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  • Plan the space according to your wishes and needs. Keep in mind that open floor plans work the best for basements.
  • Set your budget. Keep in mind that a basement renovation can cost $35 to $55 per square foot.
  • Choose an experienced contractor to save time and effort.
  • Perform a moisture test.
  • Obtain the permits. In Canada, a permit is a must for basement renovations.
  • Add insulation.
  • Have the plumbing and electrical system set up.
  • Install framing and drywall
  • Paint the basement. Go for light colours to make the space appear visually larger.
  • Install flooring. Laminate and tiles are ideal picks for basements.
  • Install ceiling to conceal the open beams and exposed pipes.