Average cost of 2500 sq.ft. basement renovation from $112500 to $237500.
The cost of renovating a basement varies based on a number of factors However, the average cost of renovating a basement is between $45 – $95 per square foot Meaning, 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 explore ways to ensure that your project is completed within budget.
Costs associated with renovating
When installing a bathroom or kitchen in your basement, the cost of the plumbing needs to be factored in.
Creating a bathroom in your basement
2500 sq.ft. Average Basement With Bathroom Renovation Cost from $127500 to $257500.
Bathrooms are one of the rooms that will consume a large portion of your basement renovation budget You want the job done right, so you need to invest accordingly The size of the bathroom, the flooring materials, the cost of custom cabinetry and other features will all play a part in how much you will spend to add a new bathroom to your basement.
Create a bedroom in your basement
2500 sq.ft. Average Basement With Bedroom Renovation Cost from $114000 to $243500.
And 2500 sq.ft. Average Basement With Bedroom & Bathroom Renovation Cost from $129000 to $263500.
For a room to be classed as a bedroom in your basement, it must contain a wardrobe and an egress window Installing egress windows in the basement will cost about $2,600 – $5,300. The cost of installing a wardrobe will be about $1,100 – $3,000. Adding a bedroom to your basement will cost about $1,500 – $6,000 on average. A large proportion of these costs will be the walls, flooring and paint.
Adding a theater
2500 sq.ft. Average Basement Renovation Cost With Home Theater from $132500 to $287500.
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 designated area in the house to entertain in. You can add a large screen TV, comfortable seating, good speakers and make the room soundproof.
Add a wet bar to the lower level
2500 sq.ft. Average Basement With Wet Bar Renovation cost may vary from $115500 to $257500.
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 to $20,000. Pre-made options run between $3,000 and $6,000. This cost does not include the plumbing, electrical and lighting work. Other fees associated with the installation can add a further $200 to $8,000.
Steamroom and sauna installation in the basement
2500 sq.ft. Average Basement With Sauna can be from $118500 to $252500.
The average cost of installing a sauna is between $6,000 and $15,000 depending on the size of the basement and the cost of materials. Prefabricated sauna kits cost between $2000 and $4000 per unit.
Installing a gym in the basement
2500 sq.ft. Average Basement With Home Gym may vary from $112800 to $252500.
Other costs related to your fitness centre include flooring, electrical cabling, lighting and installing a TV.
Adding a fireplace in the basement
2500 sq.ft. Average Basement Renovation Cost With Fireplace can be from $113500 to $243100
A fireplace in a basement can cost anywhere from $1,000 to $5,600, depending on the type of fireplace you have installed. A gas fireplace typically costs $2,300 to $10,000, and an electric fireplace usually costs $1,000 to $4,200.
Add a custom bar in the basement
2500 sq.ft. Average Basement renovation with custom bar can be from $117500 to $257500.
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 can add value to your home, which is a great advantage if you decide to sell.