Affordable Average Cost to Finish a Basement

Nov 1st

Average cost to finish a basement – A finished basement can add long-term value to your home and significantly increase living space for your family. However, finishing a basement can be an expensive endeavor. Average cost of a basement finishing depends on a number of factors, such as size, size of project and of country. Before starting project, it is important to decide how basement will be used and calculate your budget.

to Finisha Basement Finished Basement
to Finisha Basement Finished Basement

There are many factors which have an influence on average cost to finish a basement. One factor is size of cellar. A smaller cellar requires fewer materials, fewer employees and less time to complete task. Another factor is size of project. If you have a basic remodeling, which may include coloring cement floors, does add drywall and finishing ceiling, cost will be much less per square foot. However, if you want to have a bathroom, use of higher-end fixtures or add new floors, such as carpet, costs will increase. If you add plumbing or electrical connections, which costs would increase even more will.

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According to “Remodeling Magazine’s” Cost vs. Value Report, on average 70 percent of average cost to finish a basement recouped at resale. While cost of reorganization has been steadily upward, recouped costs have fallen more than 90 percent in 2005, probably due to housing downturn.

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