What Is the Cost of Finishing a Basement?

Cost Effective refinishing basement

The average costs of basement refinishing Centennial homes range from $25 to $50 per square foot, but the actual costs of your particular basement finishing project will be determined by lots of factors. Here are some:

  • The amount of work that you can or are willing to put in – basement finishing projects usually involve lots of tasks that do not require special skills and tools, such as wall painting, the removal of the old paint from the walls or of the old flooring, general cleaning, the removal of the objects stored in the basement. Taking up some of these jobs on your own can significantly lower the costs of the basement remodel. If you are a skilled DIYer, you can also take up more specialized tasks, such as installing the flooring or the dry wall, to further reduce the costs;
  • The materials used – while you should choose the highest quality when it comes to the insulation, the plumbing, the heating and the electrical system in your basement, some high-end decoration solutions, such as hardwood flooring, large TV screens and leather furniture will increase the costs, so if you want to cut the expenses, try alternatives, such as vinyl flooring and vintage furniture.
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