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Updated almost 9 years ago,
30 day basement development - easier said than done
To make a sale in a tough market we had to include the basement development, and we had 30 days to do it. We prepared a tight schedule and stuck to it to meet our objective of having the basement done in time for the client walkthrough. Cost was close to $13k USD and $21.55/sq ft. This was over budget by about $1000. Costs/pics/schedule below. For further information on the hardship involved see our blog post. End result was very positive (client expectation surpassed). This is the fastest I have ever built anything, as I don't do much renovation and it was very time/management intensive to stay on track. I am interested out there in bigger pockets world, was this too expensive? Where could I have cut back? Note this was done in a high cost Canadian city (for labour in particular) and cost was adjusted back to USD. You read tales on bigger pockets of flippers rehabbing the entire house for less than 20k, yet I just spent 13k on a simple basement and bathroom development, and nearly a month of effort to get it done right and quick enough to meet my schedule.
framing | 562.5 |
lumber | 262.5 |
plumbing rough in to final install labour | 525 |
tile material only | 536.25 |
electrical | 787.5 |
tile labour | 483.75 |
lights | 75 |
quartz countertop material and labour | 450 |
cabinetry supply and install | 637.5 |
drywall to paint all inclusive | 4950 |
carpet supply install | 1368.75 |
cleaning and dump fees | 75 |
plumbing finish supplies | 506.25 |
finishing all in (doors, trim, materials) | 1200 |
mirror and shower door | 360 |
central vacuum tie in | 150 |
total | $12930 |
Cost per sq ft | $21.55 |