Asked by: Zhongping Arnaiz
home and garden home appliances

How much is a basic basement remodel?

Last Updated: 25th March, 2020

Basement Remodeling Costs
Accounting for variables such as square footage, materials, electrical and plumbing, the average basement remodel ranges from $11,043 and $29,272. Some cost as little as $5,000, with top of the line remodels costing over $40,000. The average cost to homeowners is $20,153.

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Also question is, how much does it cost to finish a 1000 sq ft basement?

How Much to Finish a Basement: DIY vs. Pro

Size DIY Cost Professional Cost
Small (< 700 square feet) $5,500 $15,000
Average (700-1,000 square feet) $8,000 $18,500
Large (1,000+ square feet) $15,000 $35,000

One may also ask, how much does it cost to finish a 1500 sq ft basement? 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.

Considering this, how much does it cost to redo a 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.

What is the cheapest way to refinish a basement?

How To Finish Your Basement On A Budget

  1. Start Small—But With Flair. When people use up their budget on redoing the entire basement, the result may look bland, says Leah Smith of Ohio-based contractor Buckeye Basements.
  2. Keep It Dry.
  3. Get Creative With Flooring.
  4. Don Your Painting Clothes.
  5. Change It Up.
  6. Clear The Air.
  7. Check The Codes.

Related Question Answers

Luigina Siemss

Professional

Can you finish your own basement?

The toughest part about finishing your basement is just getting started. As fun as it is to dream and cut out pictures of your ultimate basement, it's even more fun to build it yourself. If you finish your own basement you will never look at another basement or even another house for that matter the same way again.

Mahjoub Eiser

Professional

Should I get a permit to finish my basement?

When renovating a basement to add livable space, permits are required and architectural plans will need to be filed with the DOB. Refinishing the basement is one of those projects that people think they can do without a building permit, because the work isn't visible from the street. However, that is a mistake.

Gyorgy Porturas

Professional

What is the cost to drywall a basement?

The cost to install drywall is about $1.50 per square foot.
After material and labor are added in, the cost per panel can range from around $40.00 to $60.00. A typical 12x12 room, for example, will use 12 panels. This would put the cost at $480.00-$720.00.

Ilisca Rozas

Explainer

How long does it take to drywall a basement?

Drywall installation takes as little as one day and as long as four weeks, including the time it takes to prep and clean up debris. The amount of time depends on the size of the project, framing needs, and level of finish.

Nouredin Wyder

Explainer

Do you need a door to the basement?

However, if your basement has habitable, finished rooms, building codes require it to have egress windows, or other means of egress (patio door, etc.). If it's under a porch or deck, there must be at least 36 inches between the top of the window and the bottom of the structure joists.

Marta Roijakkers

Explainer

How much does it cost to dig and pour a basement?

The cost to dig a basement for new construction is $12,000 to $36,000. Basement excavation costs $10 to $20 per square foot and takes 2 to 4 weeks to dig-out and build. Digging a basement under an existing house averages $47 per square foot because the house must be raised first.

Amaury Annecke

Pundit

How much would it cost to put a bathroom in my basement?

What is the Average Cost to Add a Bathroom to a Basement? An install in your basement will run you $10,000-$15,000 on average. This includes materials and labor. If you're adding it in a basement under an existing one, you can simply pull down the plumbing to save time and expense.

Susano Paraja

Pundit

Do I need floating walls in my basement?

Floating walls are designed so that the basement floor or the concrete floor can move a little bit without moving the wall. First, you attach a plate to the bottom of the floor – a pressure treated one, as per the code. Then you build your wall frame as usual, but an inch or 2 inches shorter than it needs to be.

Serezade Larrazabal

Pundit

How can I make my basement livable?

Simple Ways to Make Your Basement More Livable
  1. Seal the Walls. Basements often feel damp and chilly and sometimes contain an unpleasant smell.
  2. Improve the Floor. The hard concrete floor in most basements makes the space uncomfortable, but you may not want to spend the money necessary to install nice carpeting.
  3. Brighten Things Up.
  4. Put in Furniture.

Christene Gruninger

Teacher

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.

Jordon Shulvass

Teacher

How do you pay for a basement remodel?

4 financing options for a basement remodel
  1. Personal loans. You can use a personal loan for just about anything, including a basement remodeling project.
  2. Contractor financing. Many contractors work with a finance company to offer interest-free loans to their customers.
  3. Home equity line of credit (HELOC)
  4. FHA 203k loan.

Hongjun Hoemanns

Teacher

Can you add a basement to a house?

Adding a basement to an existing house can cost $30,000-$70,000 or more, depending on the size of the existing crawlspace or half-basement or if the house is on a slab foundation, and how much of the work is do-it-yourself and how much is done by contractors. A basement alone does not guarantee safety during a tornado.

Shira Mcneil

Teacher

What can you do with an unfinished basement?

Here's how:
  1. Stop the Moisture. The biggest anti-cozy factor in most unfinished basements is moisture.
  2. Add Some Area Rugs. Now that your basement is moisture-free, you can cozy up that concrete floor.
  3. Throw Down Some Pillows. When in doubt, add throw pillows.
  4. Add Tasteful Lighting.
  5. Hide Unsightly Spots.
  6. Paint the Ceiling.

Ossie Stroeve

Reviewer

What is the best flooring for cement floor in basement?

Since flooring experts generally recommend against installing traditional strip or plank hardwoods below grade, the six best options for basement flooring over concrete are:
  • Wood.
  • Laminate.
  • Carpet.
  • Vinyl Tile.
  • Ceramic Tile.
  • Rubber Tile.

Hicham Hlgatyan

Reviewer

What makes a basement finished?

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. Below are some questions that can help determine the state of a basement.

Aysha Gorrichategui

Reviewer

Domicia Krautkremer

Supporter

How do you drywall a basement?

  1. prev. transfer outlet cutouts. press drywall in place against outlet box.
  2. use spacers so drywall does not touch concrete. Install Spacers. Use spacers so the drywall doesn't touch the concrete floor and possibly pick up any moisture that might be present in the concrete.
  3. prev. cover window and cut out after drywall is secure.

Silvestru Belotserkovets

Supporter

How much does it cost to finish a 1000 sq ft basement?

The cost of a basement is between 10 and 35 dollars per square feet. Let's say an average basement is 1,000 square feet of finished space. So the cost of a basement is between $10,000 and $35,000. 10k if you're doing most of the work yourself and up to $35,000 if you're hiring a contractor to finish your basement.

Xiaoya Wiebelskircher

Supporter

Can you live in an unfinished basement?

For numerous reasons, including for the collection of taxes, it is considered illegal to allow someone to receive RENT for allowing someone to stay in an unfinished basement apartment. You are generally required to obtain a permit from the local city/town to rent out the area.