"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."

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.
But one of the best ways to cover a basement floor is with moisture and scratch-resistant floating vinyl planks that are made to look like real wood. Without a closer examination, in fact, most of these products are so realistic that they appear to be real hardwood flooring. You can expect to pay around $5 per square foot, and installation is a DIY project for most people. The flooring will last a long time and is easy to maintain while also being comfortable underfoot and exceptionally handsome. Save a ton on engineered flooring by buying online at someplace like BuildDirect. They'll even send you free samples.
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.
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.
How fast the job needs to be completed has a significant impact on the final price. A professional team can take a basement from framing to complete in about 45 days. A DIYer typically needs more time. If things need to be inspected, inspectors work on their own schedule, and if concrete needs to be poured, time must be allotted for it to properly set.

All but the most skilled and motivated homeowners should leave basement finishing to the experts. “You run the risk of not understanding the building codes and having to tear it out and redo it,” Sebring says. Hiring subcontractors and managing the job on your own, rather than hiring a general contractor, could save some cash, but be prepared to treat it like a full-time job, he says.
Finishing a basement is a great way to add extra room to your home. Before beginning your basement remodel it is important to come up with a good design. A good basement design will allow you to make the most out of your basement renovations. With the right basement plans you can add entertainment rooms, guest bedrooms, and/or a large living area to your basement. Whether you want to finish a basement to add make your house look cleaner, or to add extra rooms to your home, it is very important to draw up basement remodeling plans. You want to make the most out of your house plans with basements and interior remodeling designs, so make sure to research and plan to find the best blueprint layhouts that will work for you and your family.
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.
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