Question: What Is The Most Expensive Part Of Finishing A Basement?

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

Expect to pay $7,000 to $23,000, or $15,000 on average, to finish a 1,000 square foot basement..

How much value does finishing a basement add?

In the United States, on average, finishing a basement will give you a return of 70 to 75% of your investment. For example, if you spent $1,000 on improvements, it would increase the value of the property by about $700. If you spent $10,000 on improvements, it would increase the value of the property by about $7,000.

In what order should I finish my basement?

From insulation and framing to selecting your paint and finishing touches, follow these steps to finish your basement walls.Step 1: Install Insulation. … Step 2: Frame the Walls. … Step 3: Install Utilities. … Step 4: Mount Drywall. … Step 5: Paint.

What is the cheapest way to cover a wall?

Cheapest Ways to Renovate WallsRepair and Repaint. Repair small holes and cracks in the wall to make the walls look new. … Stencil or Projected Image. Use a stencil to create a new look for the wall. … Apply Wallpaper. Wallpaper can be applied in a day and can make a big impact on a space. … Install Paneling. … Add Fabric.

Do I need a subfloor in my basement?

Subfloors are not always necessary. They only come into play when you want to expand downward and make your basement a warm, livable space. Concrete or tile-over-concrete are acceptable floors for uninhabited basements.

Do I need mold resistant drywall in basement?

Nor will it prevent mold in the case of flooding, when water saturates the drywall and the organic wood framing behind it. But in rooms that experience frequent humidity and are often subject to mold and mildew, such as bathrooms or basements, mold-resistant drywall is a good choice.

What is the cheapest way to finish a basement?

How To Finish A Basement On A Budget – 8 TipsStart Small—But With Flair. When people use up their budget on redoing the entire basement, the result may look bland, says Leah Smith of Ohio-based contractor Buckeye Basements. … Keep It Dry. … Get Creative With Flooring. … Don Your Painting Clothes. … Change It Up. … Choose Your Ceiling. … Clear The Air. … Check The Codes.More items…

How much does it cost to put a bathroom in a basement?

What is the Average Cost to Add a Bathroom to a Basement? An install in your basement will run you $10,000-$15,000 on average. This includes materials and labor. If you’re adding it in a basement under an existing one, you can simply pull down the plumbing to save time and expense.

What is the best flooring for basement?

Here are other basement flooring ideas:Epoxy floor coatings are good if you can live with a hard surface flooring. … Ceramic tile is the designer’s choice, with tons of colors and styles. … Vinyl tile and sheet flooring also goes directly over prepared concrete and will withstand even minor flooding with no ill effect.More items…

Do bathrooms in the basement count?

Like basement square footage, the finished rooms in a basement are identified separately from the above grade room count. … Bathrooms, breakfast nooks, storage rooms, mudrooms, laundry rooms, foyers and closets are not usually considered in the total room counts.

How do I keep my basement dry and mold free?

DIY tips for preventing mold in the basementNever allow water to accumulate near the basement. … Avoid having carpets in your basement.Keep condensation in your basement to a minimum. … Humidity, which is the main cause of mold growth, should be kept as low as possible in your basement—preferably, below 60 per cent.More items…•

Is finishing a basement a good investment?

Finishing a basement can be a good investment. According to cost versus value surveys conducted annually by Remodeling magazine, the average return on investment for a basement project nationally is currently around 75 cents on the dollar.

What is the best flooring for a basement bathroom?

4 Types of Flooring Perfect for Basements and BathroomsVinyl. Easy to clean and easy on the wallet, vinyl flooring is available in sheet or tile form and comes in a wide range of colors. … Ceramic tile. Waterproof and available in a variety of colors, shapes, sizes and styles, ceramic tile flooring is another popular option. … Stone tile. … Concrete.

Can mold grow under vinyl flooring on concrete?

Mold will grow where ever there is moisture. We have a concrete slab with a vinyl floor. … Although vinyl floors are resistant to moisture, mold and mildew can grow if there is standing water around the edges, grooves or under the floor.

Is a walkout basement worth it?

Advantages Of Adding A Walkout Basement A walkout basement has lots of advantages going for it, so don’t despair if you have a less-than-level building site. One obvious benefit is the additional natural light available to the lower level of the house. … This saves on the cost and materials of building the foundation.

Is vinyl flooring good for basements?

Vinyl flooring is made to be waterproof, not just water resistant. It can literally be exposed to wet conditions for days and obtain absolutely no damage. This makes it a great choice for areas where there might be a tendency for dampness to form, like in basements.

What kind of drywall do you use in a basement?

Basement board: This type of drywall, usually used in basements, has a standard core and mold-resistant face and back paper. It’s not as effective as standard mold and moisture-resistant drywall, but it’s less expensive.

How can I cover my concrete floor cheap?

5 Cheapest Ways to Cover Concrete Floor At HomeStamping. It’s important to keep in mind this process requires a freshly poured area of concrete, so it may not be suited to every project. … Rug. Perhaps the cheapest way to cover concrete floor is to simply buy a rug. … Painted. … Paint with stencil. … Stained.

How much does it cost to finish a 1600 sq ft basement?

The average cost to finish a basement is generally between $25 and $50 per square foot, but costs can go as high as $90 per square foot depending on how extensive the renovations are and the materials and labor you choose. For most basements, the average cost works out to around $30,000.

What add the most value to a home?

What Home Improvements Add the Most Value?Kitchen Improvements. If adding value to your home is the goal, the kitchen is likely the place to start. … Bathrooms Improvements. Updated bathrooms are key for adding value to your home. … Lighting Improvements. … Energy Efficiency Improvements. … Curb Appeal Improvements.

Why are basements not included in square footage?

But, your real estate professional is correct, the square footage of your basement cannot be included in the size of your home for listing purposes. … The RMS size of a property is, essentially, the sum of its above grade levels. Below grade levels are not included in the RMS area.

Do I need to seal my basement walls before finishing?

Seal The Basement Walls Because concrete basement walls are porous, they sponge moisture from the earth outside. This moisture enters your basement in the form of water vapor. … This product creates a barrier for water vapor, protecting your finishing products and directing any water into your perimeter drain.

What to Know Before finishing a basement?

Here are five things you should consider before refinishing your basement.Identify Water Issues. Start by checking for water issues, the DIY Network suggests. … Look Into Waterproofing. … Check Permit Requirements. … Run a Radon Test. … Research Your Finishing Materials. … 5 Simple, Low-Budget Home Renovations.

What is the cheapest flooring for a basement?

Cheap Basement Flooring IdeasEpoxy and Concrete Paint. Paint is generally your cheapest basement floor option. … Concrete Stain and Sealer. Concrete stain is another inexpensive option. … Linoleum or Vinyl. … Ceramic Tile Flooring. … Rubber and Foam Mats. … Traditional Carpet Flooring. … Laminate or Engineered Hardwood.

Where do I start when finishing a basement?

The basic steps to finish your basement include insulating walls, choosing flooring and adding a ceiling to transform your lower level into an additional living area….How to Finish the Basement WallsStep 1: Install Insulation. … Step 2: Frame Your Walls. … Step 3: Install Drywall.

What can I use instead of drywall in my basement?

While it’s cheap and easier to work with than other materials, drywall installation remains a tough process that involves taping, mudding, and sanding….Wood Planks.Plastic Panels.Plywood.Veneer Plaster.Pegboard.Lath and Plaster.Wahoo Walls.Textured Wall Panels.More items…

What type of flooring can go over concrete?

Best Flooring for Concrete Slab FoundationEngineered Wood. Natural hardwood flooring offers undeniable beauty and durability. … Vinyl. As a longstanding choice for kitchens and bathrooms, vinyl has a reputation for extreme water resistance. … Laminate. … Carpet. … Tile.