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What Is The Cost Of Basement Finishing?

By on October 2, 2016

Increase in the size of family prompts the need for an extra living space in the home. if you are one of those families looking for extra space, you are not alone. While most homeowners ponder on building a new room, others are thinking of renovating their basement. The basement is usually a useless space that most homeowners don’t pay much attention to. However, the basement can be transformed into a beautiful and luxurious space, so everyone can live comfortably in the house.

What Is The Cost Of Basement Finishing?

While it may be necessary to create a budget for basement renovation, there’s need to make proper evaluation about the tasks that needs to be done. Before consulting with a professional to inspect the property, it is advisable to carry out a thorough check of the basement and make a checklist of items that need to be either replaced or overhauled completely. If you have all it takes for basement renovation, then the only thing you need to bother about is the purpose and design that suit your needs. The cost to finishing a basement doesn’t have to put a hole in your pocket. There are lots of basement renovation companies out there offering great service at an affordable rate. You can decide to add drywalls to walls and ceilings to prevent water leakage add other features such as gym, wet bar or shower. Once you’ve decided on the purpose your basement will serve, and then you can consult with a basement renovation specialist for an estimate of the total cost to finish a basement. Your basement contractor specialist will give you an estimate of the total amount to be spent. Though the cost o f basement renovation may be higher, but get ready to spend more if you decide to add a new addition to your home.

Not every home owner would cherish the idea to renovate the basement but it can increase the market value of your property. This is why you should maximize this opportunity and make the most of your basement reconstruction. The cost of remodelling your basement is dependent on the renovation that needs to be carried out. If your basement area is moist, you may need to spend some money to get the walls re-painted with waterproofing material. If you are considering doing the painting job yourself, it will only cost you around $500. Other technical works that includes plumbing, rewiring, ventilation and window repairs may cost you around $5000 to complete. This has to be done with the help of a professional. If you would like your basement to be a very comfortable living space with proper amenities and fittings including wet bar, bathroom, well-furnished ceilings and hard wood floor, you may need to budget around $60,000. The cost of renovating your basement may seem much, but it is worth every penny as it adds glamour and beauty to your home. Pricing varies depending on the professional basement renovation company. So do a price comparison and choose the one that best suit your budget.

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