basement finishing – cost?

[Lena]

Has anyone had a basement finished recently? We are looking to add two bedrooms and a bathroom in our basement. This would be work done by a contractor and not us. I was wondering if anyone who has had this done would be willing to share approximately what it cost?

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[jwws]

lenamegan,

Without particulars (square footage, finishes, plumbing fixtures etc.) really hard to ball park a price could be anywhere from 50 – 150K based on remodeling projects we’ve done in our own house. Maybe you could repost with more info to get a more idealistic range?

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[VentanaConstruction]

Hi lenamegan,

jwws is right on the $. For two beds and a bath it could be as little as $50k or $60k. But an average basement remodel is usually in the $80-$100k range. Things to think about (and the reason why the price range is so wide): Do you have legal egress out of the bedrooms? (might need to saw cut the foundation) Are the walls framed out for insulation, or will that that be a cost? Are you replacing existing galvanized piping that runs to your upstairs plumbing fixtures since the area is open? Relocating furnace? Replacing knob and tube wiring? Are you doing a full bath with cabinetry and counters or thinking a simple pedestal sink?

Most general contractors will be able to provide ballpark pricing to help you understand the costs of your specific project.

Good luck with the project!

–Anne

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