Basement Finishing Cost


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Old 07-14-03, 06:54 AM
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Basement Finishing Cost

I would like to finish my unfinished basement. The area is just under 1200 sq ft. I would like to put in a nice sized family room area, two bedroom/storage areas, and a bathroom. I don't need anything fancy, just the basics. Does anyone know of the prices that I might be expected to pay? What would the price be if I would hire it out? What would the price be if I would do it myself?

Thanks
 
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Old 07-14-03, 05:31 PM
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There are a great many unanswered questions, that without the information, we probably would only be leading you astray.
If you have bedrooms you will need egress windows, installed $900 each. Are your rooms going to be sheetrocked ? Are they going to be textured ? Carpet, doors, how large a bathroom, etc.
These are the things we need. How much time do you have to get it finished. Lots of questions. come back with a complete program, and we can give you kind of a close answer.
 
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Old 07-14-03, 06:23 PM
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As Jack says, the price can vary greatly. Consider that you can buy a bathroom sink faucet for $20 or you can buy one for $2000. You probably don't want either of those extremes. But be assured that if you don't pay attention to the details of a contract, you'll get the $20 one.

I'll guess that having it done will be in the neighborhood of $30K to $40K. Maybe half that if you do 100% of the work yourself. There should be several companies in your area who would be happy to give you an estimate.
 
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Old 07-16-03, 09:45 AM
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Okay, here are some more details.

(1) We were thinking that we could finish half of it now and the rest of it when we needed it. We need a family room now and 2 bedrooms and a bath later (approx. 5 years?).

(2) The house already has the bath pluming rough-in. The bath would be about 85 sq ft. No plans right now of finishing it.

(3) Both bedrooms would be about 140 sq ft including closets. We currently do not have egress windows, so we would only use them as storage rooms until the 2nd half of our basement is finished. At that time egress windows would be on the list.

(4) The family room area is approx. 555 sq ft. This is the first phase in our plan.

(5) I am planning on framing the whole perimeter with 2x4 - insulate - drywall. Drywall on the ceilings as well. Also carpet would be included. This is just in the family room area.

How does this sound?

- I thought that I would hire out the framing of the whole basement project - including bedrooms and bath. The reason would be because once we start phase two, I wouldn't have to get someone back in to frame.

- I would hire out the electrical and the heat/air vent distribution for the entire basement.

- I would basically handle the rest of the project minus the installation of the carpet.

Do you see any pros/cons to finishing it in two phases? The only thing that I can think of is getting a tub/shower through the already framed doorway.

I know this is a lot of information. Thanks for your input.
 
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Old 07-18-03, 07:41 AM
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Does anyone have any comments/suggestions. Also, is the information I supplied enough for you to give me an estimate of costs?
 
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Old 07-23-03, 09:35 AM
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Should I assume that nobody has any ideas about this project? I submitted additional information, but I have not received a reply.
 
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Old 07-23-03, 01:13 PM
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Call a contractor and get an estimate. They are free.
 
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Old 07-24-03, 03:28 PM
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Basement costs

Shane K-

I'm currently finishing a 1200 sq. ft. basement in the Chicago Suburbs. I bought all of my materials at Home Depot with no discount other than regular sales.

I'm putting in a large family room, a 65 sq. foot full bathroom (plumbing and drainage roughed in when house was built), a bedroom, and a large office, all with closets and such. I did the plumbing with copper, the electrical in conduit and 12 gauge wire, and most of the framing with 2" x 4" studs. I'll be putting in moderate quality carpet, a suspended ceiling throughout, and about 450 sq. ft. of Pergo-type flooring, and a battery powered back-up sump pump. Including all of the above, plus whatever I have forgotten, this project will be costing me about $10,000, including everything. Had I paid someone to do the whole thing when the house was built last year, it would have cost me around $40,000. Hope this helps.

Steve
 
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Old 07-25-03, 06:17 AM
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Thanks Steve!
 
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Old 07-25-03, 08:03 AM
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Steve, post back when you're done and let us know if that $10K prediction held.

Just another data point. I finished 800 of the 1100 square feet in my basement. One full bathroom, one bedroom, a bunch of built-in shelving, drywalled ceiling, wood framing, subpanel with seven circuits, hardwood flooring, tiled bath, carpeted bedroom. I provided 100% of the labor. Cost me $14,329.99. That includes materials, rental costs (e.g., drywall lift), the permit, a few tools I didn't already have (e.g., a chop saw), four new windows, eight doors, a lot of paint, and all the lighting and electrical fixtures. Took me 18 months. The flooring was roughly 25% of the cost, 14% for the bathroom, 12% for the drywall, 11% for framing, 6% for shelving, 6% for windows, 5% for doors, 3% for lighting, 3% for paint, 2% for insulation, 2% for wiring, 2% for HVAC.

Have fun!
 
 

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