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How Much Does it Cost to Remodel a Basement in South Elgin?

How Much Does it Cost to Remodel a Basement in South Elgin? Our Local Pros National Companies Other

What type of project is this?

If planning home renovation and enhancement, one thing that a homeowner must consider is basement remodeling in South Elgin. A basement is a big part of a home. Instead of leaving it empty or just being used as a storage area, it can be transformed into many different things that can be more beneficial for you and your family. A basement can be turned into a study area, office or a playroom for the kids. With the increasing demand for extra home space, basement remodeling in South Elgin is an ingenious solution that will produce plenty of benefits. It can also help in increasing the energy efficiency of a home because basement remodeling in South Elgin typically involves adding insulation to the walls, assisting in maintaining the temperature inside the house. Finishing a basement will also include waterproofing and fixing damages thus securing your home from potential water leakages and moisture buildup. Basement remodeling in South Elgin will not only provide your home with an extra room, but it will also add value to it. A home with a finished basement can attract possible buyers should you decide to sell your house in the future.

Fair price breakdown

Basement remodeling in South Elgin is considered to be a major housing project. That’s why it requires the attention of professionals. Before starting the project, it is important to secure the necessary permits and have the place inspected to ensure the legality of the project, especially if the basement will be divided into rooms or an additional bathroom will be installed. If you are thinking of computing for the cost, you need to start with a clear plan on what you want your basement to become. Will it be another bedroom? A playroom? An office or an entertainment room? This is important because you will have a better view and understanding of what materials should be used. Materials are a major contributor to the cost of a new South Elgin basement remodeling project. Additional lighting, insulation, drywall, paint, plumbing and furniture pieces will have an impact on the overall expense of the project.

Find the Best Costs on Basement Remodeling - South Elgin, 60177

The most important factor that will determine the cost of the remodeling is whether your project will be started out of scratch or not. Most people think that starting from scratch will be costlier, but in fact, it is less expensive. A remodeled basement from scratch that includes framing, installation of electrical wirings, drywall, carpeting, ceiling, and flooring can cost a homeowner around $9,463 to $41,401. Basement finishing in South Elgin is proven to be more expensive. Upgrading systems like HVAC, electrical system, plumbing and installation of floorings, insulations, drywall and ceiling cost between $13,000 and $30,000. However, given the value that it can add to your home, it is an investment that will surely pay off down the road.

Kane County Basement Remodeling FAQ

Absolutely. All construction companies and contractors always make it a point to engage clients in the designing stage of the project. It is your basement, so the main goal is to satisfy your needs. However, not all your design ideas may be accommodated due to some restrictions that your property may hold. If that is the case, you will be given other alternatives.

The project duration will depend on the size of the basement and the remodeling purpose. Normally, a basement remodeling project can take 5 to 10 weeks to finish.

You can but most companies do not recommend this. Usually, the supplies and materials are included in the contract that you will sign with a contractor. They may allow you to purchase the lights and small plumbing materials.

Last Updated: Sep 15, 2024

Local pros & Availability

Remodeling Contractors available in your area

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  • 1

    Stonehill Homes Limited

    Rating: 60
    South ElginIL  60177
  • 2

    Ganow Construction

    Rating: 60
    320 Division St. 
    South ElginIL  60177
  • 3

    Deck Masters Construction

    Rating: 93
    9 Concord Ave. 
    South ElginIL  60177
  • 4

    Aurora Venture Land

    Rating: 62
    2025 Mcdonald Rd. 
    South ElginIL  60177
  • 5

    All Pro Plumbing & Remodeling

    Rating: 71
    472 Concord Ave. 
    South ElginIL  60177
  • 6

    Quint G Inc

    Rating: 58
    725 Schneider Dr. 
    South ElginIL  60177