Question: How Can I Finish My Basement Cheaply?

How can I finish my basement myself?

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..

How much does it cost to install a basement bar?

The exact price of the bar depends on the region of the country in which you live, the professional you hire, the size of your bar, and the specific features that you choose. The average cost of a small basement bar with simple features usually ranges from approximately $2,000 to $4,000.

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

Wet bar installation costs $6,000 to $22,500. It turns a living space into an entertaining space.

Is it worth finishing a basement?

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.

What qualifies a basement as living space?

When is a basement considered living space boils down to the layout of your home, if the basement is finished and matches the flow of the above-ground portion of the home, and if enough of the basement was built out of the ground. A house built into a hill will probably be an exception.

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.

How long does it take to finish a basement?

4-8 weeksThe standard time it takes to finish a basement is 4-8 weeks. Keep in mind that this can vary by the project size, so give yourself as much time as you need. This is a big investment and an extensive project, so there is no need to rush it.

What can I use to cover my basement walls?

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.

Is it cheaper to have a basement or second story?

you should price it both ways, but the finisihed basement will probably be less expensive. Lower floor also has the benefit of being able to have it’s own direct entrance, so if at some point you wanted to rent it out… Basements generally cost less to heat and cool.

Should you put plastic on basement walls?

A common question people have when finishing a basement is “Should I use visqueen or plastic sheeting on one side or the other of the framed basement walls?” The answer is no. Plastic will prevent moisture from moving through the wall. … So moisture can and will get inside the wall.

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

What is the 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.

Is it unhealthy to live in a basement?

Some health risks to people who live in basements have been noted, for example mold, radon, and risk of injury/death due to fire. … Presence of mold can lead to “respiratory symptoms, respiratory infections, allergic rhinitis and asthma”, as well as personal belongings being contaminated by mold.

How much would it cost to finish my basement myself?

Finishing a basement can cost as little as $10,000 or as much as $20,000….Costs of Finishing a Basement: DIY vs. Pro.SizeDIY CostProfessional CostSmall (<700 sq. ft.)$5,500$15,000average (700 – 1,000 ft)$8,000$18,500large (1,000+ ft)$15,000$35,000jun 22, 2020

Will my taxes go up if I finish my basement?

The short answer is yes…but only to the extent that a basement renovation increases the value of your home.

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…

Do I need mold resistant drywall in basement?

Nor will it prevent mold in the case of flooding, when water saturates the drywall and the organic wood framing behind it. But in rooms that experience frequent humidity and are often subject to mold and mildew, such as bathrooms or basements, mold-resistant drywall is a good choice.