Average Conversion Total On average, fully converting a basement into a rental unit cost between $20,000 and $50,000 on the low end for only the basic necessities in 2011, according to BasementRefinshCost.com. A more average remodel project of a basement area with 1,500 to 2,000 square...
Basement Conversion The cost of a basement conversion ranges from$10,000 to $100,000. There are many ways to create a basement conversion and many levels of work. This accounts for the wide range of costs associated with a conversion. Conversions take previously finished or remodeled spaces and...
Finishing the basement has become a popular home remodel in recent years, and no wonder: It’s usually the least expensive way to add square footage and is usually easier than packing up and moving to a bigger house. A basement conversion is also customizable to each household, providing an ...
s usable square footage without having to alter its exterior, but you will likely add value to it too: The average basement conversion to a living area can deliver as much as an 86 percent return on investment, according to the National Association of Realtors’ “2022 Remodeling Impact ...