What is the Cost of Basement Finishing in Burnaby?

The cost of basement finishing in Burnaby depends on the scope of the project, the size of the area, and the specific neighborhood. For a standard 800-square-foot basement, costs typically range from $30,000 to $50,000. On a per-square-foot basis, basic finishes including drywall, flooring, and lighting range from $30 to $60, while full basement suite conversions that include kitchens and bathrooms typically cost $80 or more per square foot.

Estimated cost ranges also vary by neighborhood:

  • Brentwood: $35,000 to $65,000
  • Metrotown: $40,000 to $70,000
  • Lougheed: $45,000 to $75,000

Additional local factors that influence the total price include permit fees, which generally range from $500 to $2,000, material sourcing in the Lower Mainland, and site-specific conditions. Hiring professional services for plumbing, electrical, and structural changes to meet BC Building Code and City of Burnaby bylaws will also impact the final investment.

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