When budgeting for a basement development in Calgary and surrounding areas, project costs typically span a wide range, generally falling between $30 and $100 per square foot, depending on your specific requirements. To help you plan realistically: Cost Breakdown & Budget: Basic finishing: $30–$50 per square foot. Standard finishing: $50–$80 per square foot. Premium/Custom finishing: Often exceeds $80 per square foot. Total Investment: For an average project in 2025, expect a total budget commitment ranging from $35,000 to $125,000. These costs are influenced by the quality of materials selected, the size of the space, and the inclusion of complex amenities such as new plumbing for bathrooms or wet bars.
FARMONY INC.
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