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Average cost of finishing basement?

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JDubs
different, not less

Member since 7/09

13160 total posts

Name:

Average cost of finishing basement?

what do you think is an average cost of finishing a basement? I live in a split so our basement is not totally full, i would say it spans about the length of half our house... but i would like to finish it for some extra living space (right now we just have ugly paneling and really old asbestos tile, gross ceiling tile with half the lights working) and wanted to get a ball park idea if anyone has gotten any quotes.. TIA! Chat Icon

Posted 1/19/11 2:59 PM
 
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Andrewz00
Look! I changed it!

Member since 4/10

1789 total posts

Name:
Andrew

Re: Average cost of finishing basement?

we finished the basement in my MIL's house.... turned it into an apartment for DW and I shortly before we got married... it was about $30-40k... but that involved putting in a kitchen and bathroom where there was never one before.... so that might not be a good idea of what you want

Posted 1/19/11 4:16 PM
 

caps612
In love with my little guys!!

Member since 8/10

5108 total posts

Name:

Re: Average cost of finishing basement?

we have a split and we are re-doing our basement right now! It is under our living room, dining room and kitchen (laundry room is on a separate floor).

we got an estimate over the summer from the contractor that did our bathroom and he said $18k-25K.. which was insane.

our friends dad is doing it and giving us a great price, so i cant' tell you how much it really costs.... since he is discounting us.
we are doing:

new studs
new electric
10 highhats
insulation
sheetrock (walls and ceilings)
tape and spackle
based on what we are paying I think you could do the above for under $10K easy

we bought tile ourselves $1.64/sq ft for 400 square feet... he is charging us separate for laying it... but said normally something like that would cost $6-$7.square foot to have someone do.

we did most of the demolition ourselves! it was fun! haha

Posted 1/19/11 4:55 PM
 

jes81276
summer fun!

Member since 3/06

4962 total posts

Name:
Jaime

Re: Average cost of finishing basement?

Dh did 90% of the work himself and it cost us about $10k

Posted 1/19/11 7:29 PM
 

MrsFlatbread
Skinny jeans are in my future

Member since 6/06

10258 total posts

Name:
Baby Momma

Re: Average cost of finishing basement?

ours needs to be gutted, updated piping and electrical work, and basic sheetrocking and painting...nothing fancy ...we were quoted at least 30,000.


we may move in the next 2 to 4 years so not sure if we want to dump another huge sum of money into this house.

Posted 1/20/11 10:26 AM
 
 

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