Frequently Asked Questions

Q: WHAT IS THE AVERAGE COST TO REMODEL A BASEMENT?

A: The average cost to finish a basement is generally between $25 and $50 per square foot, but costs can go as high as $90 per square foot depending on how extensive the renovations are and the materials and labor you choose. For most basements, the average cost works out to around $30,000.

Q: SHOULD I GET A PERMIT TO FINISH MY BASEMENT?

A: Whether the lowest level of your home is considered a basement or a cellar, most improvements will require an architect to file plans with the DOB, and will require permits. The most common renovation to a basement is the addition of an extra bedroom, a bathroom or a kitchen, and in some cases, all three.

Q: WHAT TO KNOW BEFORE FINISHING A BASEMENT?

A: Here are five things you should consider before refinishing your basement:

1. Identify Water Issues. Start by checking for water issues, the DIY Network suggests.
2. Look Into Waterproofing.
3. Check Permit Requirements.
4. Run a Radon Test.
5. Research Your Finishing Materials.

Q: DO I NEED TO SEAL MY BASEMENT WALLS BEFORE FINISHING?

A: Because concrete basement walls are porous, they sponge moisture from the earth outside. This moisture enters your basement in the form of water vapor. … This product creates a barrier for water vapor, protecting your finishing products and directing any water into your perimeter drain.

Q: HOW DO I START REMODELING MY BASEMENT?

1. Look for Signs of Moisture. The last thing you want to do is finish a basement during winter and have it flood come spring.
2. Plan an Open Layout.
3. Seal Exterior Pest Points of Entry.
4. Incorporate a Storage Room.
5. Respect the Budget.
6. Take Photos of Unseen Upgrades.
7. Disguise Bulkheads.
8. Choose Flooring Carefully.

Q: HOW MUCH DOES IT COST TO HAVE SOMEONE DRYWALL A BASEMENT?

A: The average cost to finish a basement is about $6,500 to $18,500. Basic costs include hanging drywall, painting, installing crown molding and flooring, which total around $7,500.

Q: DO BASEMENT BEDROOMS COUNT?

A: Some industry professionals will say that a bedroom must have a closet to be “counted” as a bedroom. … Occupants of a bedroom must be able to get outside the home if there is a fire. HUD further elaborates specifically on basement bedrooms that: As a rule basement space does not count as habitable space.

Q: HOW CAN I FINISH MY BASEMENT CHEAPLY?

Start Small—But With Flair.
Keep It Dry.
Get Creative With Flooring.
Don Your Painting Clothes.
Change It Up.
Choose Your Ceiling.
Clear The Air.
Check The Codes.

Q: IS FINISHING THE BASEMENT WORTH IT?

A: In terms of home value, finished basements aren’t as valuable as main-floor living space and above-grade bedrooms (“above-grade” refers to a room that’s located higher than ground level — that could mean on a main floor or upstairs, just not in a basement).

Q: HOW DO YOU PARTIALLY FINISH A BASEMENT?

A: Keep the ceiling exposed. This smart basement renovation reveals a key secret to enjoying a partially finished basement:
1. Keep the ceiling open.
2. Ditch the drywall.
3. Capture the power of white.
4. Establish a focal point.
5. Get creative with paint and decor.
6. Install cabinetry.
7. Just do the basics.
8. Dress up with shine.