By Nicola Caul Shelley, Synergy Design & Construction
The basement. One of the most underutilized spaces in many homes, basements are often used as nothing more than storage areas.
You’re not sure what’s hiding under those big bags full of toys and clothes, but you’ll get around to donating it all… one day. And those plastic containers you need to move every year to get to the holiday decorations? They’re packed full of “must-keep” items like that comforter set you didn’t want to part with (but never use) and the extra cushions for your old patio set. The suitcases from your last pre-COVID vacation are also down there. Somewhere.
If this sounds like you, it’s time to make a change. A basement remodel can easily give you extra usable square footage, improved storage solutions and add value to your home. Even better, unfinished basements are like a blank canvas with lots of potential, and with the right creativity and vision, they can be turned into beautiful but functional spaces.
But how much does it cost to remodel a basement? Well, like most things in life, that depends! A few factors to think about that impact cost:
- Is your basement currently finished or unfinished?
- Are there any load-bearing columns or other structures that need to be taken in account?
- Is there a lot of ductwork that needs to be added or concealed?
- Are there existing plumbing lines or rough-ins for that “must-have” guest bathroom or bar sink you want?
- What level of finish do you want? Flooring, drywall, bar/office cabinets, tile, bathroom fixtures, interior doors, stairs, new washer/dryer… you can see how the costs start to add up, especially if you want a spa-like guest bathroom or “wow” bar area with gorgeous high-end cabinets and a state-of-the-art wine fridge and pellet ice maker.
- Are you willing to do some of the work and manage the project yourself using a general contractor, or do you want a professionally managed full-service type of experience?
There are many ways you can go about your basement remodel.
Step No. 1 of a basement remodel is figuring out WHO you need — not just WHAT you need. A more cost-effective way may be to use a general contractor (GC), but you will have to take on more responsibility for managing the project and making design choices and (sometimes) buying the materials yourself.
Synergy Design & Construction is a full service design-build firm, meaning we manage the project for you, design it and build it — all using our in-house team of experts. Although using a home remodeling company like Synergy might be more expensive than a general contractor, most of our clients want the peace of mind of working with a company that does all the heavy lifting for them and who manages the whole project from start to finish.
So, what is a reasonable cost for a basement remodel?
Independent surveys often show basement remodels start at the $50,000 to $75,000 range, depending on what it is you’re trying to do. Of course, throwing up walls and laying down carpet can cost less, but many of our clients are willing to invest more to make their dream space a reality. Let’s face it: With no end in sight for a return to the pre-COVID day-to-day “normal,” we’d rather you get exactly what you want. Our promise to you is that we’ll always be realistic with you in terms of what it costs for a quality basement remodel and deliver a project that’s on time and on budget.
Let’s take a look at one of our recent basement remodels. Our client had been dreaming of a home remodel for a long time and knew it was time to do something about the unfinished basement. As in many homes, it was only being used for storage, and they were ready to finally put it to work. So, with a ‘can-do’ attitude, they set about the task of decluttering in preparation for the remodel, which would see their basement go from storage zone to a multi-purpose family-friendly recreation room, office/guest bedroom and guest bathroom — and even have enough room for discreetly hidden HVAC and storage space.
Although the COVID-19 pandemic began just before construction started, the timing for this remodel turned out to be perfect. Trusting us to complete their home remodel safely, they knew it was now a “must have” to proceed given the extended periods of time spent at home during lockdown with virtual schooling and working from home now a necessity. The family is now ready to kick back, relax and spend quality time together in their lovely new spaces.
Ready to find out what it might take to take your basement from storage unit to multi-purpose family-friendly space? Get in touch!