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Default per-sq-ft cost estimate for basement renovation

All,

We're refinishing a basement room. 240 ft^2. We are asking the
contractor to replace 4 windows, one with a large casement egress
window. This will require cutting through the foundation blocks to
enlarge the opening and related excavation outside. In addition, we
are asking the contractor to frame the room, put up a vapor barrier &
insulation, do the electrical (about 6-8 recessed lights) and drywall
(ceiling and walls), and trim it out. He will put in built-in shelving
/ window seat / cabinets along one short wall. Finally, he will
install a floating hardwood floor over a portion of the room (about 80
ft^2). We will paint the room. This guy has worked for us before,
doing a great bathroom job. What would a reasonable per-sq-ft figure
be? We got an estimate which seems really high to us.

Thanks,
D. Hill (central PA)

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No
 
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Default per-sq-ft cost estimate for basement renovation

D. - You are potentially going to get your butt kicked in the forum for
asking. There is no really good way to determine. If you trust this
guy, has done good work for you in the past, shows up on time and is
sober on the job site then pay his rate. Less headaches and money well
spent.

Sq. Ft. price? I would say $60 to $125 per sq ft. More or less. If his
price is more than that then did you ask for it to be done in a week?
Did you give him a lot of headaches on your last project? Is he so busy
he doesn't want the work? Did you specify super high end finishes and
fixtures? If his price is less than $60/sq ft then I might be concerned
he missed something.

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Edwin Pawlowski
 
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Default per-sq-ft cost estimate for basement renovation


wrote in message
ups.com...
All,

We're refinishing a basement room. 240 ft^2. We are asking the
contractor to replace 4 windows, one with a large casement egress
window. This will require cutting through the foundation blocks to
enlarge the opening and related excavation outside.


Can't say without seeing it, but this can be $2000 to $8000 right there.



In addition, we
are asking the contractor to frame the room, put up a vapor barrier &
insulation, do the electrical (about 6-8 recessed lights) and drywall
(ceiling and walls), and trim it out. He will put in built-in shelving
/ window seat / cabinets along one short wall.


Too vague to say. Shelving alone can be $200 or $200 depending on size,
materials, etc.


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The Reverend Natural Light
 
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Default per-sq-ft cost estimate for basement renovation

Pick up a book on basement remodeling at your local home store. Read
it. At some point there'll be a section on estimating materials with
formulas to translate wall length, floor footage, etc into raw
materials. Find out what the materials cost and do the math.

If you're farming out all the labor, that is difficult. A friend of
mine had all the framing in his basement done by a pro. The labor cost
was quoted as twice whatever the materials cost ended up.

It is pricey. Why not do some more work yourself?


-rev

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