Rephrased: The procedure for fixing drywall in your basement encompasses more than merely replacing it, unlike in other spaces. This process consists of constructing the framework, installing electrical outlets, incorporating insulation, followed by the placement of the drywall.
The cost of the drywall component when finishing a basement is around $1.50 – $4 per square foot. The average cost for drywalling a basement, including all finishing services such as framing, insulation, and electrical, is between $3,000 – $30,000.
Below is a breakdown of costs involved when drywalling your basement. We have decided to include all other services needed to get an accurate indication of the costs involved.
Below are a mix of per square foot and per 1000 sq. ft prices, which is the average basement size.
| Service | Quantity | Low | High |
|---|---|---|---|
| Cost to drywall a basement | 1 sq ft | $1 | $3 |
| Replace drywall in basement | 1 sq ft | $2 | $5 |
| Drywall 1,000 sq ft basement | 1,000 sq ft | $3,500 | $6,000 |
| Drywall 1,250 sq ft basement | 1,250 sq ft | $4,375 | $7,500 |
| Drywall 1,500 sq ft basement | 1,500 sq ft | $5,250 | $10,000 |
| Cost to drywall basement ceiling | 1,000 sq ft | $2,900 | $3,650 |
| Drywall basement labor cost | 1 hour | $50 | $90 |
| Waterproofing | 1 sq ft | $3 | $10 |
| Framing | 1,000 sq ft | $2,400 | $5,000 |
| Electrical cables | 1,000 sq ft | $1 | $1.65 |
| Insulation | 1,000 sq ft | $2,500 | $4,500 |
| Hang Drywall | 1 sq ft | $0.20 | $0.70 |
| Finish drywall | 1 sq ft | $0.40 | $0.60 |
| Painting | 1 sq ft | $3 | $7 |
| Electrical fixtures (lights & outlets) | 1,000 sq ft | $1,000 | $2,000 |
| Cost to Drywall a basement (only) | 1,000 sq ft | $6,400 | $11,650 |
| Cost to Finish a basement (All) | 1,000 sq ft | $14,500 | $34,100 |
Average Estimate: $ 24,300 for the basement finish and around $9025 to install drywall on the basement only.
Average cost to drywall a basement
The average cost to drywall a basement stands at around $2 per square foot or between $2,500 – $8,000 depending on the size of the basement. Finishing the basement will cost you anywhere from $6 to $25 per square foot.
If you hire a contractor, they may also quote higher for different types of drywall, e.g., green board, purple board, or fire-resistant board.
Cost to drywall 1,250 sq ft basement
Expect to spend anywhere from $4,375 – $7,500 on drywall installation and around $8,000 – $31,250 for the basement finishes. The total will depend on the materials you choose.
Cost to drywall 1,500 sq ft basement
For a larger 1,500 sq. ft basement you can spend between $5,250 – $9,000 for drywall installation, and around $6,000 – $38,000 for the complete finishing. These costs could also be double if you’ll use high-end materials.
Average cost to frame a basement
The average cost of framing your basement starts at around $0.80 – $1.50 for the material costs and approximately $2.40 – $5 when complete with drywall. For a standard 500 square-foot basement, you can spend as low as $1,000 to $2,500.
The actual costs you’ll pay will depend on the size of your basement, its conditions, and the finish option you prefer.
Cost to drywall basement ceiling
The cost to drywall your basement ceiling ranges between $2.90 – $3.65 per square foot. This cost is much higher than drywalling walls because the installation is more complicated and harder to finish.
The type of basement ceilings you choose will also be a critical factor in determining your overall costs.
Labor cost to hang and finish drywall
Most contractors charge between $50 to $90 per hour for the job. In terms of square feet, the labor costs to finish your basement drywall will mainly depend on the finish level.
There are generally six levels of drywall finish, all different depending on the work input required, I.e.,
Level 0 – Costs anywhere from $0.20 – $0.60 per square foot for labor. In this level, the drywall is unfinished and only screwed to the studs.
Level 1 – Cost ranges from $0.60 – $1.40 per square foot on labor based on your basement’s size. For this finish, the drywall has no joint compound, but the seams are done.
Level 2 – Labor costs start at around $0.70 – $1.40 per square foot. Drywall in this level is taped, mudded and hung, and skimmed with the joint compound.
Level 3 – The costs for this are around $0.80 – $1.75 per square foot for labor. The drywall is fully covered with two coats of joint compound and is lightly sanded.
Level 4 – labor costs range from $0.80 – $2 per square foot. Drywall under this finish is sanded till smooth, primed, and even painted with a coat of flat paint.
Level 5 – Costs range from $1 – $2.50 per square foot. It’s the highest level of finish, and it’s what’s popular in most homes. The finish is very glossy and barely has any imperfection.
Cost of electrical & fixtures in basement
The average cost of installing the electrical fixtures in your basement ranges between $1 – $2 per linear foot. However, most contractors will charge you around $90 to move any sockets or fixtures.
The more fixtures need repairs or replacement; the higher your costs will be.
Nonetheless, it’ll be cheaper to deal with the electrical for the entire basement and not standalone electrical fixtures.
Cost to paint a basement
The total costs to paint your basement will depend on the size, the condition of your basement, DIY or hiring pros, and the parts to be painted.
But generally, most homeowners spend between $3 – $7 per square foot on basement painting. Materials might cost you anywhere from $80 to $200 if you chose to go DIY.
If you also include the trims, baseboards, and ceiling in the project, your costs will also be higher.
3 Alternatives to drywall in basement
Besides drywall, there are numerous other materials that are budget-friendly and give amazing finishes on your basement walls. Some of the top drywall alternatives include:
Plywood
Plywood is a material made up of several strands of thin wood that’s popular among homeowners due to its cheap cost and easy installation. Besides their cost, plywood can also offer nice backdrops for furniture and potted plants.
Veneer plaster
Veneer plaster is the closest material to drywall that you can use for your basement walls. It’s much easier to use than the typical drywall and doesn’t require much skill to install.
Another huge benefit is that veneer plaster offers a better strength rating and more resistance to scrape and knocks on your wall compared to drywall.
Textured wall panels
Textured or 3D wall panels are excellent solutions for your walls because of their architectural appeal. It offers endless artistic designs for homeowners.
The material is made from plastic or a pressed paperboard, dense enough like an egg carton. They are more popular in restaurants and hotels, but they can also work well in your basement.
Shiplap Siding
Installing shiplap style wood singing indoors is a very trendy option these days to give your basement and outdoor rustic feel. Shiplap siding is costlier than drywall but is worth the extra expense of you are looking to impress.
Cheapest way to finish basement walls
Renovating your home is always quite costly. Most people waste thousands of dollars on these projects simply because they don’t know how to cut down their costs.
Here are some inexpensive ways to finish your basement.
Waterproof and paint basement walls
Instead of incurring the cost of drywall, painting your basement walls is a cheaper alternative. Paint offers you a variety of colors which increases your decorative options while also improving your wall’s moisture resistance.
Spray painting your basement ceiling will also give it a much authentic touch for the finish.
Plywood
Plywood is a great alternative to drywall as it is cheap and insulates well. You will still be required to install battens.
Try a drop ceiling
For deep basements, adding a drop ceiling is a cheap alternative that can give you an excellent finish. The advantage of this is that drop ceilings are easy to access and repair, they’re easier to add lighting fixtures, and their aesthetics are cool. They also offer good insulation and soundproof features.