The cost of a small basement remodel—changing flooring and moving one wall—can cost a few thousand, whereas a major remodel of adding another bathroom and bedroom or an entire downstairs apartment can cost tens of thousands. You might have to move walls and plumbing, pull up flooring, tear down ceilings; and upgrade the sump pump, HVAC, and electrical amperage.
There are several types of basement remodeling depending on the outcomes you want. Whether you have nothing but damp concrete walls and floors or you have a finished basement with painted walls, a pool table and a wet bar will determine the scope of work for your basement remodel and the cost. Here are some common basement remodeling projects that homeowners take on and their related costs.
Failure to obtain proper permits can result removing (demo-ing) any current finishing work or remodeling already installed. You could also face fines. A "stop work order" may be issued, which usually causes double the fees when you do, eventually, apply for the permit(s). If you have to file an insurance claim and can't produce any permits, the insurance company may deny the claim. Finishing a basement without permits also can affect the home's resale value.
When it comes to decorating ideas, the industrial look is in, which lends itself well to dressing up the subterranean infrastructure of a an unfinished basement. So, consider those exposed beams, pipes and wires an asset and play them up. If you need a few more sockets to make the space functional, don’t be afraid to run electrical conduit right on top of a brick wall or over wood joists. Then, focus on warming the space up and injecting personality into it by adding items like rugs, fabrics and curtains. These will also help to divide the space in the absence of actual walls. Employ a few of these creative ideas—all of them low cost and low effort—to transform your unfinished basement into a comfortable retreat everyone will be drawn to.
Simply finishing the floors, walls, and ceilings of the basement can help increase the value of your home. But putting extra thought into what you want to use the space for now, will save you on fees later. For example, if you intend to use this as a children’s playroom, then building shelves into the walls, adding egress windows, and putting down carpeting can all be done at the time of the remodel, rather than added later.
Running out of space in your home? Look down under. These homeowners found fresh square footage in their home by remodeling their basement into a budget-friendly, space-savvy hangout. An orange, green, and blue color scheme adds a bright look to the basement, while the combination of custom storage solutions with big-box finds creates a space that serves many needs.
Drywall must be applied to any framed basement walls you have and must be applied to any additional walls used to create your basement bedroom. A standard 8’ by 4’ panel will cost between $10 and $20, depending on the thickness. The cost to install these panels varies, but most homeowners report spending around $1.50/sf. The total cost of your project will range between $1,152 and $1,982, with an average cost of $1,915 to install a wall.
A basement in Vincentown, NJ needed new flooring and carpeting. Quality 1st Basement Systems installed ThermalDry basement floor panels in the carpet color charcoal. As a leading basement finishing contractor, we have the best products that can handle the harsh environments of basements. Now, this basement looks amazing and has comfortable flooring!
Material Costs - In addition to the cost of framing and installing drywall to a basement bathroom, material costs can include: ceiling, flooring, paint, trim, toilet, sink, vanity, all fixtures, tub/shower surround, lighting, and all finishes like towel racks. Plumbing and electrical supplies also factor in to the final budget. Many material costs depend on type of product selected, the brand, and how high-end it is. Heated ceramic floor tiles cost more than basic vinyl tiles.
It was the start of a year-and-a-half basement finishing project, but it was well worth all of the effort. Jamin and Ashley of the home design blog The Handmade Home began by installing drywall over the cinderblock walls, applying spray foam insulation, and enclosing the necessary but ugly supporting adjustable steel posts. Next came paint, flooring, and furniture, all fusing together to make a lovely daylight basement for work and play.
According to real estate agents and appraisers, a bedroom must have a door, window and closet. Adding a closet to your basement bedroom is crucial to adding value to your basement addition. There are a few components that will affect the cost, the size of the closet being the biggest. The average cost to install a closet is $1,779, with most homeowners spending between $1,272 and $1,917. More than likely, your closet cost will be lower seeing that the size of the closet won’t be nearly as large as your master bedroom or other main bedrooms.
"It's always easy to save money if you are willing to put in some sweat equity. Tackling the mold and termite damage was so disheartening and disgusting, but we survived, and the room is now safe, livable, and functional for our family. It's a great family recreation room. We keep our toys and games down here, and there is plenty of storage, so everything has a place. Despite not having a ton of natural light, this place still feels cozy and inviting to us."
Planning is the first stage with any basement bathroom installation. For a basement that's designed as a recreation room, work space, or kids' play area, a half-bath (stool and sink, but no shower or tub) is adequate. A basement with bedroom or en suite needs a full bathroom. Knowing how you plan to use the basement living space typically dictates the functional purpose of its bathroom.