How do you modernize an old basement?
30 Surprisingly Stylish Basement Remodel Ideas
- 1 Warm things up with a Modern Faux Fireplace.
- 2 Set up Extra Seating Behind the Couches.
- 3 Turn the Space into a Craft Room.
- 4 Shiplap the Walls for a Cozier Feel.
- 5 Install a Formal Projector Screen.
- 6 Opt for Cinema-Themed Decor.
How much does it cost to renovate a 1000 sq ft basement?
Expect to pay $7,000 to $23,000, or $15,000 on average, to finish a 1,000 square foot basement. Add around $6,500 if you want to hire an interior designer and another $2,650 for furniture.
How do I renovate my basement on a budget?
Here are nine project ideas that will make your basement livable on a budget:
- Focus on the ceiling, floor and walls.
- Improve part of the basement.
- Paint the ceiling and walls.
- Make room for storage.
- Light up the space.
- Create a space for crafts and activities.
- Add easy-to-install flooring.
- Paint or stain the floor.
Is it worth finishing a basement?
A finished basement can increase your property’s value by 70%. While a basement does not add to the overall square footage of the house, that fact is usually beside the point for homeowners. Finished basements often function as an informal living room/family room, office, home classroom space, and guest rooms.
What can I use for basement walls instead of drywall?
- Wood Planks. Wood planks will be a fantastic option to consider for anyone who would like to achieve a rustic look.
- Plastic Panels.
- Plywood.
- Veneer Plaster.
- Pegboard.
- Lath and Plaster.
- Wahoo Walls.
- Textured Wall Panels.
How can I cover my basement walls cheaply?
Fortunately, you can cover basement foundation walls quickly and inexpensively. Attach wood furring strips, Z-shape channels, or 2×4 studs to flat, dry masonry walls, then add insulation and cover the strips or studs with drywall.
Does finishing a basement add value to a home?
While finishing the basement certainly adds to the value of a home, it’s not always as significant as you might think. According to Remodeling Magazine, the national average for recouping basement finish or remodeling cost is 79%. Resale Value done by Remodeler Magazine.
How much should I pay 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.
What is the cheapest way to finish a basement wall?
Paneling can be used as an inexpensive way to finish you basement walls or ceiling. Use a strong adhesive to put strips of wood on your concrete basement walls, and then use wood screws that match your paneling to attach the paneling to the wood strips.
Do basements add value?
While finishing the basement certainly adds to the value of a home, it’s not always as significant as you might think. According to Remodeling Magazine, the national average for recouping basement finish or remodeling cost is 79%….SHARES.
| Market | National Average |
|---|---|
| Job Cost | $43,112 |
| Resale Value | $33,911 |
| Cost Recouped | 79% |
Is Remodeling a basement worth it?
Many people wonder if finishing their basement is worth the time, effort, and money to remodel their downstairs space. To answer that directly, yes, finishing your basement will almost always increase the value of your property. The standard return is around 70%, according to Remodeling.HW.net.
What is the average cost to finish a basement?
Average Cost to Finish a Basement. The average cost to finish a basement is $32 to $47 per square foot with most homeowners spending $22,000 to $46,000 . Jun 6 2019
What is a finished basement?
A finished basement is when the lower area has been completed to look like a livable space similar or comparable to the main floor of a house. An unfinished basement is when the basement is missing the key components of a finished space, such as walls, electricity, plumbing, flooring, ceiling, and heating.
How much to remodel home?
The average cost to remodel a bathroom in the United States is between $5,900 and $14,000, with the national average hovering around $9,600.
What is basement room?
Both cellars and basements are rooms or areas that exists below a building. A basement is found underneath the house or the building’s main structure. It is usually less than halfway below the curb line, unlike regular rooms which usually have their floor above or level to a curb.