Sometimes when homeowners can’t add an addition to their home they search for other ways to increase their living space. A common way to do this is by refinishing their basement. This means the basement has been completely renovated into a new living area for homeowners. The construction of another bedroom and bathroom, or even an office and living room/entertainment area is just one example. A renovated basement is great for expanding families or those with a smaller home but can’t build an addition.
A big part of how much your basement renovation is going to cost is in the layout. Will the basement consist of two bedrooms, one bedroom, one bathroom, etc? Once you have an idea of this it’ll be easier for us to estimate the work needed. Furthermore, if the layout requires multiple walls to be put up with their respective trim added, this could drive up the cost. Typically, during a basement renovation, implementing natural light is a big thing to consider. Every homeowner chooses a different layout that coincides with their home. Some owners have an in-law apartment built so family members can live under the same roof. Others opt for a larger entertaining area for guests.
Layout, work, and cost all intermingle with each other in any construction project out there. With the layout in mind, our team of experts can determine the work that needs to be done. This is far more than just putting up some walls and painting them. Walls must be framed, electrical components wired throughout, a heating and cooling system installed, insulation installed, trim, doors, windows, and paint. If the basement’s going to have a bathroom, plumbing will need to be installed as well. All of these small details of the construction project matter.
Time to discuss cost. As previously stated, the cost of this basement renovation largely depends on the work needed to be done. I’ll be listing general aspects for you to take into consideration. If the basement is basic with little work that needs to be done and on a budget, the cost could be between $30,000-$40,000. If the basement needs to be completely renovated and turned into a livable area, the starting price increases to $80,000 and can reach up to $120,000.
Many homeowners choose to renovate their basements and for good reason. Being more comfortable and happy in your home is always worth the price of a renovation. Turning your basement into something livable and nice can start around $30,000 and quickly climb due to the amount of work needed. Our team at Tolamn Home Solutions is professionally trained in construction and can turn your next renovation need into a masterpiece. If you have any questions regarding your next home project, don’t hesitate to call us at (508)-277-0120 or contact us via our site at www.tolman.pro.
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