Basement Renovations: All You Need to Know

Luxury Basement Entertainment Area Large Open Space

Basements are one of the most highly valued rooms in homes because they are so versatile in use. The average homeowner is choosing to invest in their basement to transform it into a space that best suits their family’s or future tenant’s needs. Basements, once traditionally used as storage spaces, have become entertainment rooms or living quarters for tenants and family members. In order to do this, there is a need for a basement renovation or remodelling of the basement.

Basement Renovation Vs. Basement Remodelling

Basement remodelling and basement renovation may sound the same, and in fact, all three terms may describe a different basement improvement project. But there are differences. Check this out.

Basement Renovation

Basement renovation is a major project that aims to transform the use of a basement. For example, if you already have a finished basement, you may renovate it to include one or more of the following:

Basement Finishing Home Upgrades and Renovations

The process of renovating a basement is pretty straight forward with the right basement renovation expert.

Basement Remodelling

While basement remodelling follows a similar process as a basement renovation, there is a slight difference.

Basement Finishing Open Space

Basement remodelling usually involves changing the basement’s original blueprint, by either adding a wall or tearing one down. This also means that the homeowner must obtain a building permit for their basement renovation to guarantee the remodelling project complies with their city’s zoning bylaws. Renovating a basement, on the other hand, can be completed without the need for a building permit only because the basement’s layout will remain the same.

Every Basement Remodelling Is a Basement Renovation but Not Vice Versa.

Now that we’ve established the differences between basement renovation and remodelling, let’s delve deeper into what goes into each of these processes.

RELATED ARTICLE: Basement Renovation vs. Basement Remodelling vs. Basement Finishing

How To Renovate A Basement

So the first question you ask yourself is, “How can I renovate my basement?” Continue reading to find out.

1901 SQFT Basement Floor Plan

Prior to the actual work being completed in your basement renovation project, there is the planning of the layout, selecting finishing material, and signing paperwork, such as permits. Additionally, the plumbing, basement floorplan, and electricity must be looked into.

Many homeowners in Toronto opt to DIY their renovation project, and we think that’s quite a viable option. But to many, taking on a home improvement project of this magnitude may seem overwhelming. If this is the case for you and you have the budget to hire a professional to do it for you, then by all means. The right renovation contractor will know exactly what to do, sparing the hassle and trouble that goes into a basement renovation project.

Basement Finishing Design Ideas

Image of A Game Room with A Bar

Following the planning stages of your basement renovation, you will be asked for your basement renovation ideas. Now is the time to look into your colour scheme, budget, basement entrance ideas, and furniture plans. The basement is a relatively big space and that leaves lots of room to design and create the perfect space. Usually, homeowners don’t want to spend too much on a space that they don’t deem very essential to their living arrangements, i.e. the kitchen or bathroom.

Many homeowners, with the help of their contractors, are resorting to contemporary basement remodels. The ideal modern basement finds a balance between aesthetics and functionality. Your space needs to look good and feel warm. At the same time, it also needs to be comfortable and livable in such a way that it can be put to a variety of uses.

RELATED ARTICLE: 11 IDEAS TO CONSIDER BEFORE FINISHING YOUR BASEMENT

How Long Does It Take to Renovate a Basement?

You may be wondering how long it takes to finish a basement. Typically, renovating a basement can take between six and eight weeks. The basement renovation process is often completed with the help of trusted professional contractors using these steps:

Basement Framing Before Renovation

Framing and Doorways

Time: 3-5 days
Once you and your contractor have chosen where along your wall the new door will be the rest is fairly easy.

Electrical technician - finish my basement

Basement Electrical and Plumbing Rough Installations

Time: 3-5 days.
Plumbing pipes, ductwork, electrical conduits, etc., but not making the final connections.

Basement Contractor

Rough Inspection

Time: 1 day
Be sure to have your basement inspected thoroughly. Check for foundation or plumbing issues.

Drywall Installation - basement remodeling

Basement Drywall Installation

Time: 5 days
We begin by doing the framework and electrical work. Installation takes place over five days.

moose basement team painting walls in finished home - basement renovation

Basement Wall Painting

Time: 2-3 days
This requires time to apply the paint and let the paint dry.

Laying Laminate Floors Basement Finishing

Flooring Install and Trim

Time: 2-3 days, 2-5 days
Now that your basement floors are installed and looking amazing, it’s time to turn your attention to the finishing details of your space, like trim and doors.

Post-Renovation Cleanup by moose basements

Post-Renovation Cleanup

Time: 2-3 days
It takes skill, dedication, and time to renovate a basement. We guarantee all three for the basement renovation project and basement reno designs in your home.

Basement Renovation Cost

Basement Budget Financing

While the cost to renovate your basement may frighten some homeowners, many people are often surprised at how affordable the cost of finishing a basement can truly be. Here’s the breakdown of basement renovation costs.

Flooring and wall coverings like panelling are the biggest expenses, making up approximately 15% of the total cost to finish a 1,200 square-foot basement. Plumbing and electricity are next, at around 14% and 11% of the cost respectively, while interior carpentry needs such as trim and railings account for about 10%.

The basement renovation costs that remain may include things like drywall and finishing touches. Exact costs will vary for your basement renovation depending on basement size, whether extra features like a bathroom or kitchen will be included, and how quickly you want the basement renovation job completed.

We Can Help

Ready to start your basement renovation? Contact us today at 647-232-5353 for your free consultation.