587-988-8780

FAQ's

Basement Renovation FAQ – Your Questions Answered

Planning a basement renovation? Our FAQ page answers your biggest questions about cost, timelines, remodeling steps, and custom features. Get expert insights to make informed decisions.

Book a Free Estimate

FAQs

Basement Renovation FAQ – Everything You Need to Know

When planning a basement renovation, homeowners often have concerns about costs, project timelines, customization options, and best practices. Below, we answer the most common basement renovation questions to help you confidently start your project.

The cost of basement renovations varies based on size, finishes, and structural work. On average:

  • Basic basement finishing: $40,000 – $50,000
  • Mid-range renovations: $50,000 – $65,000
  • Luxury basement remodels: $65,000+

Additional features like basement bars, home theaters, and custom storage solutions can increase costs.

Your basement remodel cost depends on:

  • Square footage – Larger basements require more materials and labor.
  • Material selection – Flooring, cabinetry, and finishes affect pricing.
  • Structural modifications – Adding walls, plumbing, or electrical work increases costs.
  • Labor and permits – Professional installation and inspections add to the total.

Basement Renovation in Spruce Grove costs anywhere between $35,000 and $70,000 depending on the quality of the materials and workmanship, square footage, and finishing selections. Custom items such as fireplaces, wet bars and custom cabinetry increase the cost further.

A standard basement renovation follows these steps:

  1. Planning & Permits – 1-2 weeks
  2. Framing & Rough-In Work – 3-4 weeks
  3. Drywall & Surface Prep – 3-4 weeks
  4. Final Finishes (Flooring, Paint, Fixtures) – 3-4 weeks

Total timeline: 10-14 weeks, depending on project complexity.

Adding unique features impacts costs:

  • Basement Bar Design – $5,000 – $15,000
  • Home Theater Basements – $10,000 – $30,000
  • Basement Laundry Room – $3,000 – $7,000

Custom-built elements like wine cellars, game rooms, or rental suites can further increase pricing.

The main cost factors include:

  • Basement size – A 600 sq. ft. basement costs less than a 1,200 sq. ft. space.
  • Type of flooring & finishes – Tile and hardwood cost more than vinyl or carpet.
  • Electrical & plumbing work – Additional lighting, power, smart features, sinks, and specialty plumbing fixtures increase the cost.
  • Custom features – Fireplaces, noise reducing insulation, custom shelving, tv niches, wet-bars, stair riser lighting, custom glass work etc.
  • Home builder deficiencies – Inaccurate or defective bathroom rough-ins, insufficient insulating or vapor barrier, electrical deficiencies, structural issues via beam and post issues, acute concrete deflections and cracking etc.

A full renovation with Square Win Basements will have the following schedule (based on a $50,000 basement)

After the design and quote are approved, paperwork is signed and a $5000 deposit is exchanged.

  • $12,500 (25%) is exchanged at the beginning of phase 1
  • $12,500 (25%) is exchanged at the beginning of phase 2
  • $12,500 (25%) is exchanged at the beginning of phase 3

 

Learn more about the 3 phases in the services section of the website.

And the remaining amount due is exchanged after the homeowner is completely satisfied with the product, in this example $7500.

The final payment will reflect any changes that have occurred to the scope during construction such as additional shelves or customer requested upgrades (common), unforeseeable issues with the homes existing plumbing/electrical (not common) etc.

Popular basement customization options include:

  • Home office or gym – Maximizing work and fitness space
  • Entertainment & bar area – Perfect for hosting guests
  • Basement Bedroom Design – Ideal for guest rooms, growing families or rental suites
  • Small Basement Remodel Ideas –  Smart storage, custom shelving and closet space, multi-use furniture, specialty lighting fixtures.
  • Fireplaces and TV niches – Electric fire places with a TV niche can be a cost effective way to add a focal point to a room.
  • Custom doors – A barn door or frosted glass doors to compliment the feel of the space.
  • Feature walls – An excellent way to elevate a space and add a wow factor to a room.

Moisture control is key for long-term durability:

  • Proper insulation & ventilation – Reduces condensation buildup.
  • Foundation repair – Fixes cracks that allow water intrusion.
  • Sump pump & drainage solutions – Prevents flooding and mold growth.

A successful basement remodel follows:

  1. Planning & Design – Establishing a custom layout, and pulling permits.
  2. Framing & Insulation – Securing an integral and structurally sound space.
  3. Electrical, Plumbing & HVAC– Installing necessary wiring, electrical devices, water lines, drains, and duct work.
  4. Drywall & Texture – Creating smooth, finished walls and ceilings.
  5. Finishing Carpentry – Elevating the space with beautiful trims and moldings.
  6. Paint & Prime – Sealing the drywall and adding clean, sharp color and cutlines.
  7. Flooring & Tile – Covering the basement floor with perfectly selected vinyl, carpet or tile.
  8. Bathroom & Lighting Fixtures – Completing the bathroom and lighting up the basement.
  9. Cleaning & Touch-ups – Ensuring quality and satisfaction.

Absolutely! With our expert design team & our incredible layout program we can turn any unfinished basement into a functional and beautiful space.

Small basement remodel ideas include:

  • Multi-functional furniture– Murphy beds, fold-out desks, or storage benches.
  • Lighter paint colors – Makes the space feel larger.
  • Smart lighting solutions – Enhances brightness and openness.

A full basement finishing timeline includes:

  • Planning & Permits – 1-2 weeks
  • Structural Work – 3-4 weeks
  • Drywall Finishing – 2-3 weeks
  • Finishing Touches – 4-5 weeks

Total timeline: 10-14 weeks depending on customization and scope.

Your Guide to Basement Renovations – Costs, Timelines & More

Planning a basement renovation comes with many questions—from costs and timelines to the best remodeling features for your space. Whether you’re considering a full basement finishing project or looking to upgrade specific areas like a home theater, basement bar, or guest suite, having the right information is key to making informed decisions.

At Square Win Basements, we believe that transparency and expert guidance are the foundation of a successful remodel. That’s why we’ve compiled this comprehensive Basement Renovations FAQ, covering everything from cost breakdowns and renovation steps to custom features and moisture control solutions.

Our goal is to help homeowners in Spruce Grove, Stony Plain, and surrounding areas confidently navigate their basement renovation journey. No matter the size of your project, our team is here to ensure a smooth, stress-free renovation process from start to finish.

Let’s Build the Basement of Your Dreams!

Your basement has unlimited potential—let’s bring your vision to life! Whether you’re starting from scratch or upgrading your existing space, Square Win Basements provides expert design, seamless development, and high-quality finishing tailored to your needs.

From cozy family retreats to stunning entertainment spaces, we make basement transformations stress-free and built to last. Contact us today to start your journey with a team that delivers craftsmanship, integrity, and exceptional results.

Start Your Basement Journey Today!

We are a locally-owned business. Proudly serving Stony Plain and Spruce Grove.

Navigation

Services

Leave Us a Review
Facebook-f Google

© Copyright 2025 Square Win Basements. All rights reserved

Edmonton, Alberta website design by Blue Lotus Creative.

Ready to Start Transforming Your Basement?

Get in touch with Square Win Basements today! Let us help you reimagine your space with expert design, development, and finishing services tailored to your needs.