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Finishing a Basement

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Posted by: from London
4/11/2013 at 11:28:38 AM

Hi there,

I am looking at finishing my basement and was wondering what to expect to pay as far as a per sq ft price.

I am not looking to have any plumbing done, mainly just adding a bedroom, a playroom and a large family room.

Basement is currently unfinished and will need all electrical, insulating and framing. I am looking at having carpet put in all rooms.

REPLIES (12)
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Date/Time4/11/2013 at 12:13:56 PM

Hi,

You are looking somewhere around $25 to $30 per square foot. That is with a permit and an oversized window for the bedroom.

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Date/Time4/11/2013 at 12:20:04 PM

Like some of the biggest tv personalitys have said, anything under $40 a sqft you run away from them.

An average egress window done properly will run you around $3000 on its own then there is plumbing, electrical, HVAC and so on.

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Date/Time4/11/2013 at 12:46:43 PM

Hi Sean,

The Price ranges $20-$30 sqft in London Ontario. Your basement seems pretty basic and should not drain your pockets to finish.

Thanks,

Jorge P

The Construction Guys

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Date/Time4/11/2013 at 12:47:08 PM

Sean,

As you can see, it can vary. Costs depend on quality and expertice. A good handy person can save time over a budget do-it yourselfer. A liscensed person is required for plumbing electrical, etc.

I would suggest making a plan and review each item/room for exactly what you want and spend some time asking the questions. The more precise you are the better the answers you will receive.

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Date/Time4/11/2013 at 12:57:51 PM

You should budget for a basic basement 50 to 100 sq ft. Anyone under that is a risk.

If you need validation check out this article:

http://ottawareno.blogspot.ca/2009/12/how-much-does-it-cost-to-renovate-house.html

Ben Kuypers

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Joaquim from J Dominus Carpentry in Toronto
Date/Time4/11/2013 at 1:09:44 PM

10 dollars per square foot, not including the carpet or material.

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Constantine from Constantine in Toronto
Date/Time4/11/2013 at 2:46:17 PM

Everything has to do with the quality of your renovation.

Are you want to spray insulating foam on the walls or regular insulation?

Are you going with permit? I believe you should.

Are you using LICENCED contractors?

You are getting what you pay for. Usually between 70 to 85 dollars sf.

Good luck with your project.

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Robert from Electrilight Ltd. in Oakville
Date/Time4/11/2013 at 4:48:44 PM

A ball park price would be $2200-$3500 for licensed electrical contractors with permits included. Pot lights and extras drive the prices up, but 7' ceilings with pendant lights don't work well so pot lights save headroom.

Word of warning - ESA are hitting hard fines on those who are wiring without permits and using unlicensed electrical people who claim they have a contractors license. Home owner and unlicensed wire puller can both be fined $5000 each.... and home insurance can refuse payment if electrical fires or electrocution happen from these renos.

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Date/Time4/11/2013 at 9:03:31 PM

Hi,

My name is Adam Peckham of BayHill Quality Contracting.

For quality finishes in a basement you are looking at between $30 and $50 per square foot. Given that you are not doing the bathroom, you should be closer to $30 per square foot.

Best of luck with your renovation.

Adam

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Date/Time4/13/2013 at 7:39:30 AM

It is difficult to offer a price by the square foot. There are a lot of unknowns here but I would suggest $20/sq.ft. might be close. eg. 800 sq. ft. about $16000.00.

Gord

Gordon Bartley Construction

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Date/Time4/13/2013 at 1:24:09 PM

Hi,

As you can see prices differ greatly.

You have mentioned no plumbing. Are you sure nothing has to be moved to finish the areas tobe finished? You should install pot lighting. As most basements have low cielings. 6' 10" to 7' 10.

What do you plan to do for insulation...huge difference in costs. 2" Dow Blue foam glued to the foundation walls is the route to go, but is not inexpensive. Dricore subflooring is going to run a couple of dollars per square foot installed. But I would never accept no subfloor in my own home.

I read your post, are you doing the drywall?

If you are looking for a contractor like myself to do all of the work, finished including a proper egress window from the new bedroom it can range greatly depending on the quality of construction.

If you want accurate answers, post more information regarding what you are looking for. Please be more specific. Also please be as accurate as you can about the square footage of the rooms, Is the stairway to the basement already finished?

Very important as well, what city or municipality do you live in.

Depending on the level of finish you already have, the level of finish you desire, and the total square footage you want completed the price can range from $50.00 per square foot to $75.00 or $80.00 per square foot.

I have finished basements with built in bars and entertainment systems that have added $25,000.00 or more to a family room.

I will be glad to post an accurate range for you to look judge quotes by. But I need detailed information to help you out.

Good luck with the work.

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Date/Time4/15/2013 at 11:35:54 AM

Hi Sean,

In Vancouver you are looking at around 25 - 30$/SQFT for a basic finish.

In addition to that would be anything else in the suite like a kitchen, custom shower, high end finishings, fireplace ect...

Contact a local contractor and you can usually get free quotes from contractors in your area.

Good Luck with your project.

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