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.
Elegantly designed finished basement which features an arched entry leading to the home bar is an inspiration for a timeless European style design. Light tone cabinetry provides more additional storage space. Granite countertop blends well with the whole color scheme. Neutral colored patterned ceramic tile flooring works well with the whole design scheme.
This fun and sophisticated football and baseball inspired sports room basement, features leather seats and sleek modern furniture is a perfect place for family members and friends to gather and watch Sunday night football. The display shelves of sports memorabilia draw attention to a collection of all those valuable and unique sports souvenirs. This basement combined with a home workout gym is designed to keep you fit while having fun.
Basement walls are the perfect opportunity for you to get creative! Mixed wood walls are a budget-friendly option that will give your space a cabin-like feel. And charcoal stones, brick, or tile are great basement wall ideas if you want to experiment with texture. But if you’re not ready to make any drastic changes, a neutral paint color and colorful crown molding will do the trick!
A traditional living room basement with a cool shade of lime color is perfect balance for the neutral shades of brown for the carpet, kitchen cabinetry, exposed beams, window treatment, door and other wooden furniture. The kitchenette is without an island. But has a corner home bar to give way to the large black leather sectional sofa which is perfect for movie night fun.
Adding or enlarging basement windows and adding exterior doors are jobs for a professional, but the resulting natural light and ventilation will significantly increase your enjoyment of this living space. To add below-ground windows you'll need to dig a window well. The retaining wall for the well may be made of masonry, limestone blocks, or treated landscape timbers, as in this window well. The terraced timbers serve as pot garden perches as well as steps for an emergency exit.
Take a basement spare bedroom one step further by turning your downstairs into an apartment suite. Go with a kitchenette with updated appliances and an island, a small space to put a couch for lounging, a half wall to create the boundaries of a bedroom, and a bathroom. You can rent the space out to earn some extra money, or let your college kids stay there in between living arrangements and jobs.
According to real estate agents and appraisers, a bedroom must have a door, window and closet. Adding a closet to your basement bedroom is crucial to adding value to your basement addition. There are a few components that will affect the cost, the size of the closet being the biggest. The average cost to install a closet is $1,779, with most homeowners spending between $1,272 and $1,917. More than likely, your closet cost will be lower seeing that the size of the closet won’t be nearly as large as your master bedroom or other main bedrooms.
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Another important part of finishing your basement is choosing the right walls. Basements have concrete walls and floors, but once they’re waterproofed, you can design the entire space with new walls and floors to completely transform the space. As with flooring, choosing the right basement walls can also affect the final price of your basement transformation. False walls are common and can be customized to meet your needs while keeping the original concrete walls is an option for others. Keeping your concrete walls is a cheaper option, but false walls provide more customization. In the end, it all comes down to what you’re looking for.
Basement bathrooms, laundries, and kitchens, common features in many conversions, are straightforward with regard to hot and cold water supply lines, though not always for drainage. If necessary, there are several methods for draining sewage waste and wastewater—especially from toilets—upwards to existing drain lines. The least expensive is a macerating bathroom pump, like those by Saniflo. It turns on automatically to pump toilet waste and grey water from sink, shower, tub or laundry to your sewer line. These units are compact and quiet, typically fitting either directly behind the toilet or behind the wall.
Wall finishing systems are rapidly gaining in popularity. These systems feature fiberglass panels and pieces of trim that fit into PVC framing. Panels covered in fabric offer an attractive finished appearance to the basement without the work of drywall taping and painting. Advantages include durability, moisture- and fire-resistance and the ability to remove panels for access to water pipes and electrical wiring.
Basement remodeling adds value to your home, increases your useable living space, can protect your foundation from moisture damage, and looks great. Many people remodel a basement to create space for an aging parent or to make room for more children. Another reason for basement remodeling is to create a rentable space that is separate from the rest of your home for a long-term renter or for short-term renting.