A remodeled basement gives you additional living space without changing the footprint 1 of your home. Basements can be remodeled to become in home theaters, children’s playrooms, entertainment areas, and family game rooms. Because the steps to finish the basement are similar for most of these purposes, you can gain a lot of additional space and use from your home simply by finishing this area.
While basements get a bad rap at times, if built finished out or remodeled later on, they actually offer a wealth of extra living space for many purposes and activities. For instance, a media room, living room, wine cellar, wet bar, gym, office, playroom, man's cave, laundry and guest room are all popular choices for basement spaces. If you are lucky enough to live in an area where basements are a commonly built element of most homes, you may just be sitting on a myriad of abundant new living possibilities! We've included some of our favorite basement remodeling ideas and images below. Which do you like best?
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.
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] .
The basement is often a catchall storage space for everything from garden equipment to out-of-season clothes, holiday decorations, and memorabilia. As you remodel to make the most of your basement's square footage, plan for attractive, well-designed storage, too. Here, a wall of built-in ceiling-height storage closets give the illusion of a sleek white wall, but provides tons of space for knick-knacks and seasonal decor.
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.

This beautiful luxurious wine cellar basement with dining table is a haven for wine lover homeowners and their guest to enjoy and unwind. This wine cellar innovation is an efficient and proper way to store and keep vintage wine collection. Traditional custom made cabinetry with natural wood finish is the best choice for this wine cellar; it is designed to prevent airborne contaminants to spoil those vintage wines. The coffered ceiling with recessed lights, crystal chandelier and patterned flooring complete the traditional rustic style.
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.
Even if it's currently cold concrete and crammed with boxes of off-season duds, the lowest floor of your home probably has loads of potential. Treat it just as you would any of the rooms aboveground, and it might just become the most popular spot in the house—for a lot less cash than adding on. Here's our bottom-line advice for turning this underutilized space into a place you'll be eager to spend time in.
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.
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.
If you decide to go with a pony wall, you may be able to handle the project yourself (saving money). However, if you’re going to expand your house and need to install weight-bearing walls, you’re better off leaving it to the pros. Additionally, you or your pro will need to investigate building codes and local requirements to ensure you comply with structural guidelines. 
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