Basement Finishing

How Much Can You Expect to Pay for Basement Finishing?

How Much Can You Expect to Pay for Basement Finishing

Basement finishing is one of the best ways to increase the value of your property and increase its usable square footage without having to change its outer walls.

To get started with your venture, you need to consider factors such as cost, whether you will require appointing professionals, etc.  How long does it take to finish a basement? It normally takes around 4 to 8 weeks to finish a basement, depending on the size of your project.

What Can Be the Estimated Cost

The cost of finishing a basement differs considerably. It is based on the basement size, location, and professionals vs. the DIY method. The basement finishing in Cumming cost can range from 3000 Dollars to 34000 Dollars for a 400 to 1500 Sq. ft. basement. On average, a household owner can expect to pay about 18400 Dollars for finishing a basement.

Take into consideration these categories for estimating the cost of your finished basement:

Professionals

Since the exact amount you will pay for a professional contractor to handle your undertaking will differ depending on the extent and complexity of the job. Generally, one can expect to pay around 1500 Dollars for professional contractor service.

Insulation

The cost of insulation is based on the material type you choose to use. The average cost of spray foam insulation is nearly 2140 Dollars for a 1000 sq. ft. space. Also, this price doesn’t incorporate the labor charges. Rigid foam board is usually less costly; it may cost around 700 Dollars to 840 Dollars for a 2-inch-thick sheet. The construction workers apply a thick layer of spray foam insulation to the walls for maximum thermal efficiency

Flooring

The cost of flooring depends on whether you look to finish the concrete or employ alternate floorings such as hardwood, laminate, carpet, or vinyl. Regardless of what you decide on, you are likely to pay somewhere around 1500 Dollars to 4500 Dollars.

Hardwood can cost you around 22 Dollars per sq. ft. On the other hand, Carpet and laminate will cost you somewhere between 3 Dollars to 11 Dollars per sq. ft.

Framing

Framing cost is based on the number of rooms within your basement. The price usually ranges from 7 Dollars to 16 Dollars per sq. ft.

Drywall

The cost for installing drywall can be about 2 Dollars per sq. ft. You can even save many dollars by installing the drywall on your own. The cost of the panels will be somewhere around 12 Dollars to 20 Dollars each.