Add to this any custom work that you may want to have done to turn the basement into the type of room you have in mind, and the labor could continue to mount. Most people also find that they need a painter ($20-$35 per hour), and in older homes, asbestos 10 testing and removal ($1,500) is also recommended before the work can begin. For these reasons, many homeowners often choose to use a basement finishing system, which often has one set price for materials and labor (around $50,000 per basement) and decorate later as they choose.
An unfinished basement serves as a valuable blank canvas. The finishing process begins with basics such as hanging and painting drywall and installing plywood floors at a relatively low cost. Basement finishing means taking a space that currently is not livable and transforming it into a space you can use and enjoy. In an unfinished space, there may be nothing but a concrete floor, exposed pipes and electrical, and no walls or only the barest of wall framework in place. On average, the cost to refinish will fall anywhere between $6,500 to $18,500, or more for larger spaces.
Additions & RemodelsAcoustic CeilingsArchitectureCarpentryCarpet CleaningCleaningDecks & PatiosDemolitionDesignersDoorsDrywall & InsulationElectricalEngineeringFencingFlooringGaragesGlass & MirrorsGuttersHandymanHome SecurityHome TheaterHome BuilderHome InspectorsJunk RemovalHVACLandscapingMasonryPainting & StainingPavingPest RemovalPlumbingRoofingSidingSnow RemovalSolarSwimming PoolsTesting & AbatementTile & StoneTree RemovalWindows
Get estimates from several companies; request and check references. Understand exactly what is (and isn't) included in each estimate, and whether the contractor will do the paperwork for required building permits. Ask about the contractor's length and type of experience, especially if there's anything unusual about your project. Be sure a company is properly bonded and insured and licensed in your state[10] . See if there are any complaints with the Better Business Bureau[11] .
Concrete will always crack eventually, and any existing foundation must be inspected before a basement finish to see if it’s in good condition. Minor foundation crack repairs cost $620 or more to fix, while major repairs that require hydraulic piers can cost $10,000 to $15,000. If your foundation is sinking, mudjacking costs $3 to $6 per square foot to raise the slab.
How fast the job needs to be completed has a significant impact on the final price. A professional team can take a basement from framing to complete in about 45 days. A DIYer typically needs more time. If things need to be inspected, inspectors work on their own schedule, and if concrete needs to be poured, time must be allotted for it to properly set.
Storage is key in a multipurpose space. There are several storage units throughout this basement. An IKEA cubby bookcase is a perfect fit for the office niche. Orange baskets corral small items and add spots of color to the basement's storage solutions. Stock cabinetry did not fit in the bar or media spaces, so the homeowners opted for costly, custom cabinets. Experiment with different types of storage units in your home to utilize every possible space.
Sourcing supplies, clearing debris, and doing prep work can all help you save on basement costs. Consider what skills you have and talk with your contractor about what will shave money in each area. You may have the tools and strength to demo walls, which can save you several hundred dollars. Sourcing the materials for the pro takes this task off their labor time and saves you money. Doing prep work and finish work is also a way to cut down on total cost. Painting the walls yourself at the end of the project could save you hundreds of dollars. Negotiate all these aspects before signing your contract.
The cost of a basement remodel can be significant, but your potential return on investment is just as considerable. In addition to adding to your living space, the average basement remodeling project also increases your home's resale value. The National Association of Realtors considers basement remodels to be among the most valuable home renovations.

Additions & RemodelsAcoustic CeilingsArchitectureCarpentryCarpet CleaningCleaningDecks & PatiosDemolitionDesignersDoorsDrywall & InsulationElectricalEngineeringFencingFlooringGaragesGlass & MirrorsGuttersHandymanHome SecurityHome TheaterHome BuilderHome InspectorsJunk RemovalHVACLandscapingMasonryPainting & StainingPavingPest RemovalPlumbingRoofingSidingSnow RemovalSolarSwimming PoolsTesting & AbatementTile & StoneTree RemovalWindows
Maybe it’s just great extra space, a blank palette—there are so many awesome ways you can use the basement. A movie room, game room, family room or kitchenette can provide a special place for the family to bond and have fun. Man caves and/or woman caves have become trendy and there are plenty of modern basement cave ideas available to inspire your own private space.
After your new bathroom is complete, or you have remodeled an existing space, get it inspected to ensure all plumbing and electrical installation are done correctly. If your bathroom needs to be installed from the ground up, expect to pay somewhere between $6,000 and $15,000 for the entire project. If your basement is already finished but does not yet have the necessary plumbing for a bathroom in the space, you can expect to pay between $200 - $500 to hire a plumber.
The owners of this home wanted extra living space in their home, but their basement was too cold and drab to use for anything but storage. With our innovative finishing products specifically designed for basements, we were able to create a comfortable, beautiful space for the family to enjoy! The MillCreek flooring has an authentic wood grain top surface, printed on a solid vinyl base that can’t be damaged by mold, moisture, or insects, and the EverLast basement wall panels are engineered to never get moldy or rot. With the risk of humidity and moisture that's so common in basements, these products are the ideal basement finishing materials!
An unfinished basement, with its concrete floor and exposed joists, may seem dreary and cold. But in reality it is an enormous blank canvas just waiting for your inspired ideas and artistic vision. The fact is, you don't really need niceties like drywall and recessed lighting to create an inviting space. Before you begin, do what you need to do to make sure the space is dry and clean. Fix any water issues and apply waterproofing if necessary. Unfinished concrete flooring will produce fine dust if it’s not sealed, so you may want to consider applying a sealer. It’s an easy DIY project that will go a long way to making your unfinished basement a lot more comfortable and manageable to maintain.
All basements must have at least two exits, one being the stairs. Any work done without permits could delay the project or cause it to come to a halt. Some basement refinishing work has had to be completely demolished and redone according to code because of the lack of permits. Different building departments and cities will have different ways to calculate your permit fees, and below are two different examples of permit fees calculations using a formula based on the total construction cost:
Partitioning your basement into separate rooms transforms it from a storage and utility area to an inviting, warm living space. Framing the basement walls and ceilings makes a tremendous difference in the basement’s appeal. Installing interior walls in a large basement helps to hide expanses of empty space, instantly providing a feeling of coziness. Rooms that can be used for a media room, home office or bedroom will result in extra square footage, increasing the value of the home.
The cost of a basement remodel can be significant, but your potential return on investment is just as considerable. In addition to adding to your living space, the average basement remodeling project also increases your home's resale value. The National Association of Realtors considers basement remodels to be among the most valuable home renovations.

Pipes will have to be brought down, and a sewage pump and backwater valve might have to be installed to ensure proper drainage of effluent and bath/shower water if gravity doesn’t work in your favor. Take care to ensure moisture prevention with a dehumidifier and vented fan system. Many building codes have minimum dimensions regarding how close each fixture can be to the next.
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