Enter the total basement finish cost and the total area of the basement into the calculator to determine the basement finish cost per square foot.
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Basement Finish Cost Per Square Foot Formula
The following equation is used to calculate the Basement Finish Cost Per Square Foot.
BFC = TC / BA
- Where BFC is the basement finish cost per square foot ($/ft^20
- TC is the total cost of the basement finish ($)
- BA is the basement area (ft^2)
What is the Average Basement Finish Cost Per Square Foot?
The average basement finish cost per square foot is as follows:
Low-end costs: $20-$30 per square foot
Mid-range costs: $30-$60 per square foot
High-end costs: $60-$150 per square foot
Below are some factors that can influence the cost per square foot for your basement:
- Size
- Floors
- Walls
- Ceiling
- Windows
- Electrical Wiring
- Storage Space
Finishing the basement is a great way to increase the value of your home while at the same time making it more comfortable. Using suitable materials and methods, you can create a proper space for entertaining and relaxing with your family.
