Have you been looking for a home builder in Palm Beach Gardens, Florida to finish your basement? Here at Chris Barbara Development, we offer residential construction in Palm Beach Gardens, Florida, and we are committed to bringing your dream home to life.
Getting your basement finished will provide you and your family with an additional space to gather and entertain friends and family.
If you’re thinking about finishing your home’s basement, read on to learn how much it costs for this type of project.
Difference Between a Basement Remodel and a Basement Finish
Before we get started, let’s take a look at the difference between a basement remodel and a basement finish.
Remodeling a basement involves redesigning the space, making some structural changes, altering the layout, and even changing the purpose of the space. Finishing a basement makes over a basement without altering the use, layout, or structure.
Understanding the Costs
Many homeowners desire to finish their basement. A finished basement adds a lot more living space and can provide homeowners with a great return on investment. But, before diving in, it’s important to understand how much you will need to budget for your project.
With that said, it’s important to look at what factors go into a basement finish. One of the most important factors to consider is the cost of labor. In fact, contractors may charge up to $34,000 to finish a basement. Keep in mind that labor costs will typically account for 10 percent to 25 percent of the total project.
Another cost to consider is the cost of permits. On average, a permit costs around $1.350. But keep in mind that the cost of a permit will depend on your location, basement size, and scope of the project.
The next thing to consider is basement size. Naturally, the larger your basement is, the more it will cost to finish the basement. More specifically, the average cost of finishing a basement can range anywhere from $7 to $23 per square foot. Some things that will affect this price include the quality of the materials, labor fees of the contractor, and what your plans are for the space.
Another important cost to factor in is the quality of the materials. While using lower-quality materials is a way for homeowners to save, it isn’t always the best option.
To preserve the integrity and quality of the work, it’s best to use high-quality material for the best outcome. With that said, homeowners can choose which materials they want, but it’s best to make space in your budget for more materials that are of higher quality.
Hire a General Contractor in Palm Beach Gardens, Florida
Are you in need of a general contractor in Palm Beach Gardens, Florida? Here at Chris Barbara Development, we offer residential construction in Palm Beach Gardens, Florida.
Finishing a basement is the perfect way to elevate your property and boost your home’s equity. With that said, you need a home builder in Palm Beach Gardens, Florida you can rely on. Contact us today to start your basement project.