Average Costs of Basement Finishing in Utah
Complete basement finishing projects usually run between $45,000 and $65,000. This would include framing, drywall, painting, doors, lighting, ceilings, electrical, bathrooms, kitchenettes, living rooms or theater rooms, etc. Again, you will need to enlist the services of a professional basement or remodeling contractor for installing them – yet you can expect that you will be enjoying a finished basement in just a matter of two to six weeks depending on the project size.
There are several options available as far as basement finishing projects are concerned, and all of these come with a specific cost. For instance, when you opt to do a basic DIY basement makeover, which include framing in walls, adding furnishings and décor, and adding moisture control, the costs will range from $15,000 up to $30,000. Additional insulation’s and waterproofing sealants are only some of the many considerations which have to be factored into the final cost of your finished basement. Of course, the price will also be affected by the amount of renovating that will be done.
When you want to pursue an extensive renovation, which would need electrical or plumbing work like installing HVAC or adding a bathroom, it is best to hire a reliable contractor. You can expect this form of basement project to reach more than $65,000 in cost.
You can also try using our basement cost calculator tool. This will give you a more specific estimated price depending on your basement size and features.
What Does a Finished Basement Mean?
Before you calculate your budget for your basement project, first, you have to determine how building codes define the word finished. There can be differences in local codes so extensive research is a must. But, the general guidelines are as follow:
*Resolve any water leakage or dampness
*Make the habitable rooms not less than 7’ feet in all directions and at least 70 square feet
*Insulate walls and paint or trim them
*Enclose plumbing and electrical wiring behind the finished walls
*Install sufficient ventilation
*Add emergency exit for the habitable room
*Provide enough plumbing shut-offs and electrical panel boards
The Wonderful Value of a Professionally Finished Basement
A basement project offers a potential 75% return on investment as revealed by experts, which make it among the best means of adding more value to your property. But aside from this added value, it provides functionality at the same time as this creates a brand new space that can be used for practically anything, whether a workshop or a guest bedroom. But, finishing your basement in Utah tends to come at a substantial cost, and it will pay to research your choices with extra care before you calculate your workable budget. Take note that the room’s size, its purpose, as well as the building codes in the area all play a significant role in determining the overall costs of your basement finishing project.
Turning your basement into your second living room, children’s playroom, or workshop is one of the best ways of making your house more versatile, expanding its usable square footage, and increasing the value of your property. But, this undertaking is a serious one, which is why it is important to know and understand how much it will cost you to finish the basement in your Utah home and ensure that it meets building codes.
For additional questions on basement finishing on pricing, feel free to give us a call or request a estimate on our website!