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What will it cost to develop my basement?

Basement rec room

Your home is perfect and you love the neighbourhood, but there is just not enough space for your growing family. One of the options may be to build an addition, however it is a major construction project and you will need to get designs done, get a development permit and it will be a while before you can enjoy your new space.

Option two is to develop or re-develop your basement. The process is much simpler and will take much less time to complete, a typical 1,000 square foot basement will take 4-6 weeks from start to finish. It is also a lot more cost effective since the building envelope already exists, all it needs is to be finished.

So what about costs? A good rule of thumb to use in Calgary at the moment is that it will take about $40/sqft in cost to develop your basement. Of course everything depends on exactly what you want to do and what kind of finishes you prefer. A wet bar with granite counter tops will run a lot more than a dry bar with laminate counter tops, and having no bar will further reduce the cost.

Here is a recent quote we provided a client to develop a 600 square foot basement, it included one bedroom, a rec room, bathroom and a utility room.

If you are thinking of developing your basement, please contact us, we would love to provide you with an estimate.

 

Amazing Kingsland Bungalow

Huge Kingsland Bungalow

70 Cambrian Dr NW