To calculate the basement finish cost per square foot (BFC):
\[ \text{BFC} = \frac{\text{TC}}{\text{BA}} \]
Where:
The average basement finish cost per square foot is as follows:
Factors that can influence the cost per square foot include:
Let's assume the following values:
Using the formula:
\[ \text{BFC} = \frac{30000}{1000} = 30 \text{ per ft²} \]
The Basement Finish Cost Per Square Foot is $30 per ft².
Let's assume the following values:
Using the formula:
\[ \text{BFC} = \frac{45000}{1500} = 30 \text{ per ft²} \]
The Basement Finish Cost Per Square Foot is $30 per ft².