Average cost of 1600 sq.ft. basement renovation from $72000 to $152000.
The cost of renovating a basement varies depending on a number of factors, but the average cost of renovating a basement is between $45-$95 per square foot, so if you have a 1,000 square foot basement, you can expect to spend around $45,000-$95,000 to renovate your basement (basement packages vary, so final price may vary).
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 for 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.
Costs related to basement refurbishment
There are different costs to consider at different stages of the renovation process. If you are installing a bathroom or kitchen in your basement, you must first consider the plumbing.
Add a basement bathroom
1600 sq.ft. Average Basement With Bathroom Renovation Cost from $87000 to $172000.
The size of the bathroom, the type of floor covering, the cost of bespoke cupboards and features all have an impact on the cost of adding a new bathroom to a basement.
Create a basement bedroom
1600 sq.ft. Average Basement With Bedroom Renovation Cost from $73500 to $158000.
And 1600 sq.ft. Average Basement With Bedroom & Bathroom Renovation Cost from $88500 to $178000.
For a room in your basement to be classed as a bedroom, it must have a cupboard and an egress window The cost of putting an egress window in the basement is approximately $2,600 to $5,300 The cost of putting in a cupboard is approximately $1,100 to $3,000 Adding a bedroom to your basement costs on average $1,500 to $6,000 A large proportion of these costs are for the wall, floor and paint.
Add a cinema
1600 sq.ft. Average Basement Renovation Cost With Home Theater from $92000 to $202000.
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 gives you a dedicated area in the house to entertain. You can add a big screen TV, comfortable seating, good speakers and make the room soundproof.
Add a wet bar to your cellar
1600 sq.ft. Average Basement With Wet Bar Renovation cost may vary from $75000 to $172000.
The cost of adding a wet bar to a basement is largely determined by whether it is a bespoke or prefabricated option. Another important factor is the size of the bar. A bespoke wet bar can cost from $5000 to $20 000. Prefabricated options can cost from $3000 to $6000. This does not include the plumbing, electrical and lighting work. Other costs associated with installation can add an additional $200 to $8000.
Installing a steam room and sauna in a cellar
1600 sq.ft. Average Basement With Sauna can be from $78000 to $167000.
The average cost of installing a sauna is $ 6,000 to $ 15,000, depending on the size of the basement and the cost of materials. Ready-made sauna kits cost $ 2,000 to $ 4,000 each.
Installing a fitness studio in the basement
1600 sq.ft. Average Basement With Home Gym may vary from $72300 to $167000.
Home gyms can cost anywhere from $300 to $15,000. Other costs associated with your home gym will include subflooring, electrical wiring, lighting and installing a TV.
Fireplace extension in basement
1600 sq.ft. Average Basement Renovation Cost With Fireplace can be from $73000 to $157600
Depending on the type of fireplace you install, it can cost from $1000 to $5600. Gas fireplaces typically cost from $2300 to $10000, and electric fireplaces from $1000 to $4200.
Add a custom bar in your cellar
1600 sq.ft. Average Basement renovation with custom bar can be from $77000 to $172000.
If your basement is going to be used for entertaining, consider adding a bar to the room so you can comfortably serve and entertain guests. Remember that renovating your basement area adds value to your home, which is a great advantage if you decide to sell.