Here are all you need to know about Basement Renovation
Either you have an unfinished basement and want to finish it OR you need to improve the livability of the existing basement through renovation, you are adding value to your home, which is great!
There are several concerns in every renovation and basement renovations are not excluded:
Permit Cost & Waiting Period – North Vancouver Basement Renovation
The cost of a building permit is a factor in your renovation cost. Renovation cost varies based on the expectations of the finished product and the needs. Just to have some idea in general:
- The average cost to finish a basement is generally between $25 and $50 per square foot, but costs can go as high as $90 per square foot depending on how extensive the renovations are and the materials and labor you choose. For most basements, the average cost works out to around $40,000.
- The cost to finish a basement and turn it into a livable space ranges from $6,500 to $18,500 on average.
- Basement remodeling projects — to improve or replace existing features — tend to cost between $20,000 and $200,000.
To get a better understanding of permit costs, please visit the related authorities.
As for the application waiting period, the current wait time for a building permit in the city of North Vancouver, District of North Vancouver, and District of West Vancouver is about 6 to 8 weeks.
Basement Renovations in Vancouver – Cost & Waiting Period
Building in the City of Vancouver is a lengthy and complicated process. To understand the process for renovating a basement suite in Vancouver, Contact Arani construction today.
Basement & Income Suite Renovations
Basement Finishing automatically increases the home’s value in all markets and increases attractiveness. The extra space in your house that is achieved by renovation in the basement can be used for creating new rooms for kids, gyms, kitchens, bathrooms, bars, entertainment rooms, meeting rooms, and even income-generating suites. We also design in-law suites and family spaces to your unique specifications.
Some more factors to consider when designing the space for renovation are: can this space be comfortable to live in? Can the light get into space or how it get natural light? Is the heating and cooling of the basement the same or similar to living standards? Does it need additional ventilation?
All these elements have to be considered before starting a project. Our Vancouver specialists would help you decide and pick the best floors, kitchens, bathrooms, and colors for the walls that are essential in the living space.
We offer the following basement and income suite renovations:
- New bathroom construction or existing bathroom renovation
- New kitchen construction or existing kitchen renovation
- Fire-resistant insulation
- Separate entrances
- Window installation
- Electrical work
- Separate heating installation
- Drywalling/boarding, taping, mudding, and sanding
- Crown moldings, baseboards, and other detail work
Arani Construction offers complete basement and income suite renovation services in North Shore. We also contract projects in the cities of Vancouver, Burnaby and Coquitlam.
- Are you planning to accommodate international students and need to get prepared for that?
- Do you need to add a legal suite in your basement to assist you with the mortgage?
- Do you need to finish your unfinished basement?
- Do you want to rent your basement and need to make it separately livable?
All you need to do is contacting us and we will be happy to help you out. To get started, you need a quote. Please fill in the application form here or give us a call.