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 would it cost to redo an entire basement?
The cost to finish a basement ranges from $2,800 to as much as $34,500 for a 400- to 1,500-square-foot basement. The average basement project costs around $18,400.
How much does it cost to renovate a 1000 sq ft basement?
COMPLETING THE WORK YOURSELF SIZE OF BASEMENT DIY COST PROFESSIONAL COST Small (< 700 square feet) $9,500 $15,000 Average (700-1,000 square feet) $12,000 $18,500 Large (1,000+ square feet) $22,500 $35,000.
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.
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.
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.
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.
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.
In what order should I finish my basement?
From insulation and framing to selecting your paint and finishing touches, follow these steps to finish your basement walls. Step 1: Install Insulation. Step 2: Frame the Walls. Step 3: Install Utilities. Step 4: Mount Drywall. Step 5: Paint.
How can I cover my basement walls cheaply?
Fortunately, you can cover basement foundation walls quickly and inexpensively. Attach wood furring strips, Z-shape channels, or 2×4 studs to flat, dry masonry walls, then add insulation and cover the strips or studs with drywall.
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 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 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.
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.
Does basement count as square footage?
Does A Finished Basement Count Toward Total Square Footage? Even if a basement is finished, its area should not be added as part of a house’s total square footage. Any part of a home that falls even partially below ground level should not be included in the total square footage.
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.
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.
How much does it cost to put a bathroom in a basement?
Adding a bathroom in a basement costs $8,000 to $15,000 on average. You’ll save $500 to $1,000 if you have a rough-in drain already in place – typical in newer homes and usually near the main drain line.
How do you make an old basement look good?
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.
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.
Should you put a vapor barrier on basement walls?
It provides the best coverage and R-value and and functions as a moisture barrier in and of itself. But if you use fiberglass insulation batts, then a moisture barrier will prevent water and moisture from entering your walls and creating mold and mildew.
