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Basement - Remodel FAQs
You’ll hear remodeling, renovation, and finishing used interchangeably. But they have slight technical differences.
Remodeling means changing the look, function, or both of the space. Remodeling often means adding walls and rooms that didn’t previously exist.
Renovating means restoring the space to a like-new condition. You usually won’t change any structural elements or add upgrades during this process.
Finishing your basement takes it from bare concrete to full walls, ceiling, and floors.
Framing a basement cost about $4 to $10 per square foot. It’s usually less expensive than framing a house because you’re not typically building load-bearing walls, and it doesn’t require a lot of planning. You can expect to spend $1,500 to $6,000 framing a basement. A single wall will cost about $1,000 to $2,900.
The time it takes to finish a basement remodel depends on your specific plans for the project. Most remodel projects take 4 to 8 weeks, as long as the necessary materials, appliances, and fixtures aren’t backordered.
