Average cost of 2800 sq.ft. basement renovation from $126000 to $266000.
The cost of renovating a basement depends on a number of factors, but the average cost of renovating a basement ranges from $45 to $95 per square foot, so if you have a 1,000 square foot basement, you can expect to spend around $45,000 to $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 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 process.
Basement refurbishment costs
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 will first need to factor in the plumbing costs.
Bathroom extension in the basement
2800 sq.ft. Average Basement With Bathroom Renovation Cost from $141000 to $286000.
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 all play a part in how much you will spend to add a new bathroom to your basement.
Basement bedroom addition
2800 sq.ft. Average Basement With Bedroom Renovation Cost from $127500 to $272000.
And 2800 sq.ft. Average Basement With Bedroom & Bathroom Renovation Cost from $142500 to $292000.
For a room to be classified as a bedroom in your basement, it must contain 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.
Adding a home theatre
2800 sq.ft. Average Basement Renovation Cost With Home Theater from $146000 to $316000.
If you like to entertain friends and family, installing a home cinema in your basement may be a good idea. You can add a big-screen TV, comfortable seating, good speakers and soundproof the space, giving you a dedicated area in the house for entertaining.
Adding a wetbar
2800 sq.ft. Average Basement With Wet Bar Renovation cost may vary from $129000 to $286000.
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 will come with the installation can add another $200 – $8,000.
Installation of a steam room and sauna in the basement
2800 sq.ft. Average Basement With Sauna can be from $132000 to $281000.
The average cost of installing a sauna is from $ 6,000 to $ 15,000, depending on the size of the basement and the cost of materials.
Installing a home gym in the basement
2800 sq.ft. Average Basement With Home Gym may vary from $126300 to $281000.
Home gyms can cost anywhere from $300 to $15,000. Other costs associated with your home gym include the sub-floor, the electrical wiring, the lighting and the installation of the TV.
Adding a fireplace to the basement
2800 sq.ft. Average Basement Renovation Cost With Fireplace can be from $127000 to $271600
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.
In the basement, add a custom bar
2800 sq.ft. Average Basement renovation with custom bar can be from $131000 to $286000.
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 the value of your home, which will be an asset if you decide to sell.
