When finishing a basement, the possibilities are endless. Depending on what you already have and what you want done, your costs can range anywhere from a few thousand dollars to over $50,000. By breaking down your potential expenses, you can determine what your budget should look like and where you might want to opt for less-pricey materials.<\/p>
What is the average cost to finish a basement?<\/h3>
The average cost of finishing a basement is roughly $18,400 USD, or $25,200 CAD. Basement renovation costs on average about $21,600 USD, or $29,500 CAD. Some estimates put the average cost per square foot between $35 and $55.<\/p>
Like all home improvement projects, the cost of renovating an unfinished a basement depends on the size of your space, the extent of your renovations, the materials you choose and the cost of labor in your area. Here\u2019s what you can expect to pay for three different basement remodeling projects.<\/p>