What Is The Cheapest Way To Finish A Basement?

How much should I budget to finish my basement?

The average cost to finish a basement is generally between $25 and $50 per square foot, but costs can go as high as $90 per square foot depending on how extensive the renovations are and the materials and labor you choose.

For most basements, the average cost works out to around $30,000..

How do I keep my basement dry and mold free?

DIY tips for preventing mold in the basementNever allow water to accumulate near the basement. … Avoid having carpets in your basement.Keep condensation in your basement to a minimum. … Humidity, which is the main cause of mold growth, should be kept as low as possible in your basement—preferably, below 60 per cent.More items…•

Do I need to seal my basement walls before finishing?

Seal The Basement Walls Because concrete basement walls are porous, they sponge moisture from the earth outside. This moisture enters your basement in the form of water vapor. … This product creates a barrier for water vapor, protecting your finishing products and directing any water into your perimeter drain.

What are the dangers of living in a basement?

Hazards commonly found in basements include toxic chemicals, pests, mold, indoor air quality issues (such as dangerous gases) and fire hazards that can affect all rooms of the home.

How much does it cost to put a wet bar in your basement?

Wet Bar Cost A wet bar in your basement can turn it into the central entertainment space of your home. Depending on the size of the bar, the appliances included, and the countertop material, expect to spend between $2,000 and $12,000 on your wet bar installation.

How can I finish my basement cheaply?

How To Finish A Basement On A Budget – 8 TipsStart Small—But With Flair. When people use up their budget on redoing the entire basement, the result may look bland, says Leah Smith of Ohio-based contractor Buckeye Basements. … Keep It Dry. … Get Creative With Flooring. … Don Your Painting Clothes. … Change It Up. … Choose Your Ceiling. … Clear The Air. … Check The Codes.More items…

How can I save money finishing my basement?

6 Ways to Save Money on a Basement RemodelGo for an Open Ceiling.Increase Your Wall Spacing.Double Down on Doors.Try to Exclude a Bathroom.Check Your Local Building Codes.

Can a master bedroom be in the basement?

A: Master bedrooms are not typically found in the basement. However, in this case you might end up having an advantage when you go to sell. With a master on the main floor as well as adding a wonderful master in the lower level you will open options to types of buyers.

Is sleeping in the basement bad for you?

Some health risks to people who live in basements have been noted, for example mold, radon, and risk of injury/death due to fire. It has been suggested that a basement suite is the last type of dwelling a tenant should look for because of the risk of mold.

What to Know Before finishing a basement?

Here are five things you should consider before refinishing your basement.Identify Water Issues. Start by checking for water issues, the DIY Network suggests. … Look Into Waterproofing. … Check Permit Requirements. … Run a Radon Test. … Research Your Finishing Materials. … 5 Simple, Low-Budget Home Renovations.

Your basement does not qualify as a bedroom unless it has window dimensions that meet a list of particular requirements. … Basically, bedroom windows must be large enough and low enough to enable emergency escape, and the window size must meet minimum standards to provide natural light and adequate ventilation.

What can I use instead of drywall in my basement?

Consider these options before embarking on a remodeling journey.Pegboard Instead of Drywall. … Alternatives to Drywall in Basement. … Wahoo Walls. … Cement Board Installation. … Cheaper Than Drywall. … Plywood Wall Panels. … Wood Plank Walls Instead of Drywall. … Lath and Plaster Walls.More items…

Is finishing a basement worth it?

1. Expect a payback. Finishing a basement can be a good investment. According to cost versus value surveys conducted annually by Remodeling magazine, the average return on investment for a basement project nationally is currently around 75 cents on the dollar.

Can you live in an unfinished basement?

You are generally required to obtain a permit from the local city/town to rent out the area. To do so, you would be required to have the space inspected for minimum living requirements (access, electrical, plumbing, etc.). An unfinished basement does not usually meet these standards.

How do I refresh the air in my basement?

8 Tips for How to Improve Basement Air QualityClean the Air. The most simple way for how to improve basement air quality is by cleaning the air. … Dry it Out. … Ventilate. … Keep Windows Closed. … Seal Up Cracks and Gaps. … Remove High VOC Contributors. … Use Low-VOC Paint. … Test for Radon.

How much does it cost to drywall a 1000 sq ft basement?

Average Cost to Drywall a Basement by Basement SizeAverage Cost to Drywall a Basement By SizeCost to Drywall a 1,000 square foot BasementTotal CostCost to Drywall a 1,500 square foot BasementLow Cost x 1,280 square feet$2,370Average Cost x 1,920 square feet$7,6808 more rows

How much does it cost to frame and drywall a basement?

The average cost to frame a basement is $1 per square foot for the materials and $2.70 to $3.39 per square foot installed with drywall and ready for painting. When framing an existing basement, you are installing a wood framework in preparation for insulation packing, wiring, and plumbing.

What is best flooring for basement?

5 of the Most Durable Basement Flooring OptionsLuxury vinyl tile. Luxury vinyl tile, also known as LVT, comes in planks or squares. … Marmoleum. We love recommending Marmoleum for basements. … Ceramic or porcelain tile. Tile can be a great option for basement floors. … Carpet. … Concrete.

How do you finish an unfinished basement?

Steps to Finishing Your BasementStep 1: Install Insulation. One of the easiest and most effective ways to insulate a basement’s exterior walls is adding polystyrene foam insulation directly to your foundation walls. … Step 2: Frame Your Walls. … Step 3: Install Drywall.