I have a unfinished basement. It is about 850 square feet. What is the average price to finish an unfinished basement? I live in the Madison Heights, Virginia area.
Daniel S. ~ Madison Heights, Virginia
What is the average price to finish a basement?
From my experience there is not an average cost, there is more like an average cost range. There are so many factors that go into finishing out a basement that the cost can very quickly get very, very high. If there are any water intrusion issues that have to be addressed than the cost of the job could easily double depending on the complexity of the problem. Other things that are going to dramatically increase the cost of this project are bathrooms, kitchens. These represent the highest dollar-per-square foot construction cost. To give you a range to work with, start with $100- $175 a square foot.
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Yes, there’s a lot of things to considered. But that range is a good estimate. We had issues with water in our old basement. That changes everything. The cost of water mitigation is a whole different battle all together. But if it’s just a straight basement finishing project, $140-ish per square feet is a reasonable expectation.
WOW!! $100 to $175 per square feet…. you’re talking about the very HIGH HIGH end. A finished basement with a bedroom, bathroom and family room will be rite at $27 per sq. ft. Unless you hire one of the BIG contractors who have salesman, secretaries, trucks, TV ads etc. to pay for. Then you should be in the $100’s range.
Building a Basement at $100.00 to $175.00 is on the higher end homes. Everything depends on what your adding, type of decor, location of home and basement, etc. Reasonable price ranges should be between $ 25.00 – 35.00 per sq. Ft
i agree with Ken! right now i am finishing a basement and it’s at 25k. it has a bathroom, 24 can lights, 9 accent lights, 20 outlets, 2 closets, and many other alterations and additions including a pump toilet(saniflow) 140 is just outrageous! unless of course you have a built in hot tub a high end kitchen with a custom glass shower in your bathroom along with pool table and lighted bar. and don’t forget the heated floors with italian tile and marble columns
What would be a fair price for a basement bathroom (bathroom only) that is 6′x8′?
Chris,
For a standard bathroom (bathroom only) my price is $5200. this includes labor, material, ejector pump and fixture allowances complete.
Hey Guys,
What type of material are we talking about to finish your basement? Drywall? Sheetrock? Paneling? Wallboard? The price per sq ft really depends on the type of material that you’re looking to install.
OMG… well im totally screwed then.. i have about a 1200sqft basement i was planning on having 2 rooms, family room, and a wash room (hookups already there) and a toilet (drain there).. i was kinda hoping around the 6k range.. lol… ok how about if i have someone frame it for me.. whats that run? i can do electrical and drywall by myself..
well i have a 1600sf walkout basement and all i want is drywall and a small half bath around what is it gunna cost me?
oh and it already has plumbing and a system just for the basement literally all i would have to do is lower ceiling bc of a metal beam and put drywall up and buy plumbing fixtures(TOILET and SINK)
It truly depends on where you live, the design and materials used. Dry wall is cheep and will be ruined by any water event. Materials that will not mold or rot and come with a warranty, will be more expensive, however in the long run save you money on repairs and earn you a much higher return when you sell. Dry wall basements won’t stand the test of time in many cases leaving you nothing when it does come time to sell. I have seen one moldy dry wall basement to many.
For 600 square feet,framing, insulation, walls, priming, painting, ceiling,girders, flooring and all electric done to CODE!
18K-22K for drywall and wood studs with regular insulation.
24K-28K for a mold and mildew proof system that comes with a 50 year warranty from Total Basement Finishing. I have designed/priced out over 2,000 projects. If you are doing it your self subtract 5K. Remember do it your self jobs may not yield maximum return on investments.
My prices are for the Midwest.
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