Basement Finishing FAQs
Q: What is the average cost for finishing my basement?
A: When considering a basement finishing project, you should know that our average cost is $20,000. The value of your home plays a crucial role in determining finishing costs. For example, if you paid $75.00 - $100.00 per square foot for your current home, you can expect to pay approximately half of that cost ($37.50 - $50.00) per square foot for your basement renovation in order to match the quality of your home.
Square footage, materials, electrical, plumbing and décor are all factors to consider, and will vary by project. A finished basement by The Basement Doctor means you are paying for an expert, licensed contractor to complete your project using only the best materials and highest quality construction.
The Basement Doctor offers financing options, as low as $160 per month to those who qualify.
Q: Does a finished basement add value to my home?
A: Adding more square footage of usable living space will increase the value of your home, but there are a lot of factors to consider to determine exact numbers. For example, windows, bathrooms, walk-out basements vs. underground, the region and the neighborhood, and of course the quality of the renovation all play a role. There is far less value added to your home when using sub-par materials and unlicensed contractors to complete the work.
Q: How long does it take to finish my basement?
A: The average size basement is between 600 and 700 feet. Depending on the package selected and items to be installed, homeowners can expect to have their basement completed by The Basement Doctor within 10 to 14 business days. For larger or fully customized basements, the average installation time can range from 3 to 6 weeks.
Q: Are permits required to finish my basement?
A: Depending on the area, permits may be required. The Basement Doctor will obtain all of the necessary permits to complete your basement finishing project, eliminating the stress from the homeowner, and ensuring that your renovation is completely to code for your area.
Q: Is The Basement Doctor bonded, licensed and insured?
A: Yes, all of the above. Hiring a contractor with the right credentials can mean the difference between a smooth renovation and a remodeling nightmare. Having these credentials protects homeowners by ensuring that the company has met all of the requirements to do work in their area and that they will stand by the quality of their work.
Q: What is the value of finishing my basement with The Basement Doctor?
A: An extensive basement remodel can require that a significant amount of waterproofing, insulating, plumbing, and electrical work be performed. Our basement finishing system and package provides everything a homeowner needs to transform their unfinished space, including insulated and moisture-proof wall panels, ceiling and lighting options, as well as the ability to add plumbing.
A homeowner in Springfield, Ohio, worked with The Basement Doctor on two occasions and made the decisions to finish his basement with us. From financing to finishing, he was most impressed with our professionalism and truly believes our work helped to sell his home.
FAQs about our System
Q: What makes The Basement Doctor’s finishing system different from other systems?
A: The MagicWall system is designed specifically for use in the basement environment where moisture levels tend to be higher than the rest of the home. Unlike traditional drywall methods, MagicWall uses mold and moisture resistant materials and has an incredible insulation value of R-16. While other systems may also resist water and mold, MagicWall is the only system that when finished, looks and feels like the rest of the home.
For a detailed comparison of MagicWall to other finishing systems, please click here.
Q: Do I have to waterproof my basement before installing the MagicWall system?
A: Before starting any finishing or remodeling project, it is best to start with a basement that is already dry, clean and structurally sound. That is why it is important to have one of our experienced project managers out to do an evaluation. With 27 years of waterproofing experience, The Basement Doctor can help to spot water problems before they find your new finished space and cost you more money.