price of a walkout basement

Asked by Wen, 47401 Sat Jul 3, 2010

We are building a house on a lot with steep slope so the house will have a walkout basement. The house will be two story with total sq of 2800. According to the builder, due to the steep slope, the basement wall will be 12 ft high and the local code doesn't address the basement over 9'. We have to hire an engineer to design the basement so that the builder can follow. The standard price for the basement of 9' is 26k per the builder, what price is reasonable for the basement of 12'?

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Wanda Couch, Agent, Buford, GA
Sat Jul 3, 2010
i suggest contacting at least 2 or 3 engineers and ask them to give a price estimate for their work. Every home and lot is different. Have it in writing as far as what the estimate does and doesn't include. That helps prevent misunderstandings later. You can talk to other builders and ask what they usually charge for building basements with special requirements. Most builders stay pretty competivily priced in order to stay in buisness. My final suggestion is to check out your builder's reputation with the Better Business Bureau and past clients. Go out and look at his work. Quality craftsmanship is priceless.
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Wen, Home Buyer, 47401
Sun Jul 4, 2010
The engineer estimated the charge is about $700 for this design. This amount is very small compared with the total price of the basement.  The builder we are going to use is TK. It seems that TK is one of the best in this area in terms of price and quality but I will still need to check with its references.
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Ron Rovtar, Agent, Boulder, CO
Sat Jul 3, 2010
Hi Wen:

It almost always is best to get estimates from more than one builder and, perhaps in this case,more than one engineer. Also check references before you choose the individuals or companies.

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