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How much does a Finished Basement Remodeling job cost?

Answer:
Costs for finishing and remodeling basement areas

will vary by location and the contractor and material rates there; and, whether it will be a DIY project or hired out to professionals (recommended).

Consult with local, professional contractors who specialize in basement remodeling work for accurate cost estimates. In some cases, basements may need waterproofing, insulation, mold or mildew remediation, or other preparatory work prior to remodeling or finishing.

As a general rule of thumb you shouldn't spend more per square foot on your basement than what was spent on the main structure or main levels.

This apparently means that the variables involved in finishing basement areas are many, and square foot or other budget-estimates are next to impossible without including:
Preparatory work needed; amenities desired; heating/cooling system needs; hot/cold water and drain piping needs; power/lighting needs, and others.

Saying that, you can assume that the basement will be more affordable per square foot to finish than main levels of a custom home simply because the structure is already built. I know from experience that a home that costs $175 per square foot to build can easily have a basement finished with the same detail for around $135 per square foot. I guess the builder figured $40 per square foot for the physical structure.

The price per square foot is dependent upon:

Features - Such as a movie theater, Gym, full kitchen etc.
Details - faux finishing, nice carpet or stone floor etc.
Location - San Francisco opposed to Boise.

I'm sure you can get a very nice finished basement for less than $50 per square foot in some areas.

Some companies today produce innovative, modular-style refinishing products (usually installed by their trained, certified vendors) specifically designed for basements and the conditions many basements are subject to. Owens-Corning is one example. Visit here for more information.

Not sure how much your basement will cost? Get multiple quotes from a local contractors. Click here, it's free and there is no obligation to hire a basement contractor.


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