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What is the Average Cost To Finish a Basement?

What Is The Average Cost To Finish A Basement?

A finished basement adds not only value to your home, but additional space and comfort as well. The cost of transforming a basement from gray concrete and bricks to a cozy and welcoming living space can vary significantly. The price depends on the square footage of your basement, among other factors. It’s difficult to make an estimate without seeing the project. However, there are a number of factors that contribute to the final cost. 

A number of key points influence the final price of any home improvement project. Things like the size of the space, the location of your home, and the extent of the improvements all contribute to determining the final cost of your renovation.

Read on to learn more about the factors that contribute to the average cost to finish a basement.

Finishes

The finishes you select, while seemingly a minor detail, are a contributing factor to the final cost of your renovation project. For instance, luxury cabinet pulls, door handles, and other hardware will lead to a higher overall cost. More basic hardware items that come at a lower price point can reduce costs. While individual pieces of hardware are often inexpensive, a complete renovation may require many of them.

Flooring

The average cost to finish a basement will also depend on the type of flooring you choose. Flooring choices change the overall look, feel, and cost of your project. Of course, there are many options when it comes to flooring. Vinyl is available in a wide range of different finishes and styles. It’s also versatile. Another benefit of luxury vinyl is that it’s waterproof and easy to clean. Other flooring options include carpet, tile, and hardwood. These all come at different price points and offer various advantages. For example, the carpet is cozy, while hardwood has a classic, rustic look.

Layout

The design of your basement renovation layout will be instrumental in determining the cost of your project. It will also be the most significant structural design element. Acodding rooms is a more time-intensive process that transforms the look of your living space, and will likely come at a higher price. A qualified contractor can create rooms to your specifications, transforming an open space into any configuration you can imagine. A modern open layout is always an option as well. Many basements are already open, to begin with. Playing off of this layout can make for a simpler renovation process.

Related Content: Basement Finishing 101: How to Brighten Up Your Space

Furniture

The furniture you choose for your new basement will go a long way in establishing an aesthetic for the space. Furniture that matches and that coordinates well with other design elements in the room helps your space look cohesive and pulled together. Finding furniture is a fun finishing step of your renovation process. Look for elements that spark happiness in you. This is your space and it’s important that you enjoy it. You can also include elements like built-in shelves.

Related Content: Surprising Ways to Remodel Your Basement

Secure A Contractor

Finding the right contractor is, by far, the most important part of your renovation process. A good contractor can transform your space into the basement retreat of your dreams. For a top contractor in the Kansas City area, look no further than Total Home Remodeling. We have the experience and technical knowledge to give your space the upgrades you desire. Contact us today by phone or online for more information. We look forward to making all of your design dreams come true.

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