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Old 02-19-2008, 07:23 AM
 
Location: Cumberland Co., TN
11,069 posts, read 10,900,577 times
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Last I heard it was about and additional $10,000 to build a basement. As mentioned before high water table and rock are other factors. Im in middle TN, just from what Ive seen Id say at least 1/3 of the houses have basements. You also see some storm shelters around here in more rural areas that are built into banks or mounds.
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Old 02-19-2008, 10:46 PM
 
Location: Atlanta suburb
4,733 posts, read 6,461,497 times
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We were quoted about $20 - $25 a square foot to do a basement. For a 2000 s.f. one story house, that gets to be pricey at $40K.

Can somebody put a $$ on the going rate in E. TN? I don't mind haggling with a contractor as long as I have something to back it up with.
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Old 02-20-2008, 07:00 AM
 
Location: Cumberland Co., TN
11,069 posts, read 10,900,577 times
Reputation: 11137
Quote:
For a 2000 s.f. one story house, that gets to be pricey at $40K.
WOW. Its been awhile since I inquired and that was off the top of the head by family members that are carpenters.
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Old 02-20-2008, 10:49 AM
 
Location: south florida
35 posts, read 142,432 times
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I've been inquiring about the same putting together a budget. It all depends upon the area your in if they hit allot of rock it is going to be pricey but if not the average should be around $14 - $16 a square foot. Also location and access has allot to do with it.
A word of advice it is more cost effective to build up than out. I don't know your needs but if you plan on finishing the basement you just added another 2000'sf of living space. Just food for thought.

Quote:
Originally Posted by gemthornton View Post
We were quoted about $20 - $25 a square foot to do a basement. For a 2000 s.f. one story house, that gets to be pricey at $40K.

Can somebody put a $$ on the going rate in E. TN? I don't mind haggling with a contractor as long as I have something to back it up with.
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Old 02-20-2008, 01:27 PM
 
Location: Telford, TN
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Not sure, almost every home around us was originally built with a basement. I'll try to see what I can find out.
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Old 02-20-2008, 03:30 PM
 
240 posts, read 815,205 times
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Just out superior walls. They building basement walls and make sure it never leaks for life. They build it in the building and bring it out to the jobsite and set it up. It is great.
All the walls studs and ready for electrical. It cost me about 20000 total for 1500 sf of basement. It was also built below water level.
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Old 02-20-2008, 03:54 PM
 
Location: south florida
35 posts, read 142,432 times
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Quote:
Originally Posted by gemthornton View Post
We were quoted about $20 - $25 a square foot to do a basement. For a 2000 s.f. one story house, that gets to be pricey at $40K.

Can somebody put a $$ on the going rate in E. TN? I don't mind haggling with a contractor as long as I have something to back it up with.

Here is a bit of info for you. This is based on pricing in the Chattanooga area.
[LEFT][SIZE=2] Foundation Excavation: The crawl space area including backfill, are $250.00 to $500.00. Basements are $500.00 to $1,500.00 depending on the size of the house and terrain. A driveway that is 14' wide with gravel topping may cost $15.00 a lineal foot. Installing a culvert 18" will cost $225.00.[/SIZE][/LEFT]
[LEFT][SIZE=2] Septic System: Regular systems with perkable soils will cost $1,500.00 to $2,500.00.[/SIZE][/LEFT]
[LEFT][SIZE=2] Water: The meter hook up fee is $300.00 to $700.00. A well, depending on the depth will cost $3,000.00 to $5,000.00.[/SIZE][/LEFT]
[LEFT][SIZE=2] Fees: To survey a pin location only, will cost $250.00. Builder's Risk Insurance for a 1,500 square foot house cost $200.00 to $500.00. To get temporary electric service initiated, the cost is $150.00. Building permits cost $300.00. Septic permits cost $75.00.[/SIZE][/LEFT]
[LEFT][SIZE=2] Foundation: A crawl space with concrete footers & walls cost $30.00 per lineal foot. Basements cost $14.00 per square foot.[/SIZE][/LEFT]
[LEFT][SIZE=2] Plumbing: For a medium price range of fixtures the cost is $250.00 to $350.00 per fixture. Examples of plumbing fixtures are hot water heater, sink & toilet.[/SIZE][/LEFT]
[LEFT][SIZE=2] Electrical: Cost $2.00 to $3.00 per square foot of living area plus the cost of the light fixtures.[/SIZE][/LEFT]
[LEFT][SIZE=2] Heating & Air Conditioning: Heat pump or gas furnace cost $3,000.00 to $5,000.00 per system.[/SIZE][/LEFT]
[LEFT][SIZE=2] Cabinets: Standard kitchen with Formica tops cost $145.00 per lineal foot. Standard bathroom vanity with Formica cost $85.00 per lineal foot.[/SIZE][/LEFT]
[LEFT][SIZE=2] Floor Coverings: The average residential grade carpet & sheet vinyl cost $15.00 per yard installed. The average ceramic tile cost $5.00 per square foot installed. The average 1 X 6 tongue & groove pine flooring cost $2.00 per square foot installed and finished.[/SIZE][/LEFT]
[LEFT][SIZE=2] Painting & Caulking Exterior: Weatherall (UV Guard) with insecticide cost $150.00 per 5 gallon can (300 square feet coverage per gallon). Caulk cost $2.00 per 10.5 oz. tube (includes labor), 48-60 tubes per house. Interior cost $500.00 for materials and labor per 1,000 square feet of interior floor space.[/SIZE][/LEFT]
[LEFT][SIZE=2] Appliances: Kenmore brand or equivalent average cost: washer - $300.00; dryer - $300.00; range - $450.00; range hood - $85.00; refrigerator - $600.00; dishwasher - $300.00.[/SIZE][/LEFT]
[LEFT][SIZE=2] Finish Roofing: Asphalt Shingles - $40.00 to $50.00 per 100 square feet of roof area (materials and labor); plain tin roof - $100.00 to $110.00 per 100 square feet of roof area (materials and labor); baked on enamel metal roof - $175.00 to $250.00 per 100 square feet of roof area (materials & labor).[/SIZE][/LEFT]
[LEFT][SIZE=2] Fireplace: Masonry - $150.00 per foot plus rockwork; prefab - $65.00 per foot plus rockwork.[/SIZE][/LEFT]
[LEFT][SIZE=2] Rockwork: On chimneys & foundations; veneer flat rock - $5.50 per square foot of coverage (labor & materials); dry-stack - $11.00 per square foot (labor & materials).[/SIZE][/LEFT]
[LEFT][SIZE=2] Gutters: The average cost is $2.00 per lineal foot installed for gutters & down spouts.[/SIZE][/LEFT]
[LEFT][SIZE=2]Typical area cost for log homes: these are general ballpark figures with foundation in place. These figures do not include excavation or onsite improvements.[/SIZE][/LEFT]
[LEFT][SIZE=2] Garage & Basement: Complete with concrete slab & doors - $10.00 to $20.00 per square foot.[/SIZE]
[SIZE=2]Hope this helps these prices are a year or two old.
[/SIZE]
[/LEFT]
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