The Cost of Basement Remodeling In Atlanta: A Comprehensive Guide for Homeowners

Is your basement sitting there, just waiting to be transformed into a fantastic living space?

Do you want to turn that dark and dingy area into the dream basement you've always wanted?

Look no further!

In this comprehensive guide, we'll break down the costs of basement remodeling in Georgia, and provide you with everything you need to know to get started.

By the end of this post, you'll have a clear understanding of what goes into a basement remodeling project and the benefits it can bring to your home.

The Cost of Basement Remodeling In Georgia

The cost of a basement remodel in Atlanta, Georgia, can vary greatly depending on several factors, including the size and condition of your basement, the scope of the project, and the materials and labor required.

On average, you can expect to spend between $75 and $140 per square foot for a complete, high-quality basement remodel.

Most homeowners that we service in Roswell and the surrounding areas spend between $120K and $250K+ for a basement remodel.

However, keep in mind that every project is unique, and your specific costs may differ.

Factors Affecting The Cost Of Remodeling A Basement

Size

The size of your basement plays a significant role in determining the overall cost of your project.

Larger basements require more materials, labor, and time to complete, leading to higher costs.

Condition Of Basement

The current state of your basement will also impact the price of your basement remodeling project.

If your basement is in poor condition, requiring extensive repairs, waterproofing, or other preparatory work, you can expect to pay more.

Scope Of Project

The extent of your basement remodeling project will greatly influence the overall cost.

Common basement renovation projects include adding a media room, game room, home gym, craft room, wine cellar, or wet bar.

The more elaborate your basement ideas, the higher the price tag.

Materials Selected

The type of materials you choose for your basement remodel will also affect the cost.

High-end materials, such as hardwood flooring, custom cabinetry, and luxury bathroom fixtures, will increase the price of the project, while more budget-friendly options can help keep costs down.

Permits

Before starting your basement remodeling project, you'll need to obtain permits from your local building authority.

Inspection fees vary depending on your location and the scope of the project, but they should be factored into your overall budget.

Labor Rates

Labor rates will play a significant role in determining the cost of your basement remodel.

Experienced professionals will likely charge more, but their expertise can help ensure a smooth, high-quality project.

Here at Ranney Blair Remodeling, we charge based on how much time we spend on your project, which benefits the client when it comes to larger, more complex projects like a basement remodel.

Additional Costs And Considerations

When planning your basement remodeling project, it's important to consider some additional costs and factors that may impact your overall budget.

Here are three key aspects to keep in mind as you prepare for your remodel:

1. Cleanup and Repair

Before embarking on your basement remodel, you may need to address any existing damage or clutter in the space.

This can include repairing cracks or leaks, removing mold or mildew, and disposing of old furniture or debris.

Depending on the extent of the cleanup and repair work required, these tasks can add to your overall project cost.

Make sure to factor in these expenses when setting your budget to ensure you're adequately prepared.

2. Waterproofing

Since basement walls directly contact the soil outside, water damage is a common concern for homeowners with basements. So it's crucial to address any potential issues before beginning your remodel.

Waterproofing your basement can help prevent water damage and protect your investment in the long run.

Waterproofing methods can range from applying sealants and installing sump pumps to more extensive drainage systems.

The cost of waterproofing will depend on the specific needs of your basement, so consult with a professional to determine the best course of action for your space.

3. Room Additions

Adding bedrooms, bathrooms, or other functional rooms to your basement can increase the value and usability of your living space. However, these additions can also drive up the cost of your remodeling project.

For example, adding a bathroom may require plumbing and electrical work, as well as the installation of new bathroom fixtures.

Similarly, a bedroom addition (or any habitable space in a basement) legally requires an egress window in Georgia.

If you're considering room additions, be sure to factor in these additional costs when planning your budget.

By keeping these additional costs and considerations in mind, you can create a more accurate budget for your basement remodeling project and ensure you're prepared for any potential expenses that may arise.

Remember to consult with professionals and conduct thorough research to help make informed decisions and create the basement of your dreams.

Benefits Of Remodeling A Basement

ROI

A finished basement can greatly increase the value of your home, offering a solid return on investment (ROI) when it comes time to sell.

According to Remodeling Magazine's Cost vs. Value Report, a basement remodel in the Atlanta, Georgia area typically recoups 79.6% of its value.

This is slightly higher than the national average of 79.3%! 

More Living Space

Transforming your basement into a functional living space can provide much-needed room for your family, whether it's for entertaining, working, or simply relaxing.

Improved Energy Efficiency

A basement remodeling project can help improve your home's energy efficiency by adding insulation and sealing any gaps or cracks in the basement walls.

This not only makes your basement more comfortable, it also makes your entire home more energy efficient.

Basement Remodeling: DIY vs. Hiring A Professional

While tackling a basement remodel as a DIY project may seem like a cost-saving option, it's important to consider the potential downsides.

Most remodeling projects require specialized skills and knowledge, and attempting a project without proper experience can lead to costly mistakes or even dangerous situations.

Hiring a professional project manager and contractor will not only ensure your remodel is completed safely and efficiently, but it can also save you time, stress, and money in the long run.

How to Save Money on a Basement Remodel

Budget-conscious homeowners looking to embark on a basement remodeling project may be wondering how they can save money while still achieving their desired results.

Here are some tips to help you save on your basement remodel without sacrificing quality:

Make A Plan And Stick To It

One of the best ways to save money on a basement remodel is to create a detailed plan before you begin.

By outlining your goals, design ideas, and budget, you can avoid making costly changes or additions mid-project.

Make sure to stick to your plan once the work begins, as unexpected alterations can quickly drive up costs.

Set A Budget

Establishing a realistic budget is essential for keeping your basement remodeling project on track financially.

As mentioned earlier, researching local costs, factoring in materials and labor, and setting aside a contingency fund can help you create a budget that meets your needs while preventing overspending.

DIY When Possible

While we've mentioned the potential pitfalls of a DIY basement remodel, there are still some aspects of the project that you can tackle yourself to save on labor costs.

For example, you could handle tasks like painting, installing simple light fixtures, or laying flooring if you have the necessary skills and experience.

Consider An Open-Concept Design

Opting for an open-concept design can save you money on your basement remodel by reducing the need for additional walls, doors, and electrical work.

An open floor plan can also make your basement feel more spacious and inviting, increasing its overall appeal and functionality.

Prioritize Energy Efficiency

Investing in energy-efficient upgrades during your basement remodel can save you money in the long run by reducing your utility bills.

Consider installing energy-efficient windows, insulation, and lighting to create a more comfortable and cost-effective living space.

Seek Professional Advice

Professionals can provide valuable advice on cost-effective design options, help you avoid potential pitfalls, and ensure your remodel is completed safely and efficiently. This could mean talking to contractors, electricians, or other remodeling professionals.

By enlisting the help of a professional, you can make the most of your budget and avoid costly mistakes.

Basement Remodeling FAQs

What's the difference between a basement remodel vs. a basement renovation?

While these terms are often used interchangeably, a basement remodel involves significant structural changes, such as moving walls or adding rooms, while a renovation is typically limited to cosmetic updates, like replacing finish materials or adding new bathroom fixtures. 

Remodeling projects tend to be more expensive and time-consuming than renovations, but they can dramatically increase the value and usability of your basement.

What is the most expensive part of remodeling a basement?

The most expensive part of a basement remodel can vary depending on the specific project.

In general, adding a bathroom, kitchen, or wet bar can be costly due to the plumbing and electrical work required.

Additionally, excavation, structural changes, and waterproofing can drive up the overall cost.

How do I budget for a basement remodel?

To create a realistic budget for your basement remodel, start by researching costs for similar projects in your area.

Consider the size, scope, and desired features of your remodel, and factor in material costs, labor rates, and permits.

Additionally, it's a good idea to include a contingency fund of around 5-10% to cover any unexpected expenses that may arise during the project.

How much does it cost to remodel a 2,000-square-foot basement?

The cost to remodel a 2,000-square-foot basement in Georgia can range from $150,000 to $280,000, depending on the factors mentioned earlier in this guide.

You can use our basement remodel cost calculator to get a better sense of how much your basement remodeling project will cost.

Keep in mind that these figures are approximate and can vary based on your specific project and location.

Contact Ranney Blair Remodeling For All Your Home Remodeling Needs

A basement remodeling project can significantly increase the value, functionality, and enjoyment of your home.

By understanding the various factors that influence the cost of a basement remodel in Georgia, you can make informed decisions and create a space that meets your needs and budget.

At Ranney Blair Remodeling, our team of expert designers and builders can help bring your dream basement to life, offering a range of basement designs and expertise to ensure your project is a success.

Ready to start your basement transformation? Fill out our contact form today or give us a call to get started!