Who doesn’t love a well-functioning, aesthetically pleasing basement? It’s the perfect hang-out space, the family fun room, a place to binge movies and enjoy sports, and maybe even the ultimate man-cave/woman-cave.
It’s a fact that you can spend as much as you want on a basement renovation and that’s why getting clear on what you envision, determining what you want in regards to lighting design, audiovisual, smart-home technologies, fixtures, and product selections, and a realistic budget, is important. Equally important is finding a reputable contractor and requesting a detailed design and line-item proposal so you know exactly what you’re getting up front.
So before you dive headfirst into a basement remodel in Pittsburgh you need to know a few ins and outs.
While the average cost of basement remodeling is $21,541 nationwide, that figure varies widely depending on the quality of the materials used, skill level, and standards of your remodeling company.
While some basement remodeling projects are in the DIY realm, many require the services of licensed contractors, and the final basement remodel cost will typically range from $30 to $75 per square foot.
For that price, you’ll get drywall, trim, basic flooring, doors, and paint. A small, open-plan, 500-square-foot basement will cost about $20,000while a 1,500-square-foot basement with three rooms and a bathroom costs around $57,000 to finish. Basement construction costs can be double or triple this if the project includes higher-end material costs. And as you might expect, a great deal depends on the current state of the basement and if there are water issues to contend with.
If you want an above-average basement renovation, you’re looking more at $200 per square foot. This will buy you nicer materials that are above the typical builder grade, a basement bathroom, partitioned-off rooms, a variety of lighting options with dimming effects throughout the room, and higher-quality solid surfaces.
An above-average, popular basement remodel project might include adding a sauna, a wet bar, or a home gym with prices that are all over the board. Again, it depends on your taste, your understanding of quality, and your budget.
So what is the difference between an above-average renovation and an upscale, luxurious project? In a nutshell: it’s the quality of design and carefully curated product selections. A good designer and skilled builder combination will yield a renovation that takes your breath away.
Luxe exudes a sense of calmness, simple perfection in the balance of textures and tones, and a fierce discipline in choosing the size and scale of each and every curated selection. No detail is overlooked with top-of-the-line lighting fixtures, natural stone surfaces, coffered ceilings, wainscoting, and unique trim to provide the visual continuity and unspoken presence of true craftsmanship. The space will integrate home audio and visual, ample lighting options, a wine room, and a wet bar. The walls and trim will be sanded and prepped numerous times before they are expertly painted to flawless completion. The room will be a masterpiece that will add sustainable value and bring decades of lifestyle fulfillment.
Our upscale full-basement remodels can range from $300 – $400 per square foot, depending on the size and scope of the project. Still, finishing a basement is often a much more affordable way of expanding your home’s living space rather than building a new addition to the house because the floors and walls are already in place.
Renovate the Basement of Your Dreams
Most remodeling projects are expensive, and remodeling a basement is no exception. Remodeling Magazine estimates that a basement remodels return on investment (ROI) averages about 70 percent. So, remodel with the intent of enjoying the space, not just for resale purposes.
Master Remodelers has helped many of our customers find that sanctuary they’ve been looking for in their life and in their homes. Master Remodelers is renowned for its remarkable design talent, synchronized design-build planning process, expert execution, and highly skilled and trained carpenters.
We hope you’ll remember Master Remodelers when you’re ready to elevate your lifestyle.
Remodeling: Cost vs. Value 2021
Bob Vila: Planning Guide