Finishing a basement is large project and most of us aren’t as rich as the dowager of Downton Abbey. But if you want to finish your basement in 2013 it can be much less expensive than you might think.
Yes, if you hire a contractor to finish your basement then you might be spending around $35,000 dollars for a 1,000 square foot basement with a bathroom. But, if you were as bold as the dowager, you would do what I did and finish your basement on your own.
Doing the work yourself you could finish the same basement for about $12,000. That’s $23,000 in savings. That’s a pretty decent mid-size car. A semester or two of college tuition for your kid (yikes that is scary expensive) Or 10 summers of nice beach vacations. $23,000 is a lot of money.
Where are the Savings ?
The savings in doing it yourself is in the labor. Especially the labor for the electrical work (which is not as hard to do as you might think). Tiling a bathroom is expensive, but not if you tackle it yourself. Even the framing of the basement is something you can do on your own.
About the only area I didn’t find savings was in the drywall phase. I have a strong suggestion on what to do there.
What about Tools?
This is the best part. The $12,000 that I spent on my basement included a $1,000 or so worth of tools. Tools which I get to keep and use going forward.
Air compressor, nail guns, table saw, chop saw, impact driver – I didn’t have any of these. I found a great website for buying power tools at a deep discount, don’t pay retail prices!
You’re Not Handy Around the House?
Can I take a stab in the dark here… You’re not very handy around the house?
Am I right?
You have to call a plumber, electrician, handyman whenever you want something done? Am I on the right path here?
You can barely hang picture straight? I’m going to far now… right? Am I?
If there’s one thing I can attest to it’s that finishing your basement on your own will empower you. If you’re reading the website then you’re smart enough to learn everything you’ll need to know.
Don’t think of it as a giant home improvement project. Think of it as series of small learning experiences. Mini classes. Classes where you can take as long as you please to learn a new skill, apply it and then immediately enjoy the benefits of having it.
It’s the basement, it’s not like you’re disrupting your regular living space.
How Do You Even Start to Finish a Basement?
So this was the tricky part for me. Starting.
When would I have time? What do you do first?
The good news is that I’m a freak about taking notes. I’m like the Anne Frank of basement finishing. I wrote down everything I did and took pictures – lots of pictures!
If you want to read my entire basement finishing story, plus learn how to get starter on your project, check out my book. It’s an electronic full color book that you can download and read today!
The book has:
- tips for saving money on tools
- basement design ideas
- basement design files
- a detailed line by line budget
- 3 chapters on what to do about drywall
- 10 pages on saving money if you do hire a contractor
- and a bunch, bunch more
I’m not pretending that this project is for everyone. But even if you’re just curious about what “might” be possible. How it “might” work. Then this is the best way to find out.
Plus, people tell me it’s funny. I’m not sure how a home improvement book is funny but that’s what they say.
Cheers – Jason
Finish Your Basement is your 234 page guide to finishing your basement on your own.
Check on my video on the next page, plus some free bonus material. Even if you’re not sure about doing everything yourself, this book gives you an detailed account of the project so you’ll know what’s entailed.