Breaking down the cost to finish a basement Flooring and wall coverings like paneling are the biggest expenses, making up approximately 15% of the total cost to finish a 1,200 square-foot basement, Sebring says.
Is remodeling a basement worth it?
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.
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.
What is the hardest part of finishing a basement?
What’s the biggest challenge in finishing a basement? “Typically, the biggest challenge is working around obstructions. There are heating ducts, plumbing drains, water pipes, gas lines and electrical wires that are all off and hung below the floor joist.
Does adding a bathroom in the basement add value?
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.
Should you put insulation in 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.
How can I cover my basement ceiling cheaply?
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.
How long does it take to finish a 500 sq ft basement?
One of the most significant factors extending the basement remodeling length is the size of the basement. If your basement is less than 500 square meters in size, the finishing time maybe just 2-3 weeks, compared to a 1000 square feet basement that may take double the time to finish.
What is the cheapest way to finish an unfinished basement?
If you’re wondering if paneling or drywall is the cheaper finishing option, generally speaking, drywall is cheaper than paneling. This is because it requires less attention to detail and finish work during the installation process. Drywall also adds better soundproofing than paneling, and it’s easier to repair.
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 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.
How much does it cost to put a ceiling in a basement?
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 much does it cost to put walls up 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.
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 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.
Why do so many houses have unfinished basements?
Some just want the room to act as extra storage or utility room that won’t need as much attention as other rooms. It could also be that a homeowner wants to leave a basement incomplete to pave way for its customization. Such a basement will remain incomplete until the owner is ready to start the redesign process.
How do I start a basement renovation?
- 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.
- Step 8: Frame and Put Together Any Additional Walls.
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.
What increases home value the most?
- Clean and declutter.
- Add usable square footage.
- Make your home more energy-efficient.
- Spruce it up with fresh paint.
- Work on your curb appeal.
- Upgrade your exterior doors.
- Give your kitchen an updated look.
- Stage your home.
How do you put a toilet in a basement without breaking concrete?
You can tie a bathroom tub or shower into an upflush toilet system, which eliminates the need to break into the concrete floor. The system sends the wastewater from the shower drain and toilet to a holding tank before being pumped to the main sewer line.
Do I need to insulate my basement ceiling?
Yes. Faced insulation is actually recommended on basement ceilings and ceilings in general. The covering or “face” of the insulation prevents it from falling out and trickling down into the basement air. This is especially advantageous if the insulation is made of fiberglass, which can harmful if it’s ingested.
Should you put a vapor barrier on basement walls?
Steve Bliss, of BuildingAdvisor.com, writes: The short answer is: Don’t use a vapor barrier in a finished basement. This is asking for trouble, especially with a full bathroom, which generates a lot of humid air. Rigid foam board on the interior, like you have, is the ideal insulation.
What kind of insulation is best for basement walls?
Rigid foam sheets are best for DIYers who are insulating basements prior to framing the walls. Rigid foam also works well when the concrete or block walls are smooth and flat. Rigid foam insulation is easy to use.
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 I drywall my basement ceiling?
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.