Average cost of 1400 sq.ft. basement renovation from $63000 to $133000.
The cost of renovating a basement varies depending on a number of factors, however the average cost of renovating a basement is between $45 – $95 per square foot. This means if you have a basement that is 1,000 square feet, you can expect to spend about $45,000 – $95,000 to renovate your basement (basement packages vary, final price may be different).
At Capable Group, we take every measure to ensure that the cost of your booking remains affordable We are upfront with our costs and will look at ways to ensure that your project is completed within budget In addition, we take care of all the clean-up and labour required during the refurbishment.
The costs associated with a basement renovation
There are different costs to consider at different stages of the renovation process. If you are installing a bathroom or kitchen in your basement, the first thing you need to consider is the plumbing.
A basement bathroom extension project
1400 sq.ft. Average Basement With Bathroom Renovation Cost from $78000 to $153000.
Bathrooms are one of the rooms that will take up a big chunk of your basement renovation budget You want the job done right, so you need to invest accordingly The size of the bathroom, the floor finishes, the cost of bespoke cabinets and other features will all play a part in how much you will spend to add a new bathroom to your basement.
Adding a bedroom to the basement
1400 sq.ft. Average Basement With Bedroom Renovation Cost from $64500 to $139000.
And 1400 sq.ft. Average Basement With Bedroom & Bathroom Renovation Cost from $79500 to $159000.
For a room to be classified as a bedroom in your basement, it must include a closet and an egress window Installing egress windows below grade will cost about $2,600-$5,300 The cost of installing a closet will be about $1,100-$3,000 Adding a bedroom to your basement will cost about $1,500-$6,000 on average A large portion of these costs will be the walls, flooring and paint.
A home cinema addition
1400 sq.ft. Average Basement Renovation Cost With Home Theater from $83000 to $183000.
If you are someone who enjoys entertaining friends and family, it may be a good idea to install a home cinema in your basement. This will give you a dedicated area in the house for entertaining. You can add a large screen TV, comfortable seating, good speakers and make the room soundproof.
Adding a wet bar in your basement
1400 sq.ft. Average Basement With Wet Bar Renovation cost may vary from $66000 to $153000.
The cost of adding a wet bar to your basement will largely depend on whether you want your home bar to be custom or pre-made. Another major factor will be how large the bar will be. A custom home bar will cost around $5,000 – $20,000 Pre-made options run between $3,000 – $6,000. This cost does not include the plumbing, electrical and lighting work. Other fees that come with the installation can add another $200 – $8,000.
Steamroom and sauna in the basement
1400 sq.ft. Average Basement With Sauna can be from $69000 to $148000.
The average cost of a sauna installation is between $6,000 and $15,000, depending on the size of the basement and the cost of materials. Prefabricated sauna kits are between $2000 and $4000 per unit.
Basement gym installation
1400 sq.ft. Average Basement With Home Gym may vary from $63300 to $148000.
Home gyms can cost between $300 and $15,000. Other costs associated with your home gym include sub-flooring, electrical wiring, lighting and TV installation.
Chimney extension in the basement
1400 sq.ft. Average Basement Renovation Cost With Fireplace can be from $64000 to $138600
A fireplace adds so much warmth to a room, not only literally, but there’s something very cosy about a fireplace. A fireplace in a basement can cost anywhere between $1,000 and $5,600 depending on the type of fireplace you install. A gas fireplace typically costs between $2,300 and $10,000, and an electric fireplace usually costs between $1,000 and $4,200.
Adding a bespoke bar to your basement
1400 sq.ft. Average Basement renovation with custom bar can be from $68000 to $153000.
If your space will be used for entertaining, consider adding a bar to the room This will make it convenient to entertain and serve your guests at the same time Remember that renovating your basement will increase your home’s value, which will be an asset if you decide to sell.