Typical Cost to Finish a Basement???

[VFX]

Anybody here know the typical cost to finish a basement?

I'm looking at some new construction houses & got quotes from the developer to finish off the basement.

Developer One:

$16k to finish a 750 sq ft basement with 3 piece bathroom.

Developer Two:

$22k to finish a 820 sq ft basement with 3 piece bathroom & 2 piece laundry room.

Developer Three:

$10k to finish a 800 sq ft basement with 3 piece bathroom.

Having never contracted any work before in Canada, I've no idea if these quotes are reasonable or not although it does seem that Developer Three are finishing off the work at cost price.

Also, this would be a perfect time to beef up the support to the main level for a big tank build

Any help, opinions & comments greatly appreciated.

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[Tarolisol]

I am doing my basement right now about 800sqf, my self with a with tiled shower, should end up costing about $4500-5000 with everything said and done.

[Glennrf38]

The ussual rule of thumb is labour = 1 - 1.5 * materials. So according to that rule, Sean's basement through a contractor should be $10000 - $12500. It's a good estimating tool.

[tgoeujon]

just got mine done and @ 1200sq ft it cost just over 15000, i had a tank room designed into the plan though and im pretty sure the cost went up due to the request as the guy thought i was nuts lol

[saltynuts]

when i did my basement i had them do the bathroom only.
i did the rest. the only thing someone else did was the tapeing and textureing.
about $5000 to do it all!

[VFX]

Very interesting thanks...

I wish I had the time (& skills!) to do the work myself.

So the quotes I've been given are actually quite fair by the looks of things.

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[saltynuts]

the bathroom is what will cost you the most!
have fun in your search.

[Flavio]

alot depends on finishes,there are price differences between drywalled ceilings and drop ceilings.you can send 5k or 9k on a bathroom alone,10k sounds about right for a regular basement of that size.the advantage of the builder is you have them for warranty as opposed to a contractor you may never see again.good luck.

[mark]

For our new place 3 years ago was getting quotes in around $20K.

After seeing a house a buddy had bought where the previous owners had just kicked over in excess of $20k for a crappy build, then all those Holmes on Homes shows, figured I'd do mine myself.

And a comment about the Home Warranty program, what a joke.

[BMW Rider]

It really depends on the extras. Basic framing and drywall won't be too much, but any cabinet work, upgraded fixtures or things like fireplaces will add up fast. You need to get the exact details from each developer on what that quote includes so you can be sure your comparing apples to apples.