Is finishing your basement a good investment?

Finishing Your Basement Adds Value to Your Home

According to NerdWallet, a finished basement with an entertainment area and basement bath raises a home’s value at an average of $50,000. Also, according to Zillow, homeowners see an average of 70 percent return on investment with a basement remodel.

How do I estimate the cost to finish my basement?

Cost to Finish a Basement Per Square Foot

The average cost to finish a basement is $32 to $47 per square foot or about $39 per square foot on average. A small, open-plan, 500-square-foot basement will cost about $20,000 while a 1,500-square-foot basement with three rooms and a bathroom costs around $57,000 to finish.

How much does it cost to drywall a 1000 sq ft basement?

The average price of finishing a basement is $15 per square foot. Costs can range from $7 to $23 per square foot.

Average Cost Per Square Foot to Finish a Basement.
Size (Square Feet)Average Price
800$12,000
1,000$15,000
1,200$18,000
1,500$21,350

How much does it cost to refinish part of a basement?

The cost to finish a basement ranges from $2,800 to as much as $34,500 for a 400- to 1,500-square-foot basement. The average basement project costs around $18,400.

How much does framing a basement cost?

Framing and Insulation

It costs $1,795 on average to frame a basement, not including insulation and drywall. Framing costs approximately $7 to $16 per linear foot on its own, but $20 to $30 per linear foot with drywall.

How much does it cost to pour a 1000 square foot basement?

Concrete Foundation Cost
Square FeetPouring LaborAverage Total
800$2,080$5,128
1,000$2,600$6,410
1,200$3,120$7,692
1,500$3,900$9,615

How do you make an unfinished basement look finished?

The best way to make your unfinished basement feel complete is by adding accents and decor just as you would to any other room in your house. In addition to the basement ideas above, like hanging string lights and adding area rugs, bring in other details that will add warmth, texture, and ambiance.

What kind of flooring is good for a basement?

What basement flooring options and materials are the best? The best type of flooring for basements is vinyl. Vinyl flooring can come in the form of vinyl plank and vinyl tile, giving it the ability to look nearly identical to hardwood and stone products with the added benefit of being waterproof.

How can I cover my basement walls cheaply?

Fortunately, you can cover basement foundation walls quickly and inexpensively. Attach wood furring strips, Z-shape channels, or 2×4 studs to flat, dry masonry walls, then add insulation and cover the strips or studs with drywall.

How can I make my concrete basement floor look good?

7 Best Basement Flooring Options
  1. Paint. (Under $10/sq. …
  2. Epoxy. …
  3. Tile. …
  4. Rubber tile or rubber sheets. …
  5. Vinyl planks or tiles. …
  6. Sheet vinyl. …
  7. Engineered wood flooring.

What is the cheapest way to finish an unfinished basement?

You can save on the cost to finish a basement by doing things not bound by codes: installing trim or doors, painting walls and woodwork, and installing flooring, says Buckeye Basements’ Jon Smith. Beyond that, count on using some pros.

Is it OK to paint basement concrete walls?

One of the most significant risks when painting a basement wall is the potential for mold. Naturally, concrete tends to be adverse to mold. However, in high-humidity areas or areas where flooding can occur, mold growth can undoubtedly become a problem.

What do you put on concrete basement walls?

The most common way to cover concrete walls in a basement is drywall, a.k.a. sheetrock. Drywall comes in panels panels made from calcium sulfate dihydrate or “gypsum.” Panels come in different thicknesses and sizes, the most common being 4′ x 8′ x 1/2″ thick.

How do you fix an old basement?

How long does it take to finish a basement yourself?

4-8 weeks
How Long Does Finishing a Basement Take? The standard time it takes to finish a basement is 4-8 weeks. Keep in mind that this can vary by the project size, so give yourself as much time as you need.

How do you get rid of moisture in basement walls?

You can air out the basement by opening windows and running fans to circulate the air. You can also try turning up the heat in the basement, as warmer air will prevent moisture from condensing on cool surfaces. Another solution is to use a dehumidifier in your basement.

What is considered a finished basement?

So, what constitutes as a finished basement? A basement is finished when the entire level is complete and similar to the upstairs living areas. It generally includes an electrical system, heat, finished floors, an accessible entrance/stairway, level ceilings, and finished walls.

What is a Yankee basement?

They call it a “Yankee basement” or, well, sometimes a “root cellar,” where basically you take the interior perimeter of the foundation wall, move in about 2½, 3 feet and then dig down there. So you leave this sort of berm of soil to support the foundation that’s under the footing.

Should I Drylock my basement walls?

NO, drylock will not do anything as to keeping water from coming through a crack, hole or any direct opening that is or may arise on the outside of your home in future….it is impossible for any paint to stop water from entering through a wall or from water entering through windows, tuckpointing needs etc.