Basement Remodeling, Remodeling Costs

Budgeting Basement Remodeling Costs

If you put some thought up front into basement remodeling costs you can create a room with drama and atmosphere. Whether you want your basement to be a basic entertainment room for watching TV and playing video games or whether you want an extravagant wet bar, or even a steam room or sauna, take time to plan and do the job right and the result will not only be a great living space but you will also add to the resale value of your home. Beautiful basements are hot news for home buyers.

Consider the Scope

The budget you allocate for your basement remodeling will in part be determined by what you can afford and in part be determined by what you need to do. In the planning stage you will want to think through how extensive your basement remodeling is going to be and what you are willing to spend in remodeling costs. Here are some things to think about when deciding the scope of your project:

• Will you need to put up drywall and install wall insulation?
• Are you adding or modifying walls to create an office or bedroom?
• Are you adding a bath, half-bath or a wet-bar that requires plumbing modifications?
• Are you likely to remodel the ceiling and lighting in the room?
• Will you need the services of a qualified electrician or will you change out light fixtures but re-use the existing wiring configuration?
• Will you be re-carpeting, putting in wood floors or tiles or making other changes to your existing flooring?
• Are you changing or adding any wood moldings, ceiling moldings or door or entryway paneling?
• Are you considering wood paneling for the walls?
• Are you going to add cabinets, shelving, armoires or other types of storage?

 

Get the Right Help

Even if you are doing the bulk of the work yourself, consider leaving room when you budget basement remodeiling costs for hiring specialists like electricians and plumbers to ensure a professional job for major changes.

Leave Enough Money for Furniture

When you plan your basement remodeling budget don’t forget that after you are done and all the workmen have left the premises, you will want something to sit back in and admire the results of your hard work. Consider how much money you will need to allow in remodeing costs for appropriate seating, coffee tables, occasional tables, pool table, wet bar and so on.  Most remodeling projects cost more money than we at first plan. You don’t want to get caught at the end with no money left for furniture after a budget overrun on the front end. So decide what you will need to spend and set it aside for furniture when the remodel is complete.

Accessorize

To put the final touches on your basement remodeling, think about the little things that bring a look together. A few well chosen scatter pillows or window treatments can add charm and personality to any look. Decorative lamps, lampshades or ceiling light fixtures bring warmth and character to your lighting.