Do you have an unfinished basement that is the stuff of nightmares? Do you have a finished basement that reminds you of the 1970s? It’s time for an upgrade. Before you get too excited about what you’ll be able to do in the new space, it’s a good idea to check the cost of basement remodeling. This is a great project that can dramatically increase the usable space in your home, and the costs range accordingly. Here are a few general estimates to help you get started.
How Much Does It Cost to Finish a Basement in Harrisburg, PA?
Finishing a basement costs $50 to $150 per square foot. On the lower end of the range, you get a very basic finish or refinish–essentially one large, open room. On the higher end of the range, you can have almost anything you can think of. Custom basements make it easy to solve problems in your home or expand your enjoyment of it. Wish you could have a place to send the kids, or a haven where you can focus on work or relaxation? When you work with a design-build firm, you can let your imagination guide you.
The cost of basement remodeling in Harrisburg, PA varies widely, depending on the project. If you’re hoping to have a free open area in your basement, you’ll probably pay less than a homeowner who wants to turn the basement into a rental property. Every basement remodel cost includes a few basic needs, like making sure that you have the right level of finish for the room. Use these price ranges to help you figure out what to expect, and look at our gallery for more ideas.
Basic Refinishing Costs
Basement finishing or basement remodeling costs roughly $40,000 to $75,000, depending on size and features. Your price mostly depends on what you have right now, as well as its condition. A truly unfinished basement might have very basic framing and electrical, but little (or nothing) else. To finish a basement, you’ll need to add:
Electrical and lighting
Ceilings and flooring
As you can probably tell, this project may not include all the things that make your basement more functional, like a bathroom or kitchenette. You’ll pay extra for those.
Putting in a basement apartment is the top of the line in basement remodeling, so you can plan for it to cost $75,000 to $150,000. This project has everything you need, like a bathroom, bedroom and kitchen. Plenty of people love the idea of a separate apartment in the basement, even if they’re not planning to rent it out. An apartment, sometimes called an in-law suite, helps you ensure that the kids can have privacy when they come to visit. And if you ever decide to rent it out, it will be ready to go.
A bathroom addition is a great way to use the extra space in the basement in a way that adds plenty of value to the home. For $10,000 to $50,000, you get everything from the basic framing and rough-in plumbing to the faucets. Budget more if you’re planning to add custom features like a sauna or walk-in closet.
If you want to take advantage of a truly revolutionary home remodeling trend, a second kitchen is definitely a good one to consider. You can expect to pay roughly $20,000 to $50,000 to get it. Installing a second kitchen in your basement saves you the walk from downstairs and lets you keep your main kitchen cleaner. Would you rather have a kitchenette, instead of a full second kitchen? Expect around $10,000 to $30,000 for this project.
If your current laundry space has little more than hookups for a washer and dryer, you can spend roughly $10,000 to $20,000 to make it official. A laundry room helps to contain the noise from the appliances, as well as provide you with the room and organization you need for stain-treating, ironing and folding.
Basement Bar Remodel
Always wanted a bar in your basement? Expect to pay roughly $10,000 to $50,000. You can run a cold water line to prepare drinks, and even add a sink with hot water for easy cleanup. A fridge, bar and seating complete the package. A bar in your basement remodel is excellent for value.
Does Basement Finishing Add Value to a Home?
Experts estimate that finishing a basement increases the resale value of the home by about 70% of the price you pay. Exact estimates depend on the project and would require an appraiser. In order to count on an appraisal, a basement remodel in Harrisburg, PA have to meet certain codes for livable space. You’re much better off if you hire the right remodeling contractor for the project. Even though adding square footage below grade doesn’t count like the rest of the house, it doesn’t mean that a basement remodel has less value than home improvements made on the main level. Finishing your basement allows you to get more use out of it, which is often worth the investment alone. And when you’re ready to sell, you’ll attract more buyers with a finished basement ready for use.
When Finishing a Basement, Where Do You Start?
When you are ready for a basement remodeling Harrisburg, PA project, you should start by making a plan to maximize your budget. As you browse through basement remodeling contractors, remember that our team at Creative Building Concepts have the skills and experience to give you lasting quality and great customer service. Schedule a consultation to learn more about our basement remodeling steps or talk about your project.