The basement you have and how you intend to use the space is unique to your personal preferences. Therefore, let us warn you about the cost per square foot estimate.
Can anyone provide you with a precise square foot cost to renovate your basement? Do you want to add living space, or perhaps a home theater, a man’s room or kitchen, a two or three-piece bathroom, or even go to the extremes with another suite to generate money? What are the best finishes and fit and floor design and style and build-ins, and you get the idea the list is endless.
In the end, unless you have a precise design and drawing of your basement’s current layout, the number you get is a guess at the very least. It assumes any issues regarding dampness, ceiling height, or the possibility of egress.
The best method to cost your basement would be to hire a licensed professional to visit your home to discuss your requirements and budget. Then, they will inspect the area in person.
However, if you allow contractors into your home to correctly price a project, they’ll be looking to make a sale. It is essential to consider who you allow into your home and the number of people you invite to provide an estimate for a project.
What is it cost to complete the basement?
HomeAdvisor rates the cost to remodel a basement of an area of 2,000 square feet at USD 15,000. Naturally, this cost is slightly high, but prices can be higher in urban areas, where housing is more expensive and skilled tradespeople are not in abundance. Though it may seem insignificant, adding walls and flooring to an unfinished basement leads to an enormous increase in living space. Furthermore, you can protect your home from water damage when constructing and sealing your basement.
Spruce says that the costs required for creating a relaxing basement space vary from the primary (USD$6,000) up to high-end (USD$150,000 and more). Fixr ties the price of building a 600 square-foot basement with a bathroom between USD 25,000 to $55,000. It’s about USD 90 for each square foot, which is at the high part of the spectrum.
We’ve constructed basements from the mid to high 20s to more than $200,000. According to the beginning of the article, the layout of your basement should serve your needs, wants, and budget.
Despite the cost, moving the basement away from studs and dirt to an open-plan living space is among the best investments in home renovation, as per Fixr and The Spruce.
We recommend creating an open space with no fancy features and taking the DIY method as a great option to save money on the cost of this project.
If DIY isn’t your forte or you’re just not in the time, think about having a thorough estimate and sketch from us, or part-way through your basement by an expert before completing the rest according to your time and budget.
For the best basement r renovation, talk at Ottawa Home Pros. Give us a call at (613) 288-9145 or email us at info@ottawahomepros.com for more remodeling Projects.
