Basement lowering is a big project that is generally undertaken to lower the position of the basement floor in order to create more space in both height and overall room space.
About Basement Lowering
Basement lowering is a complicated process that should be done by professionals specialized in this field. Doing it yourself is not the best idea especially if you do not have the skills or the knowledge on how to conduct the entire procedure. There are three main elements in the process of basement lowering and they include:
There are two main common methods of basement lowering that can be used and they include:
1. Basement underpinning.
With these three main elements in mind, you need to hire a company that is certified to have the knowledge and skills in all three fields. This company should be fully licensed and also have a liability insurance that will ensure that you get the highest quality of services.
Costs of Basement Lowering
The main reasons why basement lowering has become a prime project is because:
1. It adds space in the house for personal purposes.
2. It can serve as a source of income so you can rent it out.
3. When selling the house, the value does go higher due to the inclusion of a basement space.
The Main Cost of Basement Lowering includes:
- Engineering plan that could take up to four weeks at a price range of $2,000 to $3,500.
- City permit that could take up to four weeks at a price range of $400 to $600.
- The basement lowering process that could up to six week and should be directly quoted by the company you are hiring.
- Water proofing costs that have a price range of $120 to $180.
- Excavation costs that range from $300 to $350.
- The overall expenditure of basement lowering is estimated to have a price range of $20,000 to $50,000.
A professional will know which method is best for your home.
It is best to hire a licensed company to do this job as they will get it done proficiently.