How much does it cost to renovate a 1000 sq ft basement?

How much does it cost to renovate a 1000 sq ft basement?

How much does it cost to finish a 1,000 square foot basement? Expect to pay $7,000 to $23,000, or $15,000 on average, to finish a 1,000 square foot basement. Add around $6,500 if you want to hire an interior designer and another $2,650 for furniture.

How much does it cost to renovate a 1200 sq ft basement?

A 1,200 square foot basement remodel costs $30,230 on average, or $25 per square foot for materials and installation with most homeowners spending between $19,100 and $36,000.

Is basement refinishing worth it?

While finishing the basement certainly adds to the value of a home, it’s not always as significant as you might think. According to Remodeling Magazine, the national average for recouping basement finish or remodeling cost is 79%. Resale Value done by Remodeler Magazine.

How can I save money to remodel my basement?

7 ways to save on your basement remodel

  1. Opt for an inexpensive, prefabricated egress window and well.
  2. Test exterior walls for moisture before finishing.
  3. Cut out some studs.
  4. Install drop ceilings.
  5. Skip the carpet and install luxury vinyl tile instead.
  6. Add a bathroom (or at least a half bath) near existing plumbing.

How much would it cost to put a bathroom in my basement?

The overall cost for adding a bathroom in a basement will range somewhere between $3,000 and $25,000. The variance in this cost comes from whether you build in an existing space, or whether the bathroom is an extension to your existing basement.

Do appraisers look in basements?

One of the main factors appraisers consider is the size of the home. They take into account the total square footage, the size of each room, and the number of bedrooms and bathrooms. They’ll also look to see if your home has a crawlspace, attic, or basement, which all add value.

How do people afford to finish a basement?

5 ways to finance a basement remodel

  1. Home equity line of credit (HELOC)
  2. Home equity loan.
  3. FHA 203k loan.
  4. Personal loan.
  5. Contractor financing.

How much should you spend on a basement remodel?

The cost to finish a basement ranges from $2,800 to as much as $34,500 for a 400- to 1,500-square-foot basement. The average basement project costs around $18,400.

Can you put a shower in a basement?

Installing a basement shower often comes with the same strings attached as the installation of any basement plumbing, meaning that it often requires the uprooting of concrete. However, if a home was built with the main drain above the basement level, then the installation of a shower will require different steps.

Do you need a basement remodel before and after remodeling a house?

A perfect house does not need many spots inside. However, some spaces can be an alternative to creating a more functional room. One of them is a basement. It can be another room with its signature while it gets perfect treatments. By looking at these designs, maneuvering ‘basement remodel before and after’ is just quick and practical.

How did Jaclyn’s remodeling of her basement change her life?

Jaclyn went bright and light in the design of her remodeled basement, changing not just the utility of the room but the general feel of it as well. Now her kids have another place to grab snacks on the go, and she gets some much-needed storage that blends seamlessly into the space around it.

What happened to Blooming DIY-er’s original basement?

There wasn’t anything inherently wrong with the original basement in the home of Dale Wedge, founder of Blooming DIY-er, but the space felt a little dark and depressing, he says, and it meant no one ever wanted to go hang out there.

What can you do with a basement?

Lindsay Ponta, who runs the blog Shrimp Salad Circus, used her basement like most of us do: to house all the stuff that has nowhere else to go. Seeing the potential of the space though, she decided to go a different route, bringing in more functionality and a place where her growing family could hang out.

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