The least expensive uses of the space are those that don’t require new utility lines and lack separate rooms, which spares the cost of additional framing, drywall and doors. It likely goes without saying that what you want to do with your basement matters quite a bit in terms of cost, with some uses inherently pricier than others. The trim can always be changed if you decide you want a different color scheme. You can leave it open (useful if you want to achieve an industrial look), use a drop ceiling, or use drywall cut-outs on it. First, look for dry rot or insect damage. Clogs in gutters can cause damage to your home’s exterior. The downside to using a HELOC loan is that you can’t afford to default on payments as you’ll damage your credit score and face foreclosure in worst-case scenarios. To that point, the NAR/NARI study asked homeowners how happy they were after the completion of their recent projects, and basement conversion received a joy score of 9.7 out of 10, with the vast majority of people reporting a greater desire to be home.
3. Cut out parts of the drywall where utilities have to be exposed. 1. Create holes in the drywall sheet to make room for utilities. A drop-ceiling installation involves fixing a second ceiling beneath the existing ceiling (which is the floor of the room directly above the basement). You need an installation kit if you choose this approach. 1. Choose between a vertical or horizontal drywall installation based on what best fits the space. 1. Measure the space from your ceiling to the floor, but cut out a quarter of an inch. For example, if you’re building out a rental, you’re going to need a kitchen, bathroom, bedroom, separate entrance, and fire safety precautions. The paint color you choose should tie into the bigger design aesthetics you’re aiming for with the project. Still, many people choose the simplest option: polystyrene foam, especially those going the DIY route with this project. Don’t forget to wear protective gear when handling polystyrene insulation material.
2. Hold the cut-out material to the wall to check for fitting. Once you’ve framed the wall, it is time to install any air duct, plumbing, or electric fittings that have to run through the walls before closing the wall frame. 4. Press the insulation to the wall and wait for a few minutes (the exact wait time will be indicated on the adhesive pack). 3. Install the drywall on the adhesive and wait for it to dry. 2. Apply some adhesive to the joists where the drywall sheets will go, starting from the corners and moving outward. 3. Coat the back with the adhesive for the insulation. 6. The seams between the insulation board and the floor, ceilings, and corners should be filled with caulk. Cut the insulation using a utility knife to the remaining length. This process involves lots of cutting and measurement, remodeling companies near me so you should keep the utility knife and tape measure close. 6. Use drywall tape on the seams to complete the process. 5. Fill up seams and cover up screw heads using drywall mud. We’ll cover the steps needed below, but you shouldn’t hesitate to bring in a professional if it all feels overwhelming to you.
10. Repeat the steps until you’ve completed the framing of your wall. 5. Repeat the process until you’ve covered every part of the wall. 5. Continue the process until you’ve properly covered the ceiling with sheets of drywall. The process of installing a drywall ceiling in your basement is similar to what you’d do when installing basement walls. This approach allows you to maintain access to any utilities already existing on the structural ceiling. 4. Install the ceiling tiles into the frame when complete. The kits are often a collection of interlocking tiles and frames. Once the utilities have been installed, it is time to close up the frames. Most states require you to hire a professional to handle the utilities part of the basement finishing. If you hire a professional contractor, labor usually ends up accounting for about 40% of the project cost. According to real estate website Redfin, the labor costs for finishing a basement range between $25-$100 per hour.