The True Basement Renovation Cost in Toronto

Do you still use your basement as a storage place? As you read these lines, a number of homeowners are already benefiting from the massive potential of their basement space. With our affordable basement renovation cost Toronto, you can fulfill your dreams and creative ideas. Curious to know more?

Our satisfied clients in Canada are well aware of the importance of preparation work. As a rule, a homeowner wonders if the idea is even feasible and what price tag to expect. But first things first, let’s start with the safety of your project before thinking about basement renovation cost Toronto.

Basement Waterproofing and Underpinning

Your house is like a living organism, and when something is wrong, the weak point can cause an illness of the whole body. Starting from the basement, your home should be safe and sound. And what if it’s not?

As much as we like to think that the foundation is reliable, the damage can sneak up on the homeowner out of nowhere. And you will never guess until the unexpected surprises are right before your eyes.

Among the unwanted guests are mildew and dust mites. These troublemakers ruin your house and your health, weakening the structure of the building and causing allergies.

Thinking in advance of the heavy rainfall or melted snow aftermath is crucial to prevent more money-consuming work in the long run. You can live worry-free as you choose to waterproof your basements without waiting for any challenges from nature.

Best Renovation Ideas for Your Basement

You may want to make simple changes like laying new floors or painting the walls (or even cover them with waterproof sealants), thus refreshing the space without hefty bills. Some homeowners go further, adding walls to divide the space or fulfilling other partial remodeling decisions, changing ventilation or light.

The most fundamental changes happen when a homeowner decides to make full remodeling. You may have your own brilliant ideas for your basement, fully planned and thought-through, but let us also give you some tips. 

You can transform your basement into a space that your family will use to share happy leisure hours. 

The most creative homeowners make home theaters; gaming, fitness, and other sports areas; some even go for small restaurants. Maybe you are going to set up a home office that gives you privacy and a calm space to think (at this, don’t overlook the soundproof work and carpeting to muffle the sounds).

A basement space can be transferred into a cozy living room with a fireplace. You may also want to add a kitchen, refresh the plumbing and electrical system, and add a bathroom, laundry, and a toilet. Among alternatives is an additional bedroom or a playroom for your little ones, where you can also keep all the abundance of toys that make some parents dream of an extra storage room.

Since the above-mentioned projects will lead to various quotes, be prepared to estimate the works.

How to Calculate Basement Renovation Cost Toronto

Whether a homeowner wants to upgrade the look and add value to the house, or the renovation is a necessity as the years go by, many of our clients admit that they feel uneasy about additional costs that may arise along the way. 

Take note that keeping your basement in check is crucial, as starting renovation early saves your money. It’s better not to wait for a wake-up call (like mould growing in the wet basement) when the quote rises as the damage is greater, and contact a reputable basement company.

When estimating the project, think of the following list beforehand:

• Basement size;
• Materials;
• Structure complexity;
• Inspections and permits;
• Company’s pricing.

There are obvious price factors like the size of the basement and the quality (and quantity) of materials, but there is also such money-consuming work as design that may involve different technical decisions to make a desired picture in your head a real image.

To accomplish your personal goals, the complexity of the rebuilding comes with a heavier price tag (for example, you may want heated flooring or a kitchen that adds plumbing and electrical work to your quote). It is another story with materials when you can go for less pricey ones and save a lot. 

Our team is always ready to advise you on affordable yet durable finishes and materials to help you make up your mind on the most advantageous choice.

The permits, inspections, electrical and plumbing work drive up the overall price, but there are peculiar cases when the project really needs them. You may want to make separate rooms and divide an open space. In this case, consider whether you want to soundproof additional walls.

To sum up, include in your calculations: 

• Waterproofing (exterior or interior), framing, and drywall; 
• Flooring and ceiling; 
• Electrical and plumbing;
• HVAC and ventilation;
• Additional materials;
• Permits and inspections.

Apart from the walls and flooring, make sure that you have thought about the ceiling as well. It may seem unnecessary for some homeowners, but it really is a part of a comfortable and homelike (and not basementlike) picture.

Approximate Estimate

Bear in mind that the quotes vary wildly and depend on a number of factors we have mentioned earlier. To prepare your budget, there is a guide to pricing. The table shows the recent range of costs.

Your price will depend on the scope of work and the design; it’s safe to say that if you are renovating 1000 sq. f., that your price could vary from $10 to $100 per sq. ft. Simple updates will cost about $10,000 to $20,000, and full remodeling can go up to $100,000.

Our clients get special offers, and we eagerly discuss prices. Contact us to ask any questions and get a free quote. 

If you have a basement that is 1,000 square feet, you can expect to spend about $45,000–$95,000 to reconstruct your basement. (Basement packages vary; the final price may be different.)

WillFix is a reputable basement waterproofing and underpinning contractor in Toronto and the GTA with more than 20 years of experience. Certified and licensed professionals and a custom-oriented approach helped us to bring to life more than 1000 projects.

We always think outside of the box, and our satisfied clients know our team of experts as a entrusted company that saves time and efforts of the homeowners and offers budget-friendly plans.

Basement Renovation Cost in Toronto FAQ