What is the cost to finish 1000 sq ft basement?

12/16/2022 at 8:06:53 PM

Hello Natalie hope you doing well !

For 1000sqft as we charge 48$ per sqft which not include the kitchen as kitchen is always a upgrade but a normal 6 by 6 kitchen basic ones with quartz counter top and deep sink starts from 5k as I have just gave you the rough cost in this 48$ include material and labor which gave you carpet in Basment and if you wish to go for vinal then vinal floors comes as upgrade.

Regards

Multi builds Reno

12/16/2022 at 9:13:38 PM

Hi! My rough guess would be $40,000 - $60,000 without seeing what actually needs to be done.

There are a lot of ways you can save money by doing some items yourself to save on labour.

It also depends on where the basement is at with the plumbing & electrical, flooring, finishings, etc.

12/16/2022 at 8:32:03 PM

If you're just looking for labour cost? You're looking at $20k-$30k.

12/16/2022 at 10:39:37 PM

Hi thank you for connecting. You would be looking from somewhere between 60000 and 75000 by the time the general work is done and the other trades that will need to be involved such as electricians and plumbers. If its going to be a legal basement there will need to be proper fire separations and/or if an egress window will need to be installed.

12/16/2022 at 10:31:46 PM

Kindly budget (labour only) 20-30K (assuming the wall foundation is already insulated

This include

1. ESA permit (electrical) and additional circuit breaker (hopefully your main is 200Amp

2. Plumbing

3. Waste disposal

4. Bringing materials to basement

5. Framing, wall, ceiling, painting

6. Flooring (assuming luxury vinyl plank) and baseboard

7. HVAC additional vent for dryer, exhaust fan washroom and stove

12/17/2022 at 5:39:26 AM

This is a common but difficult question.

As you can tell from the different comments from industry pros it varies a lot.

I would say....

Ikea kitchen? Quartz, gooseneck faucet backsplash, small island

Seamless glass shower with niche

Zero clearance on floor

Vinyl or eng flooring with tile in bath and kitchen

All necessary trades for all liscenced work

And although you purchase materials there are still a handful of building materials you will not be able to purchase ...

70-90 k

Change to custom kit hen add 20 k minimum

Change features on floor, bath, and kitchen price can drop 20-30 k

Best of luck!

12/17/2022 at 3:37:56 PM

From your description it sounds like you want to develop a secondary suite. If hiring an experienced and reputable General Contractor. Rental designated units will cost more due to special compliances required. As per your description a legal secondary suite with all permits you can expect to spend from $70-$80,000 for 1000sq/ft...if it is just for yourself then costs may be slightly lower from $65-$70,000. I have developed over 100 basements in last 21 years.

12/22/2022 at 4:49:50 PM

Hello Natalie, it is cost around $30,000 with 5 years warranty.

Regards