When it comes to basement remodels, the most costly way is to start with bare bones. If all you have is concrete walls and floors, you need to add framing, electrical, plumbing, flooring and trim. Basement finishing in a newer home that already has plumbing and electrical roughed in, a watertight foundation and some insulation installed—but no final finishes (like drywall or paint or carpet)—usually costs less than remodeling an already finished basement. This is because when you already have a finished basement, the pros will need to do demolition at the beginning of the project, which can add $500–$1,500 to overall costs.
Carpet use to be the gold standard for basement flooring. Its soft and homey texture blended perfectly in basement remodels across the country. Furthermore, according to our flooring cost estimator, carpet is cheaper than both tile and hardwood flooring. However, carpet has lost recognition over the years and when it comes to flooding, no flooring option is more expensive to fix than carpet.
Finished basement made use of existing materials and transformed it into an elegant basement living room. Painted concrete floors and concrete hollow blocks walls are painted in classic white and cool gray. Exposed beams are furnished with industrial lights which provide ample lights to the room. Comfy, soft upholstered sofas and accent chair in neutral colors adds coziness, perfect place to sit back and relax. Splash of patterns and colors from the area rug, accent chair and throw pillows gives a warm and welcoming ambiance.
Estimate the overall cost to install drywall in the basement at approximately $1.50 per square foot. The basic drywall panel measures 8-feet tall and 4-feet wide and is available in thicknesses that range from 1/4" to 5/8". This standard panel usually costs between $10 and $20. Price will vary depending on the brand, panel's thickness, and if it has any special features like mold resistance which may be beneficial for a basement space. Other material costs when adding drywall include the hardware to secure it to the framing, joint tape, and drywall mud.
The approximate costs and value of a typical Basement Remodeling project are summarized below. Use higher estimates for larger metropolitan areas and the lower estimates where home prices are below the national average. Adjust costs for substitutions or refinements in the last section. For size differences of up to 25%, scale total costs in direct proportion to the size of your project. Use the adjusted costs as a basis for setting a material budget and for comparing contractor bids (if you choose to have a professional perform the work).

Pure design genius animated this basement remodel from lifestyle blogger Landeelu. For one, she decided to paint her doors a dark color, giving them a custom look that stands out from the cooler gray walls. Next, she added pops of interest with unique items, like the aged gold ceiling light fixture from Joss & Main. The fireplace not only adds warmth to the room for guests, but provides a welcome focal point. The result is an adorable space that can now rightfully be called an integrated part of the home.
If serenity is what you are after, think watery blues with undertones of green. Blue can read differently in different light levels, what looks relaxing on the sample strip can look downright neon covering an entire wall, choosing a blue with green undertones will help prevent that electric blue look. These beautiful, watery colors will make your basement guest room feel light and airy. It will also provide a relaxing, outdoors vibe to a yoga or meditation retreat.

This contemporary basement design has several entertainment areas such as pool game area, granite home bar and more than a few seating areas are perfect for accommodating different interests and activities giving this game room personal charm and style. Modern drop lights combined with recessed lighting provides ample illumination to the whole area.


If time is critical, consider a basement finishing kit. A finishing kit has insulated wall panels, and some include a walkable flooring surface and ceiling material for DIY installation. Depending on the size of your basement, these kits can be installed in a weekend. However, the floor won't be carpeted, the walls won't be painted, and there will be no electrical or plumbing. Other features such as doors, trim work, and more also need to be added.
Do-it-yourself assessment The typical Basement Remodeling project involves tasks that are best performed by experienced professionals. Good quality Basement Remodeling requires considerable experience, skill and attention to detail. Do it yourself mistakes are noticeable, may be difficulty to remedy and may actually reduce the market value of the project and your home.
Transform your basement into a multi-activity area dedicated to have loads of fun. Oversized bean bag seats for relaxing, reading books or just a space for adults to spend quality time with the kids and keeping an eye on them while they are playing. Create a space for children’s games and toys by having a foos ball table and some miniature rocking chairs. Light tone laminated wood flooring is a good choice for this basement play area.
If a homeowner is seeking to make basic changes in order to renovate a basement, then it can cost as little as $1,000 - $6,000. This means the walls and floor will be waterproofed, then carpet, wall panels, upgraded flooring or improved lighting might be added to make a basement feel like a living space. The cost will depend on the initial shape of a basement, how many upgrades are made and whether or not a contractor is hired to make certain installations.

A traditional living room basement with a cool shade of lime color is perfect balance for the neutral shades of brown for the carpet, kitchen cabinetry, exposed beams, window treatment, door and other wooden furniture. The kitchenette is without an island. But has a corner home bar to give way to the large black leather sectional sofa which is perfect for movie night fun.

The approximate costs and value of a typical Basement Remodeling project are summarized below. Use higher estimates for larger metropolitan areas and the lower estimates where home prices are below the national average. Adjust costs for substitutions or refinements in the last section. For size differences of up to 25%, scale total costs in direct proportion to the size of your project. Use the adjusted costs as a basis for setting a material budget and for comparing contractor bids (if you choose to have a professional perform the work).
This fun and sophisticated football and baseball inspired sports room basement, features leather seats and sleek modern furniture is a perfect place for family members and friends to gather and watch Sunday night football. The display shelves of sports memorabilia draw attention to a collection of all those valuable and unique sports souvenirs. This basement combined with a home workout gym is designed to keep you fit while having fun.
This luxury home gym basement is perfect for the whole family’s fitness hub. This is a great idea to make the best use of that extra space and keep in tip-top shape at the same time. A fully equip workout area features a weight bench, treadmill, exercise bikes and other fitness accessories makes it very convenient way to lose those unwanted weights in the comfort of your home.

A luxurious modern basement home features a custom bowling alley room with two regulation size lanes, automatic Brunswick pinsetter machines, automatic lane cleaning/conditioning machine, secondary ball return storage rack, projection screen at the end of the lanes, medium tone wood plank flooring, wooden transition strip is incorporated onto the flush-mounted lane surface, different colored neon lights are installed on the walls adding a more modern accent , a mini bar and state of the arts swivel chairs.
There are several types of basement remodeling depending on the outcomes you want. Whether you have nothing but damp concrete walls and floors or you have a finished basement with painted walls, a pool table and a wet bar will determine the scope of work for your basement remodel and the cost. Here are some common basement remodeling projects that homeowners take on and their related costs.

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.

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