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Quality Basement Finishing and Renovations in Ottawa

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Sometimes the answer lies right in front of our eyes, we just need to see it.

Often growing families need more living space in their homes. Recently Ottawa and surrounding areas have experienced big growth in the housing market. Families from different regions of Canada are moving in and subsequently, home prices are rising. Many Ottawa families find themselves in need of more living space but buying a bigger home is not always a viable option. One of the solutions is to renovate your existing home to accommodate your growing family comfortably. Basement finishing is an excellent way to add more usable living space.

Why Consider Finishing the Basement in Your Ottawa Home?

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Of course, having more room in your home is nice, but renovating your basement brings about many other advantages too.

  • You enjoy a lower cost of living space compared to building a new home or buying a bigger home.
  • You are able to continue staying in the area that you already know and have grown to love. 
  • Often the turnaround to get more living space is also quicker than buying or building.
  • Financing your basement renovation is also easier and faster than applying for a new mortgage or construction loan.

Basement Space Options

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Click on Each Option Below

More space for a growing family

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Before you notice, kids are spending more time on their own, inviting friends for sleepovers, or simply playing games with friends in the newly finished basement. All in all, they use a separate living space making those first steps to independence, slowly becoming young adults with their interests and their first living spaces.

Fitness at home:

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With recent developments in the fitness industry and gyms being opened and closed due to COVID-19 restrictions, more and more people use their finished basement as recreational rooms or exercise rooms. From having a stationary bike to a complete, small basement gym, staying fit at home is a priority for many homeowners. Working out in our homes is becoming a normal part of our life, and an important part too.

Working from home

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This was something few of us did in the past, but with lockdowns and stay-at-home orders through the COVID-19 pandemic, working from home became a countrywide norm for many people. As we spend more and more time working from home, having a comfortable yet separate space is very important. The finished basement is an excellent place to set up your home-based office. With proper planning and expert basement finishing services, it can not only provide for a professional working space but also help you keep your work-life balance healthy. 

In-law suites

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With rising home prices, and shifting family structure and living arrangements in Canada, many people these days occupy their homes together with their extended family. Elderly parents often move in with their children to be closer together as well as to help with grandkids. This arrangement is very typical and normal in many countries, and healthy for most families. But no matter how much we love our parents or parents-in-law, we want to have our own living space and give them their space as well. A properly designed and finished basement can easily provide that living space and bring two generations under one roof, comfortably and conveniently.

Rental potential

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For some families, the possibility of renting the lower level of their home to supplement their income and pay off some if not the entire mortgage is also very appealing. Professional basement finishing allows for creating a legal secondary dwelling, with a separate entrance, kitchen, bathroom, and bedroom. It is one of the best investments you can make. Not every house allows for that setup, but those that do are a prime opportunity for the homeowner to be mortgage-free faster or have that disposable income that we all can enjoy.

Many more possibilities lie untapped in your unfinished basement. But for now, let’s go over some of the most common questions that customers ask us about renovating their basement, or finishing that unfinished basement space in their home.

recent basement projects

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FAQ’S

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  • What is the cost of a basement renovation?

    Basement renovation costs is one of those questions that needs to be answered on a case-by-case basis. But we do want to give you some guidance as to what you can expect from typical types of basement renovations.

    Example 1

    Existing basement: Roughly 800 sq. ft basement in a relatively new building with cement floors, studded exterior walls with builder installed insulation, 8 ft ceilings with moderate amounts of duct-work, electrical panel with available breaker space and “roughed in” plumbing in general location for the bathroom, basement window of the appropriate size for bedroom. Project Scope: One bedroom, 3-piece bathroom (vanity, toilet, and shower), closed off mechanical room, all electrical by code plus pot lights, all plumbing by code, framing for all rooms, bulkheads and ceilings. Drywall on walls and ceilings, partition doors, window, door and base trim, paint, vinyl flooring. All accessories. Cost Estimate: With labour and all rough materials, you are looking to spend upwards of $35,000. For the choice of your finish materials, you will spend roughly another $4,000 to $6,000. So, in total, a project like this can cost you roughly $41,000. You are roughly spending $51.25 per sq. ft to have 800 sq. ft of finished living space. In contrast, if you take the cost of construction of a new home, for the year 2020, the prices have started at $250 per sq. foot. That does not include the acquisition of the land.

    Example 2

    Project Scope: Around 2010, we completed a huge basement project. It was over 3,000 sq. ft. of living space. It included a 3-piece bathroom, two bedrooms with one having a window enlargement and exterior interlocking to dress it up, gym room, office, kitchen, living room with a huge amount of custom built-in cabinets, and a gas fireplace covered in decorative stone. In addition, there was a laundry room with custom built-in cabinetry, floors were finished with tiles, laminate, and custom hardwood stairs to the basement. All in all, it was a massive project that took us close to 6 months to complete from start to finish. Every possible trade was involved—electrician, plumbers, framing and drywall, as well as finishing carpentry. Cost: The total project including all finished materials cost around $250,000. It was a second house. The project cost was in the range of $85 per sq. foot.

    How to Estimate Your Basement Finishing Project Costs and Timelines

    As you can see from the examples above, prices may vary depending on what you are looking to do with your basement, and what type of finish materials you are looking for. We generally do not price these types of projects on a per sq. foot basis, as each project is so different. Two basements with the same scope of work may have completely different prices. To help you plan your basement finishing project, here’s an idea of what you can expect:
    • A basic basement without a bathroom can start from roughly $35 per sq. foot.
    • A basement with a bathroom and standard finishing’s can start from roughly $52 per sq. ft.
    • A high-end basement will start at about $80 per sq. ft. and can go much higher.
  • How long does it take to finish the basement?

    • A basic basement without a bathroom can take 5-7 weeks to complete.
    • A basement with a bathroom can take 7-9 weeks to complete.
    • High-end projects can take from 2-6 months depending on what is being done, availability of materials, etc.
  • How do I get an accurate estimate for my project?

    Start by getting in touch with us using our contact us form. Select the basement project from the drop-down menu. Add a few pictures.

    We will call you with questions and set up a virtual tour of your basement. After we have virtually seen your basement, we will give you a preliminary estimate. If what you see is to your liking, we will set up a site visit, to take measurements and go over all the details.

    There is a $200 design fee that we charge for site visits for basement renovations. However, this fee is credited to your contract, so it’s technically a part of the job.

    Once we have visited with you, we create a project plan and present you with a final accurate estimate/contract. It usually takes about a week to turn around a final estimate.

  • Pricing and Cost

    Here we give you detailed knowledge of the industry costs and our company pricing. We have tried to provide information that answers the most common question, “How much does it cost?” For some of our services, we can provide very accurate pricing. For others, where the scope of work is broader, we give you an estimate. With pricing for basement and kitchen renovations, we can only provide a ballpark estimate, but if you need more detailed information. please contact us

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      Kitchens are complex renovation projects and often require a significant investment. Needless to say, a successful custom kitchen renovation adds tremendous value to your Ottawa home. Based on our experience installing kitchens in Ottawa, your preparation work, which would include walls, flooring, electrical, and some plumbing for an average size kitchen start from about $10,000. Your kitchen cabinets for an average size kitchen usually would start from about the same amount of $10,000. There are exceptions to this. We have installed many kitchens in basement apartments that cost less. The best thing is to reach out to us to discuss your project in detail. Below you will see some before and after pictures of kitchen renovations. We have also provided short descriptions of what was done and rough costs of the projects.

      To ensure the ease of the process for you and us, we remove the stress of all the supporting materials selection and simply leave it up to you to choose your finish materials. Even with that, help is available if you need to choose the right style of the cabinets or the functionality that will meet your needs. We can help you design your kitchen cabinets, or you can use one of many kitchen companies that will design and sell the kitchen cabinets to you. Perhaps you have already designed and purchased the cabinets and installation of them, such as the Ikea kitchen cabinet, and simply need to prepare the space for your new kitchen. We offer complete and partial kitchen renovation services, where you can have us handle the entire project, or we can do a partial preparation for your kitchen and a kitchen manufacturer will come in to install kitchen cabinets.

      At Miracle Dream Homes (MDH), we have been renovating, remodeling, and redesigning bathrooms and kitchens, and finishing basements in the Ottawa area since 2004. Our experience ranges from updating older homes to restyling newer ones, renovating for aging-in-place requirements, expanding smaller spaces for greater convenience and comfort, personalizing home designs and layouts, and much more. Our customers across the Ottawa area count on our skilled crews and the experience of our team to complete their home renovation projects on time and on budget.

      It takes about 10,000 hours of practice to master a skill. Tradespersons such as plumbers and electricians, when going through an apprenticeship program, take at least 5 years or 8,280 hours before they are fully ready to start working on their own. DIY enthusiasts often feel excited about projects such as bathroom renovations, kitchen remodels and basement renovations. Of course, it is exciting to think of a home makeover! However, it’s important to know that whether you renovate your bathroom, basement or kitchen, getting professional help will not only save you time but potentially thousands of dollars.