Basement Reno

1/5/2008 at 10:37:38 AM

Melanie, A reputable contractor who pays all his taxes, WSIB and only uses licensed trades should come in around $40.00 to $45.00 per squ ft. Don't be one of those customers who ends up with a horror stories because you took the cheapest price. One other thing make sure that the contractor has sufficient liability insurance in the even of a problem

Regards

1/11/2008 at 4:42:41 PM

Hi Melanie, My name is Dean Mizzi, and my responce to your question is that, on average, A home owner can expect to pay from $35 dollars up to $45 dollars for an average basement reno with-out flooring included. This is usually a standard basement with a two or thee piece bath, a rec-room, and a privacy room or two. This would not include a kitchen and a new separate walk-in entrance.

Please feel free to contact us for more info

Sincerely

Dean Mizzi

1/15/2008 at 9:30:29 AM

Dear Melanie,

I would like to add that the only way to get an accurate estimate is to prepare an accurate design and specify the finishes that are important to you.

Our company offer free designs services to all our members and as a Handy Canadian member, I want to offer you a free Renoclub membership.

Thank you.

2/13/2008 at 9:13:55 AM

Hello Melanie,

I think an important part of your question is the fact that you said "without flooring". Some of the repliers didnt seem to factor that in. With that said, $40 - 45 per sq. ft is high if you do not include flooring. I will say, using a cost of $40 - 50 per linear foot will give you a good estimate with material in. Flooring runs about $4 per sq ft labour only and same goes for ceiling. Do make sure your contractor has insurance.

2/4/2009 at 1:56:46 PM

Melanie we are honest and reliable forget about 40,50,60 dollars a sq. ft. I can give you the best price and get you money back from the government up to $7000 call me to discuss further thank you. Sam 416-820-9353

2/9/2009 at 11:57:44 AM

Hello Melanie,

First of all there are way too many variables when it comes to finishing basements. Basements are what I call type of "custom renovation project" since we have to deal with existing structural areas, mechanical, plumbing and electrical especially when it comes to finishing ceilings in basements. So in my opinion these $40-$60 square foot quotes are a real ball park and will not always work in your favor in the end.

I have been finishing and designing basements for 18 years and not one basement is like any other and there are always going to be differences in price and design. You can have 2 basements from the exact same model home, however, you might want to design your basement with a more open concept design, storage area/utility room and a washroom for example. Your neighbor on the other hand might want a sitting area, washroom, guest bedroom, office, storage, bar, and fireplace. There will be a substantial difference in cost for these 2 basements and you can no longer base a $40-$60 per square foot price, it just does not work that way.

One basement will have more doors, more electrical, more walls, more flooring types, more of everything.

Basically I come in, ask you what you would like to do with your basement, I will take pictures of the basement, measure all of the basement, and design a rough layout plan of what we are going to do with your basement. Discuss flooring options and lighting options, trim options etc. Then I calculate all of the materials on a linear basis or square footage and calculate the allowances for an estimated time for completion for each of the respective crews: framers, drywall installers, tapers, electrician, flooring installers, painters etc.

At which time you will be guaranteed a fixed price policy since I have taken the time to calculate all materials required and labor to complete your basement.

That being said, you will still have differences in quotes but they should be a lot closer. Some of the differences will be partly due to labor rates which are to be expected and cost of materials since some contractors may get a better pricing depending on who their suppliers are and volume of business they generate.

If you wish to contact me to discuss any of the above further, please call me at 519-620-8636 or Toll Free at 1877-240-7744. Please visit my website for more information about my company and services at germanocreative.ca and I can also be reached at germanocreative@rogers.com.

Looking forward to hearing from you.

Kind regards,

Suzette

Germano Creative Interior Contracting Ltd.

2/23/2009 at 1:14:20 PM

Hi Suzette,

Sounds like you know your stuff, you come off pretty professional and to the point. I like that. Anyway, that being said, I visited your site, I can tell you mean business and with great taste. I am am drywall installer, plaster applicator and finish painter. I would like to be involved in your projects as a sub-trade one day like that's possible, so if you ever need to take on another, I am very professional, experienced, dependable & insured.

Thanks for your time.

Brad

tradesmencontracting@gmail.com

416 436 8303

8/20/2010 at 6:57:36 PM

just finished a walkout basement reno, 900 square feet, nothing in basement to start not even a furnace. Installed sewage pump for septic, nice shower, granite top vanity, 700 sq ft hardwood on top of 1 1/2 foam and plywood and 6 mil vapour, suspended ceiling, 92 % afu natural gas furnace, duct work( only one story above basement), moved gas lines, replaced all plumbing, new wiring in basement, 2400 sq ft drywall, cedar ceiling in bath, solid pine doors (5) custom pine trim, move pressure tank and hw tank to better location, frame and insul all walls with roxul includes interior partitions, laundry room with plumbing and exhaust. Turned out really nice and ended up costing 54.60 a square foot for all I mentioned. Does this sound too little or too much. I am a contractor (trying to figure out sq ft pricing) but no home is the same I gave the home owners an estimate of 35 without furnace, well plumbing was over by 3000, bath by 2000, furnace and ducting 7500, all of a sudden we are over 45000. Anyway would appricate your thoughts so I can improve my estimateing skills (and perhaps spelling skills) Allan Cullen