Average costs to finish a basement could run between $2,000 to $11,200 if you install a 400-square-foot drop ceiling. This includes $1,200 to $9,200 in materials for a large area. Labor also increases with the square footage and lands in the $800 to $2,000 range.
How do you budget for a basement renovation?
On average, basement remodeling costs $30 to $75 per square foot, so the cost to remodel a 1,000-square-foot basement would range from $30,000 to $75,000, depending on the material and fixture costs.
Is it worth remodeling a basement?
Finishing Your Basement Adds Value to Your Home According to Zillow, homeowners can expect to see an average of 70 percent return on their investment with a basement finish/remodel.
How much value does a basement bathroom add?
Adding a basement bathroom can increase your home’s resale value by 10%-20%. It also can turn a wasted space into an enjoyable addition to your home. The average basement bathroom will cost $3,000-$25,000, depending on the existing plumbing and condition of your basement.
How much should I charge to frame a basement?
It costs an average of $1,200 to frame a basement, with a typical range of between $500 and $1,600. It can cost as little as $250 to frame a small basement and as much as $4,000 for a large one. There are three types of basements: masonry wall, poured concrete, and precast panel.
How much does it cost to remove and replace drywall?
Replacing drywall costs $2 to $3.50 per square foot, including $0.40 to $0.50 per square foot for demolition. For a 200-square-foot room, you can expect to pay $300 to $500 to remove and dispose of the old material. Removing wood paneling to replace it with drywall costs $2 to $4.50 per square foot.
What is the average cost to hang and finish drywall?
Drywall installation costs $1.50 to $3.50 per square foot, depending on the ceiling height, drywall type, and level of finish. Drywall costs $0.50 to $0.80 per square foot for materials. The labor cost to hang and finish drywall is $1.00 to $2.70 per square foot. The cost to drywall a 12×12 room is $580 to $1,800.
What is the cheapest way to finish a basement wall?
Paneling can be used as an inexpensive way to finish you basement walls or ceiling. Use a strong adhesive to put strips of wood on your concrete basement walls, and then use wood screws that match your paneling to attach the paneling to the wood strips.
What is the cheapest way to finish a basement floor?
Concrete. Concrete flooring can be the least expensive choice in a basement because it’s already there. You might be able to give it a good cleaning, maybe grind down some rough spots, and call it good.
What is the cheapest way to finish a basement ceiling?
A super easy DIY option for your basement ceiling is glue-on tiles. Typically made of polystyrene or fiberboard, these tiles come in a variety of colors, sizes, and styles, and are also paintable. You’ll need to install a foundation, like plywood, to glue them to. But after that, it’s as simple as glue and stick.
What is the best flooring for a basement?
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. Vinyl flooring is made of PVC making it durable and waterproof.
Do basement bathrooms count appraisal?
As a general rule of thumb, listing agents and appraisers don’t count a finished basement toward the overall square footage, especially if the basement is completely below grade—a term that means below ground level.
What to Know Before finishing a basement?
- Check the Foundation. Before starting any construction in your basement, assess the state of the foundation.
- Identify Code Violations.
- Eliminate Water Issues.
- Insulate Properly.
- Assess the Ceiling.
- Work Around the Essentials in Your Design.
Should I put a bathroom in my finished basement?
A bathroom in your finished basement is the ultimate convenience. Adding a bathroom to your basement, or remodeling an existing bathroom, can also increase your home’s value. If you go with a full bathroom complete with a shower or tub, you’ll make the space fully livable.
Should you insulate basement walls?
Walls. Basement walls should be insulated with non-water sensitive insulation that prevents interior air from contacting cold basement surfaces—the concrete structural elements and the rim joist framing.
What adds the most value to a house?
- 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.
How much does it cost to drywall a basement ceiling?
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 finished basement add to home value?
In the United States, on average, finishing a basement will give you a return of 70 to 75% of your investment. For example, if you spent $1,000 on improvements, it would increase the value of the property by about $700. If you spent $10,000 on improvements, it would increase the value of the property by about $7,000.
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.
What is the best ceiling for a basement?
Suspended ceilings are one of the most popular basement ceilings. Consisting of a simple grid and lightweight tiles or panels, a suspended ceiling covers exposed beams, ductwork, and electrical wiring, while allowing easy access for repairs or leaks.
Should you drywall your basement ceiling?
The Drywall or Sheetrock Ceiling for Basements A big advantage of having a drywall/sheetrock ceiling in a basement is that loss of headroom will be minimal. Drywall uses less space so it is a good choice when you have low ceilings and need to take advantage of all the headroom possible. Drywall will not sag.
Is drywall good for basement?
What Thickness Of Drywall Should I Use For The Basement? Drywall thickness for basement walls should be ½ inch thick. You can use standard drywall if you have a dry basement, but mold and moisture-resistant options are better investments if your basement collects moisture.
How much does a ceiling cost to replace?
Average Cost to Install a Ceiling Installing or replacing a ceiling typically costs $926 and $2,617, or $1,768 on average, depending on what style you want, such as tray, beam and stretch ceilings. It costs $1 to $3 per square foot for basic drywall builds, while coffered ceilings are $20 to $30 per square foot.
How much does it cost to drywall a 1200 sq ft house?
For this reason, drywall installation has a range of associated costs. The national average cost to install drywall is between $1,600 and $3,500, with most homeowners spending around $2,000 on 1,000 sq. ft. of standard ½” drywall, hung and finished in a remodel.
What is Level 5 finish drywall?
Level 5 drywall has a high-quality skim coat over it. This thin coat covers the nails, tape, compound, and wall materials from the naked eye, creating a pleasing, completed look.