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This would largely depend on the size of the room and what you want to do with it. In a very basic format consider the following:

1 day: subfloor

2 days: framing and insulation

1 - 2 days: electrical rough-in

4 days: install drywall and finish to paint-grade

2 days: painting and trim work

All of this assumes that you have done this work before. If not, add an extra day or two to each or hire sub-contractors to do the work. You must get a qualified electrician or your insurance will be null in the event of a fire. Building permit is always a good plan but often sidestepped in a simple re-fit. If you are in a strata-run (townhouse) complex, check your by-laws prior to construction.

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15y ago
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13y ago

A basic renovation/conversion like this should cost between $5,000 and $10,000 depending on materials selected and any surprises along the way. You will have to deal with electrical installation and mechanical (HVAC) venting into the room as well as insulation and sub-flooring. A DIY job by a competent DIY'er could get away with under $5,000 in materials, again depending on the size and complexity of the project.

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14y ago

$125 a square foot is typical for under roof renovations/remodeling (midwest) but you'll most likely need to remove the roof (headroom) so i would figure it around $150 sq.ft.

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