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.
A finished basement is not always the same thing as a designed basement. Sometimes, the basement begins with the basics: walls, a ceiling, lights, and a floor. Gwen Hefner and husband Micah wanted to turn their tiny, airless basement space into a comfortable mancave. They had the basics to start with. The next step, Gwen says, would be a true test to her design skills.
Consider what you can do yourself. Finishing your basement is a full process and is not easy. But if you’re looking to save money and are quite handy, consider waterproofing the basement yourself. Basement waterproofing with SANI-TRED® uses a proven application process that is perfect for the do-it-yourself community. You can (and should) hire contractors for specialized tasks like plumbing or electrical, but many can do the waterproofing yourself for less.
Search the pro’s contractor’s license to verify they are in good standing with the state board. As an example, in California, search the California State Contractors Board to learn if the license is up to date, if they have any legal action against them and if the contractor is in good standing. Some states only require contractors licenses for residential projects based on price, so research your region to be safe. For more information on smart hiring, check out our safety tips.
Installing a bathroom in a basement costs more than installing a bathroom above ground. Costs can range from $2,500 to $5,000 on average, depending on the number of fixtures and whether the plumbing must be installed from scratch or if it’s roughed in already. Basement plumbing requires special considerations to ensure proper drainage and tie-in with the main sewer line, which may not be deep enough to allow the basement bathroom plumbing to use gravity the way above-ground plumbing does. Virgil Miranda’s Construction subcontracts all plumbing work. Miranda says that sometimes the toilet alone in a basement can cost up to $2,500 because sometimes homeowners need to invest in a toilet that does not use gravity but instead a macerating function to grind waste down to prevent clogging. Miranda estimates that each bathroom fixture in a basement costs $800–$900 on average, so a full, three-piece bath could cost $3,000 for the fixtures alone. Adding a kitchenette or wet bar sink adds more to overall refinishing costs. In addition, some basements require a French drain with one or more sump pumps, which can cost up to $10,000 on average, depending on how much ground the drain covers.
For homeowners who are seeking fully remodel a basement, then they will be aiming to spend anywhere from $30,000 to $65,000. The varied range depends on the extent of the renovations that are made to the space. The addition of bedrooms, bathrooms, exterior insulation, electrical wiring, plumbing, flooring, furniture, light fixtures and the help of a contractor will all cause an increase in the price. Of course, the cost to remodel a basement will also depend on the square footage of the space.
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 owners of this home wanted extra living space in their home, but their basement was too cold and drab to use for anything but storage. With our innovative finishing products specifically designed for basements, we were able to create a comfortable, beautiful space for the family to enjoy! The MillCreek flooring has an authentic wood grain top surface, printed on a solid vinyl base that can’t be damaged by mold, moisture, or insects, and the EverLast basement wall panels are engineered to never get moldy or rot. With the risk of humidity and moisture that's so common in basements, these products are the ideal basement finishing materials!
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.
If you want to increase the amount of living space in your home, remodeling your basement makes a lot more sense than adding on a new addition. A finished basement has an ROI of around 70%, making it one of the better investments you can make in your home. A typical basement remodel costs around $90 a square foot, assuming moderate decor and finishes. With the average project size of 600 square feet, this puts the cost of the average basement remodel around $55,000.
The basement depicted here had unused space underneath the stairs. Why not transform this area into a storage or display area instead? These homeowners found some usable square footage in their home by remodeling their basement into a space-conscious hangout, an inventive and creative strategy that shows you don’t have to substitute style for function.