The Many Basement Finishes Available

Whether you have a large space or not, there are many small basement ideas you can consider for your space. Overall, it’s wise to finish basement areas so that you may use them for storage, gyms, and anything else you might imagine. 

Are you interested in some modern basement ideas? Here are a few to consider: 

• Home gym 
• Living room 
• Entertainment area for guests 
• Bedroom (either to rent or for an expanding family) 

Regardless of your idea or preference, the first step is to consider finishing basement walls. Many homeowners prefer to add walls for a bedroom, which is ideal to section off the space and ensure privacy. In fact, partition walls and drywall are suitable for many situations. 

For example, you could have an open floor plan now. However, you want to add walls so that you can have a separate space for a kitchenette, bedroom, bathroom, and living area. The basement finish you choose depends on your requirements. 

Basement construction is something you might consider if you wish to add things to the space. Professionals will look at the original basement development plan to see how to incorporate plumbing and electrical wiring if needed. 

Overall, basement upgrades can benefit you now and in the future. When you transform the space into something you’ll use, it’s more functional. However, when you choose to move, it will add resale value to the property. 

We realize that there are tons of basement design options to consider. It’s often difficult to know what will work for you. However, the first step begins with deciding how you’ll use the space. You should also consider where you want the elements to be, such as a bedroom, bathroom, or kitchenette island. 

Next, you’ll call basement finishing companies to help you turn those dreams into reality. We’ll help you determine what’s possible in the space based on your budget and preferences. Then, we’ll work hard to create it for you! 

Our team has helped countless homeowners create custom basements that meet all their needs. Whether you know exactly what you want or need advice, we’re here to ensure you have the ideal solution for your home and family. 

Average Cost to Finish Basement Areas

Though you’re probably imagining everything you can do with the space, you’re probably wondering: How much does it cost to finish a basement? Overall, you must know the price so that you can save up or get a loan to accomplish your goals! 

The average cost to finish a basement runs anywhere from $2,800 to $34,500. It all depends on what you’re doing and what’s already there. 

For example, the basement finishing cost will be lower if you’re simply painting walls and adding furniture. However, if you must add walls where none were before, put in plumbing, and add more electrical wiring, the finished basement cost will be much higher. 

Typically, unfinished basements have no plumbing, insulation, or drywall. Alternatively, finished basements will look like the rest of your home. Here are the factors that come into play when determining the price you pay: 

• Type and Size – If the area is larger, it will be a more expensive project to complete. While the average cost per square foot is about $7 to $23, the full price depends on the labor fees, materials, and how the space will be used. 
• Permits and Labor – Average labor costs will be between 10 and 25 percent of the full project cost. The price can go higher in urban areas or places that are hard to find. Many times, permits are needed when the project involves electrical or plumbing work. This can cost roughly $1,350, depending on the house’s location, project size, and basement size. 
• Materials – Low-quality materials can help you save money when finishing the basement, but it could mean having to redo the work multiple times. It’s always best to talk to a professional to determine what they recommend for materials. 
• Building Codes – Local building codes come into play when finishing the basement. Your electrical system must be able to handle the extra demand from the basement. Therefore, it’s wise to work with a professional who understands those aspects. 

Why Hire Basement Finishing Contractors

Though it’s easy to imagine what you could do with all the extra basement space, it’s wise to hire basement contractors to do the work for you. It’s often challenging and comes with many specialty requirements. 

Working with a finished basement company is the ideal solution, and Chase Drywall Centennial is here to help you. Please call now to request a quote. We can walk you through everything and ensure you’re happy with the project scope!