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Adding a finished basement to your home allows you to use the space as a home theater, hobby room, bedroom, or in-law suite. Finished basements are also good for storage. However, it is important to consider the following before deciding to refinish your basement.
You will have to obtain a permit for your finished basement. This is required in most towns. You will also need to maintain access to electrical junction boxes and plumbing shutoffs. Additionally, you will need to install egress windows in each bedroom. This ensures you have a safe exit in the event of an emergency.
You will need to consider the quality of the materials you choose. Higher quality materials will last longer. You will also have to consider the cost of living in your area. A lower quality material may be less expensive, but it will not last long. Also, the quality of the materials you choose can impact the overall cost of your basement finishing project.
The number of rooms you want to add to your basement will also affect the cost. You may want to add a kitchen or bathroom. You may also need to install additional lighting and electrical work. If you are adding a bathroom, you will also have to add plumbing.
Basement finishing costs can vary widely. You can expect to pay anywhere from $7 to $23 per square foot. Materials are the largest portion of your overall cost. In addition to the materials you purchase, you will also have to pay for labor. Most contractors will include the labor in the total price.
The labor cost can also vary based on the quality of the materials you purchase. Lower quality materials can compromise the integrity of the finished basement. Also, the cost of labor can be higher in densely populated urban areas. Also, if you plan to rework the exterior walls, you may have to pay additional costs.
Other considerations include drywall, electrical work, plumbing, and HVAC. You may also need to install additional ceiling fans or lighting. It is also important to make sure you have a safe exit for your finished basement. You may also need to install a radon mitigation system.
If you are not willing to spend the time and money on a basement finishing project, consider hiring a contractor. This way you know you are getting a professional. Your contractor will provide you with sound advice and will know what to do. You can also get estimates from multiple contractors. This will help you compare the prices and services.
If you do not have access to the tools you need to do your own drywall job, you can rent them. There are some tools that are easy to use, but others are complex. You may want to invest in some tools to make sure you have everything you need.
Also, if you are planning to add a door or egress window, you will need to obtain a permit for the project. You will also need to pay for inspections. The average inspection costs about $50 per hour.
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