Basements are not technically allowed to be factored into the square footage of a home in the real estate world. However, a finished basement can increase the value of your home and provide additional living space. Are you ready not only for bathroom or kitchen renovation, but to finish your basement and optimize it? There are plenty of comprehensive ideas to revamp your gloomy old basement and at competitive price make it totally practical living space.
If you plan to live in your home for a long time, find appropriate basement to fit your lifestyle. Whether that includes an in-law suite, a fireplace, a wet bar or pool table, make it useful for your household.
- Basement subfloor installation.
- Drywall or sheetrock installation and drywall taping for a smooth, finished look of your walls.
- Painting and priming of difficult areas like casing, ceilings, moldings and baseboards.
- Flooring options in the renovation packages that include an affordable price of premium laminate flooring.
- Bathroom and kitchen tiling with a 2-year unlimited warranty.
- Plumbing and electricity.
If you plan to sell the house soon, avoid niche or trendy products and finishes when finishing the basement. Select more universal colours and styles to appeal to a wider range of buyers.
The average price to finish a basement
Our basement renovations in Toronto range from $30 to $75 per square foot. Keep in mind to add up the square footage of your basement and do a quick calculation to figure out the range. For example, a cost to finish 100-square-foot basement would vary from $3,000 to $7,500, depending on the used materials and selected layout. Prices can vary due to a number of factors, including your location, products used and your contractor’s experience. The national average cost to finish a basement, according to the recent data, is about $32,000.
We know how to save your money. As we restore as much as we could from the old basement and choose standard products rather than custom ones. Call a basement remodeling company and we will ensure your new space is modern and fresh.