on your investment. In areas where extra living space is in great demand, this will be even higher,” says Katie DeWeese, an interior design, remodel and redesign specialist.
What is required to finish a basement?
A basement is finished when the entire level is complete and similar to the upstairs living areas. It generally includes an electrical system, heat, finished floors, an accessible entrance/stairway, level ceilings, and finished walls.
How much do wahoo walls cost?
Wahoo Walls’ pricing is transparent. For example, its Smooth Tape Edge Perimeter Wall Panel (4′ x 8′ x 4″) is listed as $159, as of July 2016, and they give you lots of DIY design suggestions. The downside with any big remodeling materials ordered online: freight costs.
How much does it cost to put up walls 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.
Should I Drylock basement walls before finishing?
Before using Drylok, it is vitally important that you prep your walls by removing any failing paint. If you have unpainted cinderblock, you should be good to go. Our walls were covered in multiple layers of old paint, which was chipping and peeling off in most places.
How much does a basement remodel cost?
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 much will it cost to finish my basement?
Cost to Finish a Basement Per Square Foot The average cost to finish a basement is $32 to $47 per square foot or about $39 per square foot on average. A small, open-plan, 500-square-foot basement will cost about $20,000 while a 1,500-square-foot basement with three rooms and a bathroom costs around $57,000 to finish.
Can you finish a basement in an old house?
Some basements are natural candidates for finishing. Others will require structural work before walls and plumbing can be installed. If the structure is old or poorly built, there may be issues with the foundation, ceiling height, electrical, plumbing, or other fundamental features.
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.
Do basements need windows?
In most cases, the answer is yes. A finished basement project must incorporate an Egress window if any portion of the space will be used as a bedroom, or if you are creating another habitable space (a family room, for example) that does not already have an Egress window or a door.
Do appraisers look in basements?
If you have a functional attic, basement or garage – your appraiser will factor those assets into your overall home value. In most cases, the square footage of these areas won’t count towards your total home’s square footage.
