Another choice is to apply a stucco surface. Stucco is inexpensive, comes in a few different earth tone colors, and makes a durable an attractive surface. Applying it requires some skill, however, so you may need to pay a masonry contractor to stucco your walls. Otherwise if you mix or apply it incorrectly the surface could crack and deteriorate over time.
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.
Your basement will likely need to be fitted with additional wires to support more lights and electronics. You will need to hire a licensed electrician if you plan to install additional overhead light fixtures, outlets and other components that require additional wiring. The cost of electrical installations depends on the exact project, but licensed electricians tend to charge between $50 and $100 per hour.
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.
This online basement remodeling cost calculator is here to give you a basic estimate for finishing your basement. Finishing your basement includes many different variables, so it’s a good idea to get a good idea of the cost as early as possible. Circumstances, materials, and the like can change over time, but a good “ballpark” estimate will give you a basic idea of where you’re starting from. We provide you with this calculator so you can get a better understanding of roughly what finishing your basement will cost.
A finished basement has the potential to add value to a home, especially when it comes time for resale. The average basement remodel project can have up to a 70% return on investment. Home buyers typically prefer a house with a finished basement and may even increase their offer if that living space recently has been updated or remodeled. The finished basement also adds value by creating more living space in the home without having to spend thousands on an addition.
Estimate the overall cost to install drywall in the basement at approximately $1.50 per square foot. The basic drywall panel measures 8-feet tall and 4-feet wide and is available in thicknesses that range from 1/4" to 5/8". This standard panel usually costs between $10 and $20. Price will vary depending on the brand, panel's thickness, and if it has any special features like mold resistance which may be beneficial for a basement space. Other material costs when adding drywall include the hardware to secure it to the framing, joint tape, and drywall mud.
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.