Nationwide, basement remodeling costs average $52,931-$74,974 for a project which includes a 20x30-foot entertaining area with wet bar, a 5-x-8-foot full bath, 24 feet of partition to enclose a mechanical area, painted walls, ceilings and trim throughout, exterior insulation, doors and electrical wiring, according to the annual cost vs. value report by Hanley Wood[2] .
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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Homeowners wishing to enclose basement appliances should take note of air-supply requirements for both the furnace and water heater, which are powered by electricity or natural gas, oil or propane. Fuel-burning appliances use room air for combustion and require an unrestricted air supply. Any enclosure requires installation of a louvered door between living areas and the furnace room to ensure an adequate air supply and ventilation in your basement. Without sufficient air, a house may fill with dangerous gases, including carbon monoxide or radon.
A luxurious contemporary basement opens to the movie and media room which showcases a drop round tray ceiling, recessed lights, light tone wood flooring and built-in entertainment center which stretches across one wall and doubles as bookshelves, provides extra storage for games, videos and other entertainment technology. A small pantry area provides convenience for food preparation and storage. Classic neutral colors add a sense of well-being, ease and coziness to the room.

Elegantly designed finished basement which features an arched entry leading to the home bar is an inspiration for a timeless European style design.  Light tone cabinetry provides more additional storage space.  Granite countertop blends well with the whole color scheme.  Neutral colored patterned ceramic tile flooring works well with the whole design scheme.

You already have stairs to the basement, but when you're doing basement renovations, make sure they meet code and look good. If they're not in a convenient location, consider moving them to a better spot. Codes vary with staircase configurations and baluster shape, so you'll need to talk to the building inspector about your plans. It's also a good idea to consult an architect or other design professional for help in designing a staircase that works well with your other plans for the space.


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.
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.

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.
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.
There are no hard and fast rules about wall color in a basement, but there are ways to make your color look it’s best in a space that often has no natural light. Ensure that your lighting is in place and adequate before deciding on a color, determine what the space will be used for, and consider the tone that you want to set for the space. Your basement is one of the few truly personal spaces in a home, make it yours!
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.
Many new homes are built with an unfinished basement. This saves money up front in construction costs and gives a family the opportunity to grow into their home. A lot of people choose to finish their basement in order to add living space for entertaining guests or as a hangout area. No matter what the reason, finishing a basement can come with a considerable price tag. However, it's generally a good investment as a basement remodel fetches 80% to 90% of its investment cost at resale.
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