They’re usually the least loved areas of the house, but basements don’t have to be dark, depressing spaces. Your basement provides valuable living space and offers the square footage you need to create the ultimate game room, home theater or guest suite. Estimating your costs is an essential part of any interior home remodeling project. Take a look at how much you can expect to spend on your basement renovation.
Where Can I Find Accurate Cost Estimates?
Have you ever looked at national cost estimates and wondered if they really reflect the price you’ll pay to renovate your home? Although the estimates can be helpful, they don’t necessarily provide an accurate picture of remodeling costs in the Pittsburgh area.Remodeling’s 2020 Cost vs. Value report offers national averages, but also includes location-specific information for the Pittsburgh metropolitan area. The report estimates that area homeowners will pay $80,000 for a mid-range basement renovation. If you’re considering an upscale basement remodel, the cost may increase by 50 percent or more.
What’s the Difference Between Mid-Range and Upscale Renovations?
Remodeling bases its $80,000 estimate on a 20-by-30-foot entertaining area and 5-by-8-foot bathroom. The estimate includes drywall, a wet bar with laminate countertops, a stainless steel bar sink, standard white bathroom fixtures, a fiberglass shower stall and vinyl bathroom flooring.
A mid-range renovation will make the space livable but probably won’t have all the features that will turn your basement into a truly luxurious retreat. You’ll never hear the word “generic” applied to upscale renovations. Everything is custom designed to meet your specifications and your lifestyle. Your expanded budget means no detail is overlooked. You’ll never find corners that aren’t quite square, cheap materials or paint splotches on the baseboards.
Do you plan to add a guest suite or master bedroom suite to your basement complete with an en suite bathroom? Upscale bathroom remodels cost $66,317 in the Pittsburgh area, according to the report, while additions cost $89,916. For that price, you can expect a 100-square foot room that includes a custom shower with body spray fixtures and a soaking tub. Forget about laminate countertops or vinyl flooring. Your new bathroom will feature stone countertops and ceramic tile on the floors (or any other flooring choice you prefer).
Perhaps you’re considering turning your basement into the ultimate game room. Whether you plan to devote the entire space to your game center or leave a little room for a home theater, you’ll have the perfect opportunity to create a one-of-a kind space with ample room for some truly impressive features, such as a half-court basketball court or a gigantic golf simulator that offers life-size views of golf courses across the world.
Would you like to expand your living space with a basement renovation? We’ll help you explore all the possibilities and develop a realistic budget that covers everything you need to turn your basement into a comfortable, luxurious space that adds value to your home. Call us today to learn how we can help you.
Remodeling: Cost vs. Value 2020
Bob Vila: Planning Guide