I am thinking about having my basement completed with a 3 piece bathroom, laundry room, repair to stairs and closed in furnace and hot water heater. It is 500 square feet. Would you please estimate how much it would cost?
You are looking at approx 10,000.00
Maybe for the material depending on finishes, the average 500 sqft basement in the GTA will cost you a min of $40.00 -$60.00 a sqft to start
3 pc bathroom if rough in is there $7000.00 plus (100sgft) min. nothing fancy stand up Home depot shower, vanity etc
Leave you 400 sqft at a min of $40-$50 a sqft.
Realistically you should budget $25 to 35,000.00.
I see my comment has been removed. I'm tired of people coming on this site throwing numbers around and don't have a clue what they are talking about. Last two postings show knowledge, only what I said when roofer price the basement, it is a joke and you can see on the price.
Don't remove this for reputation of hard working contractors.
10,000!!! Just say no!
I find myself to be honest and always want to provide the best work and price for my clients and would not even try and wonder how that price can work.
I have done 10 basements in the 450 - 600 sqft range and have never come in under 20k. My last 2 basements were 500 and 550 sqft and came in at 25 and 27000 respectively.
I suggest to potential clients that I am meeting for the first time to meet with multiple contractors to establish a good average price.
45-55$ per sqft is always a good baseline....
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