How much does it cost to finish basement drywall?

Average Cost to Drywall a Basement by Basement Size

Average Cost to Drywall a Basement By Size
Cost to Drywall a 1,000 square foot Basement Total Cost
Low Cost x 1,480 square feet $2,740
Average Cost x 2,220 square feet $8,880
High Cost x 2,960 square feet $17,000

Can I drywall my basement myself?

Yes, technically it’s possible to drywall by yourself but you would have to buy a drywall lift for the ceiling sheets and a couple of other support tools which of course add even more to the cost.

What supplies do you need to finish a basement?

For those DIYers out there, here are some tools needed for basement finishing/remodeling:

  • Hammer.
  • Tape measure.
  • Level.
  • Drill and drill bits.
  • Chalk line.
  • Crow bar.
  • Utility knife.
  • Caulk gun.

How much value does unfinished basement add?

While finishing the basement certainly adds to the value of a home, it’s not always as significant as you might think. According to Remodeling Magazine, the national average for recouping basement finish or remodeling cost is 79%….SHARES.

Market National Average
Job Cost $43,112
Resale Value $33,911
Cost Recouped 79%

How much will my taxes increase if I finish my basement?

Finishing your basement will increase the value of your home by 70 percent of the remodeling costs, according to Remodeling Magazine. But that doesn’t mean your property taxes will go up by that amount. How local assessors determine tax assessments varies widely and focuses on a variety of factors.

Is it worth the money to finish a basement?

Finishing a basement can be a good investment. According to cost versus value surveys conducted annually by Remodeling magazine, the average return on investment for a basement project nationally is currently around 75 cents on the dollar.

Is drywall the best way to finish a basement?

So you’ve decided to finish your basement and you want to do it right but you’re unsure of the best approach. Drywall is, of course, an almost universally popular construction material because of its relatively low cost, natural fire resistance, and ease of working.

What tools do you need to finish a basement?

There are plenty of tools needed to finish a basement. Some are simple and you probably already have, such as a hammer or level. If you don’t own a certain tool, you can try renting it from a home improvement store or local tool bank. You’ve got your tools and permits, considered your materials and your basement is water-free.

How much does it cost to finish a basement?

Well, that depends on one major factor…are you doing the project price to finish a basementyourself, or are you hiring a basement contractor to do the project for you? The price range between the two options will range from $10.00 a sq. ft. upwards to $35-45.00 per sq ft.

Do you need a permit to install drywall in a basement?

To get a permit, visit the website of your local government. Permit information can often be found in the Building Department. You never want to install drywall in your basement before checking for water or high humidity. That doesn’t mean that you can’t finish a damp basement, though.