Renovation Cost per Square Foot in Toronto

Is your basement looking like something out of a scary movie? Cobwebs and dust everywhere, boxes stacked in disarray because you have been using your basement as an abandoned storage room.

That old basement can be reinvented into a room that you will be genuinely proud of; and you might even be able to turn your basement into a way to generate some extra money following the renovation.

Some of the options you have for renovating your basement include the following suggestions:

  • The value of your home: When you renovate your basement into a useful area of your home, you will also be increasing the value of your home. Not only will you now have more useful square footage available future buyers are going to like the idea that you have a basement that looks beautiful.
  • Rental income: You can renovate your basement into an apartment, complete with kitchen and bathroom; in order to generate some additional income each month for your household.
  • Create a balance between work and home life: You have the option of turning your basement into a home office; or a home gym. That way you can save the money you were once spending at the gym.
  • Create a better place for storage: Even though you already use the basement for storage, you can have a professional basement renovation team create a neater, more organized area to put your storage and supplies. Instead of the unfinished walls, you can have walls that are finished and painted and an area that is a pleasure to go into when you retrieve any stored items or bring new items down.

When renovating your basement in Toronto you are going to need to know how much the renovation is going to cost per square foot. Depending on how many square feet your basement is, depends on the price per square foot; the more square feet, the less it costs per foot.

An estimate on the average square foot prices for a basement renovation is about $20 to $25 per square foot for an area that is 1000 to 2000 square feet; an area that is 500 to 900 square feet costs $30 to $35 per square foot. As you can see from this example, the more square feet your renovation is the less it is going to cost per square foot.

In addition, the professional team guarantees to have your basement renovated in about two to three weeks, of course, this is dependent on the size of the job. The contractors and the rest of the renovating team are aware how important it is that you have your basement back and in good order as soon as it is possible.

So if any part of this describes you and your basement issues, give the professionals a call and have their contractors come to your home to give you an estimate on how much it is going to cost per square foot to have your basement renovated in Toronto.