Quick Answer

Basement Finishing Cost in Saskatoon (2026)

Average cost in Saskatoon

$58,440avg

$30,000 — $130,000

$50 — $150 per sq ft

+5.6% YoY
9 sources
Updated 2 weeks ago
Saskatchewan

Cost Breakdown

Itemized
Framing & Insulation

Includes SK-code rigid foam

$4,500 — $8,500

15%

Plumbing & Electrical

Licensed trades & rough-ins

$6,000 — $15,000

20%

Drywall & Painting

Taping, mudding, and finishing

$5,000 — $12,000

20%

Flooring & Trim

LVP or carpet with subfloor

$4,000 — $15,000

20%

Bathroom Addition

Full 3-piece installation

$8,000 — $22,000

20%

Permits & Fees

City of Saskatoon inspections

$500 — $1,500

5%

🧾GST+PST (11%) — Saskatchewan
Base cost + $6,428 tax$64,868

GST+PST at 11%

📋What's Included

Scope

Typically Includes

  • Framing & drywall
  • Basic flooring (LVP or carpet)
  • Electrical (outlets & lighting)
  • Egress window (if required)
  • Painting
  • Basic bathroom rough-in

Typically Excludes

  • Full basement bathroom
  • Built-in bar or kitchen
  • Home theater wiring
  • Waterproofing (separate cost)
  • Permits & inspections

Assumes an unfinished basement with existing concrete floor and basic utilities.

🧮Estimate Your Cost

Interactive

Estimated Cost

$29,775

$23,820 — $35,730

Based on 9 sources and market data for Saskatoon. Actual costs may vary depending on specific project requirements.

📈Price Momentum

Year-over-year

~1 year ago

$55,341

Today

$58,440

Basement Finishing in Saskatoon is 5.6% compared to roughly a year ago — about $3,099 more on the average project.

Comparison derived from the year-over-year change rate, not a month-by-month price index. We don't store historical snapshots yet — when we do, this will become a real time series.

🏢Top Basement Finish Contractors in Saskatoon

Verified providers
🔨

SLC Renovations

29 Bell Crescent, Saskatoon, SK S7J 2W2, Canada

5.0
★★★★★

19 reviews

🔨

Hansen Interiors LTD

419A 50 St E, Saskatoon, SK S7K 6K1, Canada

5.0
★★★★★

15 reviews

🔨

Centennial Kitchen & Bath

2630 Millar Ave #1a, Saskatoon, SK S7K 4C8, Canada

4.9
★★★★½

195 reviews

🔨

Royal Renovators Construction Ltd

211 Thakur St, Saskatoon, SK S7W 0Z9, Canada

4.9
★★★★½

29 reviews

🔨

K & S Contracting Inc

120 23 St E, Saskatoon, SK S7K 0J2, Canada

4.7
★★★★½

72 reviews

Provider data sourced from public business directories. Ratings and reviews are public and may change. LookupCost is not affiliated with listed providers.

💬What People Actually Paid

Community

Common Questions

In 2026, the City of Saskatoon charges $0.38 per square foot for basement development permits, with a minimum fee of $167.00. Electrical and plumbing permits are separate and based on the value of the work.

A full legal suite with a separate entrance, kitchen, and fire separation typically costs between $65 and $120 per square foot. For a standard 700-800 sq ft suite, homeowners should budget between $54,000 and $131,000.

Real estate experts in Saskatoon estimate a return on investment (ROI) of 70% to 75% for a well-finished basement, significantly increasing property value and marketability.

Yes, Saskatchewan building codes require rigid foam insulation on exterior basement walls to manage moisture and extreme temperature fluctuations, which typically costs between $1.50 and $5.50 per square foot installed.

📊Our Methodology

How we collect data
1

Aggregated from 5+ verified web sources and cost databases

2

Licensed contractor estimates and regional cost guides

3

Government construction and labor statistics

4

Community-reported project costs and reviews

Last data collection: 2 weeks ago. Updates run weekly. All costs in CAD.

About this data

Cost figures are estimates synthesized from public market data using AI research and refreshed regularly. Real project costs vary by scope, materials, contractor, and site conditions. Always get verified quotes from licensed contractors for your specific project.

Spotted bad data? Let us know — we'll review and update.