It all depends on its current condition. Is it demoed and cleaned out, ready to renovate?
What type of flooring, HVAC, plumbing, electric needs to be done. If you want a french drain and sump pump system installed to waterproof the basement, that requires digging up the basement floor. Very labor intensive and can be costly.
A good guide would be about $24 up to $36 per square foot complete. maybe even less. Again, it all depends on condition now and what needs to be done. My guess would be approximately $14-$18K total.
Please feel free to call me if you would like a referral to very good, very competitively priced contractors. We manage over 600+ properties in the area and have used many contractors over the years to find the best and yet least expensive ones who are now our preferred service providers. We recommend only the best who we have had great experience with.
All the best,
Larry Lichtman, CNE
REALTOR, Property Manager
Your Real Estate Resource For Life
Cell/Text: (267) 254-7994
Real Estate Sales & Leasing
Property Management & Insurance
1611 Snyder Avenue
Philadelphia, PA 19145
Office: (215) 271-7070
What ever your building materials cost.... add 60 percent to that cost for hiring labor.
If U do it yourself? ...... you have Materials of Cost and twp certs ( if any) because you are doing it yourself and you dont need Contractors insurance and you may minimize permit cost too?
If you do the basement yourself Dont Drink till the end of day ;-)
All the Best! John Curci RE/MAX 215-757-2889