Support beams are common and necessary in most basements. Connecticut Basement Systems provides a bright, attractive, detailed column wrap to transform these unattractive poles into a sophisticated design choice-- SmartPost Column Wrap. Crown molding along the top and bottom makes these especially beautiful. They are made of durable, long-lasting materials, and have the ability to transform your basement into an attractive living space!
Hardwood, laminate and tile flooring significantly increase the cost to finish a basement. Sebring, who calls carpet “the king of basement flooring,” says many people are scared about the consequences if a carpeted basement floods. But even top-of-the-line vinyl and tile has to be pulled up if there’s serious water damage, he says, and you can replace carpet multiple times for the same cost of installing hard flooring once.
Bedrooms – A common strategy is to set up a couple of extra bedrooms in the basement for guests. This is especially beneficial for families that love to entertain on a regular basis. You can easily have guests stay over without disrupting the family space above. Basement bedrooms can also come in handy if you have older kids that cannot share bedrooms any more. Plus, you could also add a small kitchenette and bathroom for convenience.
About this calculator: This tool will give you a ballpark estimate of the cost to finish your basement. There are a LOT of variables associated with determining an exact value. This calculator does as good a job as can be expected given a single input variable: square footage. Obviously your cost will be determined on your exact choice of design, number of rooms, type of rooms, number of bathrooms, quality level of materials, who does the work, who manages the work, etc, etc.
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When it comes to basement renovation, the national average price for a finished basement ranges between $5,000-$70,000. That said, unless you're adding in an elaborate home theater or building in separate rooms with high-end finishes, most Thumbtack customers report paying, on average, between $5,100-$7,150 for their remodeled basement. A finished basement provides you additional living space, increases your home’s value, and offers great return on investment when it comes to home improvement projects.
A remodeled basement gives you additional living space without changing the footprint 1 of your home. Basements can be remodeled to become in home theaters, children’s playrooms, entertainment areas, and family game rooms. Because the steps to finish the basement are similar for most of these purposes, you can gain a lot of additional space and use from your home simply by finishing this area.
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.
Sourcing supplies, clearing debris, and doing prep work can all help you save on basement costs. Consider what skills you have and talk with your contractor about what will shave money in each area. You may have the tools and strength to demo walls, which can save you several hundred dollars. Sourcing the materials for the pro takes this task off their labor time and saves you money. Doing prep work and finish work is also a way to cut down on total cost. Painting the walls yourself at the end of the project could save you hundreds of dollars. Negotiate all these aspects before signing your contract.