I just did this exact same basement in my house. I recommend not wiring for sound. I instantly regret having these ugly speaker outlets hanging out in the middle of nowhere.
I hope your basement is layed out better than mine. I swear the original builders lay out the water tank, ducts etc. in the most inconvenience of places.
The best thing I did was pay for someone to mud and tape. I am definitely not a "fine detail" type of handyman.
Best deals I got were I bought some awesome slate for my bathroom from my parents leftover supply for super cheap. (I know this doesn't help you). Also went to Deerfoot Carpets and they had end of the roll in just the quantity I needed. I ended up getting awesome quality carpet for less than lowest quality carpet they sell.
Have fun!
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