Of that amount, $15,000 on the labor cost and the rest on material. all walls demolished, cracks in the wall fixed, then insulated and rebuilt, new windows, new electricity wiring, new floor tiling, new web bar, new stairs build from scratch replacing the old. Also, built two closets, one with shelves and the other for clothe-hanging, two utility rooms, one of them where the burner is fire proofed, all walls plastered and painted, wood stained etc. The contractor worked 10 hours a day and finished the entire project in five weeks! (I cooked lunch and provided cold drinks.) could have build a bathroom for $3000, but I decided to do that another time.
The average cost of basement remodeling varies based on the square footage of the basement space, if structural changes are needed, and if you are adding in elements such as electrical work for a kitchenette or plumbing for a half bath. Other factors in cost include whether you have design plans already and what work you want done on the finishes such as trim and flooring. Here’s a breakdown of the various cost factors.
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.
In addition to floors and walls, upgrading your basement ceiling is another option to consider. Finishing your basement creates a new room in your home and a part of any room is the ceiling. While it’s cheaper to leave the ceiling the way it is, many basements have exposed wiring and duct work that service the home above. In certain cases, leaving all this exposed may be the better option, but for others, upgrading the ceiling could be the right choice. Understand that any addition to the room will up the overall price, so be sure to make the right choice for the space and your wallet.
If the water is coming from an external source such as poor landscape drainage or basement walls that are not properly constructed, that can require extensive preliminary work. In that case you’ll likely need a contractor and a professional evaluation of the problem, plus someone qualified and trained to eliminate the problem. You should address this problem as soon as possible to prevent further damage like rotting wood or flooding, and then return to your basement refinishing project once that issue is cured.
"We love that the basement now has a cozy feel yet is very on-trend and modern. It has doubled our square footage with very usable space and given us an additional bedroom and full bathroom. We used a beautiful door from the 1800s to line the wall behind the urinal in the bathroom, and we burned the cabinets in the dry bar and the bathroom countertop with a blowtorch to achieve a unique look. We lightly etched the concrete floors and then used a urethane, making a mirror-like finish that reflects light."
Finishing the ceiling of a basement can be a tricky proposition. In most basements, important pipes, wires, and ducts already crisscross this area, often lowering the total ceiling height. If you were to install a drywall 5 or standard ceiling, you would be encapsulating these items, making them difficult to find and access in the event of an issue. Therefore, most basement ceilings are finished with some type of drop or suspended ceiling, sometimes known as an acoustical ceiling 9 or a grid ceiling.
Get 'labor only' bids and buy the materials yourself. This allows you to use a 10% off coupon at Home Depot or Lowe's (available on eBay). You can also use a 5% cash back credit card like Discover when buying materials. (BONUS: Our readers get $50 free when they get a Discover card - sign up here.) And be sure to join ebates first to save an additional 1%. These are all small percentages but when taken off potentially very expensive items they really add up.