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.
House plans with basements are desirable when you need extra storage or when your dream home includes a "man cave" or getaway space, and they are often designed with sloping sites in mind. One design option is a plan with a so-called day-lit basement -- that is a lower level that's dug into the hill but with one side open to light and view. This lower level can open to a covered outdoor space below an upstairs deck or porch. As a result, these types of designs are sometimes called house plans with walkout basements or walkout basement house plans. To see more basement plans try our advanced floor plan search.
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.