When you’re looking for a basement finish cost, it can be challenging to nail down a number. Why does it sometimes seem like companies are overly protective of their pricing? Why are they hesitant to offer a “ballpark” price over the phone? Poking around the internet, prices seem all over the board. We all know there is nuance to pricing.

As a contractor, homeowner, and real estate investor, I understand this tension. However, I have committed to offering the most precise over-the-phone estimate while providing valuable insight into your project. With the right considerations and questions, we can get an accurate basement finish cost.

Make Sure Your Contractor Asks Specific Questions About Your Basement Finish Project

When someone is looking for how much a basement finish costs in Northern Colorado, I begin by gathering specific information. My goal is to gain a well-rounded idea of their project’s size and scope. Homeowners are often looking for a relatively basic basement finish, with a couple of rooms and a bathroom. I offer them a solid starting point for their budget at $80 per-square-foot of finished space. Additionally, finishing a bathroom in the basement begins at $5,500.

Price Out The Basement Finish Cost

Let’s play this out. If your basement’s total square footage is 1000-square feet, and you want the bathroom finished, this is what the pricing considerations will look like:

First of all, we subtract any unfinished space like the utility room. Let’s say 100 square feet of a utility room will be left unfinished; now we know we need to finish 900 square feet (1,000 total minus 100 for the utility room). A good number for your consideration then is $77,500. (900 square feet x $80 + bathroom finish $5,500)

This number can change, but if you are pricing a basement finish in Fort Collins, Loveland, or the Windsor Colorado areas and are looking for a professional, licensed contractor, this number is an excellent place to start!

Things that can make a basement finish estimate decrease will be if you want to leave some things undone that can be finished later. You can also save on costs by leaving the space as one large room rather than dividing it into smaller rooms.

Things that can increase the basement finish cost are relatively limitless. They include additions such as a kitchenette or custom built-ins. Adding an exterior staircase (walkout), or a home theater setup will also increase the price.

When you’re budgeting for your basement finish, begin with this starting point of $80 / square foot of finished space. Factor in a bathroom finish if you would like one, then consider what updates or additions you might want.

Give us a call today at (970) 308-3638, and we’ll provide you a concise over-the-phone estimate. Then when you’re ready, we’ll provide a complete estimate, including all the details for your project.