A basement bedroom and full or half bath makes an ideal suite for guests or teens. Think about who will sleep in the basement and the amenities they'll need to help you determine the best dimensions for this basement remodeling idea. To comfortably fit a double bed, you'll need a room with a minimum of 125 square feet. If twin beds will serve your needs better, plan on at least 150 square feet. Building codes also require that basement bedrooms have an emergency exit that leads directly outside, either through a door or a window.
When it comes to basement renovation, the national average price for a finished basement ranges between $5,000-$70,000. That said, unless you're adding in an elaborate home theater or building in separate rooms with high-end finishes, most Thumbtack customers report paying, on average, between $5,100-$7,150 for their remodeled basement. A finished basement provides you additional living space, increases your home’s value, and offers great return on investment when it comes to home improvement projects.
For an 800- to 1,000-square-foot basement, Elkin Jaramillo, owner of Chester County Basements in Downingtown, Pennsylvania, estimates homeowners can save $10,000 on a typical $25,000 to $35,000 remodel if they finish the walls, install doors and trim and paint. That’s after contracting out the framing, fireblocking, and plumbing, among other aspects of the project.
The basement can be the perfect place for hobby and craft rooms. Here, a family's love for scrapbooking, model shipbuilding, and togetherness came together in one space. An extra-long counter allows enough space for two people to work. Cabinets constructed using stock drawers provide plenty of storage. Wicker baskets filled with supplies fit right inside a set of open shelves.
Because basements are usually below ground level, water seepage and moisture issues have to be resolved before construction can start. Prior to creating a project bid, most contractors will inspect the area to check the interior floor and walls for dampness and make sure the exterior of the foundation is in good shape. Depending on how watertight the basement and foundation are, it may be necessary to protect the basement from future water damage after it’s finished, often through the installation of sump pumps. This work can cost anywhere from $700-$3,000, depending on what needs to be done. Learn more about basement waterproofing. To help prevent moisture problems, homeowners can clear downspouts and gutters of debris to ensure that they help keep moisture away from the foundation.
Your foundation should be inspected prior to finishing your basement. You dont want to cover up any structural damage that would be identified in an inspection by installing framing and drywall. If items such as pipes have rust, the problem may be humidity instead of a leak, but it can be just as damaging. Waterproofing the basement and using a dehumidifier helps reduce dampness and the risk of mold development.
The basement is often a catchall storage space for everything from garden equipment to out-of-season clothes, holiday decorations, and memorabilia. As you remodel to make the most of your basement's square footage, plan for attractive, well-designed storage, too. Here, a wall of built-in ceiling-height storage closets give the illusion of a sleek white wall, but provides tons of space for knick-knacks and seasonal decor.
Accounting for variables such as square footage, materials, electrical and plumbing, the average basement remodel ranges from $11,034 and $29,226. Some cost as little as $5,000, with top of the line remodels costing over $40,000. The average cost to homeowners is $20,126. Expect to spend between $10 and $35 per square foot depending on the changes made.