Typical Cost to Finish a Basement???

[VFX]

Anybody here know the typical cost to finish a basement?

I'm looking at some new construction houses & got quotes from the developer to finish off the basement.

Developer One:

$16k to finish a 750 sq ft basement with 3 piece bathroom.

Developer Two:

$22k to finish a 820 sq ft basement with 3 piece bathroom & 2 piece laundry room.

Developer Three:

$10k to finish a 800 sq ft basement with 3 piece bathroom.

Having never contracted any work before in Canada, I've no idea if these quotes are reasonable or not although it does seem that Developer Three are finishing off the work at cost price.

Also, this would be a perfect time to beef up the support to the main level for a big tank build

Any help, opinions & comments greatly appreciated.

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[Tarolisol]

I am doing my basement right now about 800sqf, my self with a with tiled shower, should end up costing about $4500-5000 with everything said and done.

[Glennrf38]

The ussual rule of thumb is labour = 1 - 1.5 * materials. So according to that rule, Sean's basement through a contractor should be $10000 - $12500. It's a good estimating tool.

[tgoeujon]

just got mine done and @ 1200sq ft it cost just over 15000, i had a tank room designed into the plan though and im pretty sure the cost went up due to the request as the guy thought i was nuts lol

[saltynuts]

when i did my basement i had them do the bathroom only.
i did the rest. the only thing someone else did was the tapeing and textureing.
about $5000 to do it all!

[VFX]

Very interesting thanks...

I wish I had the time (& skills!) to do the work myself.

So the quotes I've been given are actually quite fair by the looks of things.

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