Edmonton basement development cost can vary depending on the type of basement you wish to develop. The cost of developing a basement in Edmonton will also depends on the square footage and size of the basement, the type of rooms that are required in the basement and the design and finishes of the basement development. Depending on the above items, a basement development cost in Edmonton can generally range from the low end $30/sq.ft to the upper $50/sq.ft. Again, all depend on the your requiements for the basement (this estimated cost is based on Contractor's cost). However, if you are your own contractor and are doing most of the general work yourself such as drywalling, painting, ceiling, finishing etc and only hire the 3 subtrades (electrical, HVAC and plumbing), then the cost will be even lower.

So, for a 600 sq.ft basic basement development, a Contractor may charge you about $20,000 - $25,000 to complete the basement. This would include the family room, a bedroom, a bathroom, drawings and permit fees. Mechanical room unfinished, no new HWT or furnace and no new openings in the exterior walls.

The General Contractor is basically charging you the construction management and coordiantion fees. This fees can range from 20% to 30% of the total construction cost of the basement development. If you can find a cheaper contractor who is willing to take a lower management fees, then your cost will be lower.

Here are some of the items you will need to consider for your basement development in Edmonton inorder to better control cost:

• do you want to finish the mechanical room? If yes, this can be costly due to the various existing building system items inside this room.
• do you want to develop just a regular basement or a secondary suite? Secondary suite is a legal suite and will cost more money due to strict City of Edmonton code regulations.
• do you require new openings in the exterior walls for new windows, doors and enlargement of existing windows? This work will definiately increase your cost due to permitting issues, construction cost and will require engineering as well.
• The rooms you want to have, the higher the construction cost. This is because more rooms will require more doors, more lighting fixtures, more wiring and etc.
• do you want a fire place in the basement? This will increase cost.
• materials and finishes will be one of the biggest factors that will affect your total basement construction cost in Edmonton. The tyoe of bathroom fixtures, the type of lightings, the floor and wall finishes, the type of ceiling finishes etc all will affect the construction cost.
• Do you need a new furnace? a new hot water tank, air conditioning or an additional furnace or HRV? All this will increase cost.

To learn more about basement development Cost in Edmonton, basement permits or to get a construction cost estimate for your basement, please contact us.

Learn more about permit requirements for basement development.