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How Much Does it Cost to Remodel a Basement in Panama City?

Typical Range: $15,076 - $20,368

The average basement remodeling cost in Panama City is $15,076 - $20,368, but it could vary from $7,135 to $31,216. Discover the detailed price range here.

Info valid for your area through 06/13/2017

How Much Does it Cost to Remodel a Basement in Panama City?

If planning home renovation and enhancement, one thing that a homeowner must consider is basement remodeling in Panama City. A basement is a big part of a home. Instead of leaving it empty or just being used as a storage area, it can be transformed into many different things that can be more beneficial for you and your family. A basement can be turned into a study area, office or a playroom for the kids. With the increasing demand for extra home space, basement remodeling in Panama City is an ingenious solution that will produce plenty of benefits. It can also help in increasing the energy efficiency of a home because basement remodeling in Panama City typically involves adding insulation to the walls, assisting in maintaining the temperature inside the house. Finishing a basement will also include waterproofing and fixing damages thus securing your home from potential water leakages and moisture buildup. Basement remodeling in Panama City will not only provide your home with an extra room, but it will also add value to it. A home with a finished basement can attract possible buyers should you decide to sell your house in the future.

Fair price breakdown

Basement remodeling in Panama City is considered to be a major housing project. That’s why it requires the attention of professionals. Before starting the project, it is important to secure the necessary permits and have the place inspected to ensure the legality of the project, especially if the basement will be divided into rooms or an additional bathroom will be installed. If you are thinking of computing for the cost, you need to start with a clear plan on what you want your basement to become. Will it be another bedroom? A playroom? An office or an entertainment room? This is important because you will have a better view and understanding of what materials should be used. Materials are a major contributor to the cost of a new Panama City basement remodeling project. Additional lighting, insulation, drywall, paint, plumbing and furniture pieces will have an impact on the overall expense of the project.

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Find the Best Costs on Basement Remodeling - Panama City, 32401

The most important factor that will determine the cost of the remodeling is whether your project will be started out of scratch or not. Most people think that starting from scratch will be costlier, but in fact, it is less expensive. A remodeled basement from scratch that includes framing, installation of electrical wirings, drywall, carpeting, ceiling, and flooring can cost a homeowner around $7,135 to $31,216. Basement finishing in Panama City is proven to be more expensive. Upgrading systems like HVAC, electrical system, plumbing and installation of floorings, insulations, drywall and ceiling cost between $13,000 and $30,000. However, given the value that it can add to your home, it is an investment that will surely pay off down the road.

Panama City County Basement Remodeling FAQ

Absolutely. All construction companies and contractors always make it a point to engage clients in the designing stage of the project. It is your basement, so the main goal is to satisfy your needs. However, not all your design ideas may be accommodated due to some restrictions that your property may hold. If that is the case, you will be given other alternatives.
The project duration will depend on the size of the basement and the remodeling purpose. Normally, a basement remodeling project can take 5 to 10 weeks to finish.
You can but most companies do not recommend this. Usually, the supplies and materials are included in the contract that you will sign with a contractor. They may allow you to purchase the lights and small plumbing materials.

Last Updated: Mar 31, 2017

Local pros & Availability

Remodelers available in your area

1

814 Sand Inc

Rating: 76
12030 Florida 77
Panama City, FL 32401
2

Advanced Electrical Services

Rating: 80
2512 Holley Ln
Panama City Bch, FL 32408
3

Advanced Plumbing Services

Rating: 70
202 Fan Coral Dr
Panama City, FL 32401
4

Aluminum Builders & Supply Corp.

Rating: 63
2733 Orlando Rd
Panama City, FL 32405
5

Anderson Construction

Rating: 69
1729 Saint Andrews Blvd
Panama City, FL 32405
6

A.D. Anderson Contractors

Rating: 66
3415 W 19th St Apt 18
Panama City, FL 32405

Basement Remodeling highlights

  • Completely Revamping Basement Remodeling in Panama City, FL
  • Absolute makeover for a Home
  • Improving Homes in Florida
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Basement Remodeling in Panama City, FL - Costs 10 / 2025 - homeyou