Basement Remodel

Project description

Finish the lower level of a house to create a 20-by-30-foot entertaining area with wet bar, a 5-by-8-foot full bath, and a 12-by-12-foot auxiliary room. Walls and ceilings are painted drywall throughout; exterior walls are insulated; painted trim throughout. Include five six-panel, primed hardboard doors. Main room shall include 15 recessed ceiling light fixtures and three surface-mounted light fixtures and snap-together laminate flooring system. Bathroom includes standard white toilet, vanity with cultured-marble top, resilient vinyl flooring, two-piece fiberglass shower unit, a light/fan combination, vanity light fixture, and recessed medicine cabinet. Bar area includes 10 linear feet of raised-panel oak cabinets with laminate countertops, stainless steel bar sink, single-lever bar faucet, undercounter refrigerator, and vinyl floor tile.

MarketJob CostResale ValueCost Recouped
National Average$43,865$34,80179.3%
Atlanta40,36532,12379.6
Boston48,98460,000122.5
Buffalo, N.Y.43,64014,00032.1
Chicago50,41040,00079.3
Cincinnati43,59021,46249.2
Cleveland47,06120,67143.9
Columbus, Ohio42,87722,00051.3
Dallas39,05027,50070.4
Denver41,99923,00054.8
Detroit47,34826,36055.7
Houston40,17541,316102.8
Indianapolis42,98130,23370.3
Kansas City, Mo.43,30831,00071.6
Los Angeles49,14038,83379.0
Miami38,57541,200106.8
Milwaukee45,86724,05052.4
Minneapolis51,23725,66750.1
New Orleans38,97036,91794.7
New York50,32049,92599.2
Norfolk, Va.34,06528,33383.2
Orlando, Fla.37,52226,11169.6
Philadelphia48,79230,25062.0
Phoenix40,75829,45572.3
Pittsburgh44,43623,75653.5
Portland, Ore.45,43630,11166.3
Providence, R.I.44,54654,750122.9
St. Louis47,09631,52566.9
Sacramento, Calif.45,54933,71474.0
Salt Lake City37,79923,12561.2
San Antonio38,94040,536104.1
San Diego47,48158,873124.0
San Francisco53,36668,442128.3
Seattle47,59547,855100.5
Tampa, Fla.36,33027,59476.0
Washington, D.C.39,67457,364144.6