As should be obvious foundation replacement is not a small undertaking and it is not a low cost option but it will be less expensive than relocating the home to a new foundation or completely rebuilding. Next to kitchen and bathrooms basements are ranked as one of the most valuable home renovations. That said unless youre adding in an elaborate home theater or building in separate rooms with high end finishes most thumbtack customers report paying on average between 5100 7150 for their remodeled basement.
Foundation replacement in smaller homes may cost in the 30 50000 range depending on the variables mentioned earlier.
Cost to redo basement. How much do a basement renovations costs. These prices include material and labor costs. Basement remodeling differs from finishing a basement space. Basement renovation costs depend on the layout if framing and drywall are needed materials and construction labor.
A more average remodel project of a basement area with 1500 to 2000 square feet with trim an entertainment area a full bath and other amenities is more likely to cost between 50000 and 75000 to complete. The average cost to finish a basement is 32 to 47 per square foot or between 22000 and 46000. Accounting for variables such as square footage materials electrical and plumbing the average basement remodel ranges from 11043 and 29295. Meaning if you have a basement that is 1000 square feet you can expect to spend about 35000 55000 to renovate your basement.
The cost of renovating a basement varies based on a number of factors. Get free estimates from basement finishing contractors near you or check out our cost guide below. The average cost to homeowners is 20169. The average basement remodel cost is 17459 with most homeowners spending between 12064 and 19922.
However the average cost to renovate a basement is 35 55 per square foot. Remodeling generally happens after the finishing projects have been completed and typically refers to the altering or changing of an existing space. Some cost as little as 5000 with top of the line remodels costing over 40000. The cost of your basement finishing or remodeling job will depend on the size of your basement and the extent of your basement remodel.
When it comes to basement renovation the national average price for a finished basement ranges between 5000 70000. Basement remodeling costs homeowners between 10000 and 30000. An open plan basement remodel costs 2000 to 5000 less than with rooms.
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