Just read that Edmonton's average basement reno cost jumped 18% in a year

I was looking at a city report on building permits from the library website, and it said the average price for a finished basement here is now around $45,000. That's a huge jump from what my neighbor paid just a couple years back. Are people still finding ways to do these projects for less, or is that just the new normal?

2 comments

2 Comments

sean5021mo ago

Yeah, but that's an average, right? It gets pulled way up by those fancy full kitchen and bathroom jobs. A basic drywall and floor setup is still way cheaper if you're not trying to build a second apartment down there. Those city reports always make things sound worse than they are for a normal DIY-friendly project. It's only the new normal if you're paying top dollar for everything.

brian3031mo ago

Man, you're totally right about that average being skewed... I just finished my own basement with basic drywall, some cheap laminate, and a simple ceiling. Spent maybe a third of what those reports quote. It's the full bathrooms and kitchenettes that send the cost into orbit.