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.
A finished basement has the potential to add value to a home, especially when it comes time for resale. The average basement remodel project can have up to a 70% return on investment. Home buyers typically prefer a house with a finished basement and may even increase their offer if that living space recently has been updated or remodeled. The finished basement also adds value by creating more living space in the home without having to spend thousands on an addition.
Working out from the convenience of your home is not impossible to be achieved.  Did you know that home exercise equipment is smaller than its commercial fitness center counterpart?  So, these equipment takes up less space in this multi-use basement home gym, which doubles as a yoga studio.  Exposed beams with track light gives this room an industrial inspired theme.

A finished basement is not always the same thing as a designed basement. Sometimes, the basement begins with the basics: walls, a ceiling, lights, and a floor. Gwen Hefner and husband Micah wanted to turn their tiny, airless basement space into a comfortable mancave. They had the basics to start with. The next step, Gwen says, would be a true test to her design skills.
There is no shortage of modern basement ideas to borrow from. Unused basements tend to get filled with every old and unwanted item in the house from worn out furniture to childhood memorabilia. Unfortunately, this is letting precious square footage go to waste. The basement is a perfect space that could be transformed into a warm and welcoming area for your family and friends to enjoy.
Boys will be boys. This small man-cave basement is fully equipped with the essentials a man would need in his hideaway retreat – a wall dartboard, a bar and a liquor cabinet. Texture painted ceiling in two tone colors and neutral color painted walls are balanced by the medium tone wood stain finish of the cabinetry, doors and bar stools. Wall to wall carpet adds a warmth and welcoming feel to the room.

A finished basement is not always the same thing as a designed basement. Sometimes, the basement begins with the basics: walls, a ceiling, lights, and a floor. Gwen Hefner and husband Micah wanted to turn their tiny, airless basement space into a comfortable mancave. They had the basics to start with. The next step, Gwen says, would be a true test to her design skills.
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.
Whether your basement is for a game room, man cave, yoga retreat, or movie room, this room has the potential to be the best room in the house. What color you chose depends on a few things, the most important being what is the tone that you want to set for the room? Followed closely by how the room will be used and who will be using it most. The color is really going to set the stage for this space so you want to make sure you have the right color before you commit it to your walls.
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!
Even if you do not use an online tool, plan extensively beforehand as to exactly what you plan to do. What color will the wall be? Will you put in any art? What flooring style will you go for? If your budget allows, you can consult an interior designer for recommendations. One advantage of such planning is that it allows you to set out a budget that you can work within, ensuring that you are not caught short of cash in the middle of your project.
Complete remodel of our walk-out basement. Gutted and replaced literally everything, from the framing to new custom windows and solid doors. Reconfigured plumbing and remodeled the 3-piece bathroom with high-end finishes; completed the laundry room, guest bed room with walk-in-closet, and family room with solid wood custom cabinetry/wet bar, island, built-ins, and gas fireplace with granite surround. Also demolished and rebuilt exterior concrete steps to basement entrance. All finishes are high-end and remodel included many upgrades (in-cabinet/under cabinet lighting, stainless-steel beverage center, central speaker system, etc.) Love the end-result but process was extremely long.

Also don’t forget: home gyms, wine cellars, theaters and craft rooms. The ideas are endless. Your goal should be to get as much value from the space as possible. If your basement is small, use it to fill a void such as an extra bedroom or additional organized storage space. If it is big, find several fun ways you can utilize the space and add value.
Drywall must be applied to any framed basement walls you have and must be applied to any additional walls used to create your basement bedroom. A standard 8’ by 4’ panel will cost between $10 and $20, depending on the thickness. The cost to install these panels varies, but most homeowners report spending around $1.50/sf. The total cost of your project will range between $1,152 and $1,982, with an average cost of $1,915 to install a wall.
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.
Creating a space that works, this rustic wood basement with a game table centered in front of the home bar for entertaining guests, friends and other family members. Stone flooring, wood wainscot panel and custom-built railings, cabinetry and bar counter in medium tone wood finish, carpet covered stairs and flooring provides a warm and welcoming feel. See more basement flooring ideas on this gallery page.

If you are going for a movie screening room, then go with a dark neutral, or simply go dark. You want the walls to recede and you don’t want a lot of glare from your projection equipment or tv. Make sure to use a flat paint and paint the ceiling in a dark neutral to prevent light from bouncing around and creating glares. For a classic, old world move theater feeling, go with a rich burgundy or deep navy.
You have three basic basement ceiling options when refinishing the space. Conceal the joists, pipes, and ductwork with drywall or paneling, hide everything with a suspended or drop ceiling, or leave everything exposed and paint it with a sprayer. Drywall brings the polish of main-level rooms to the basement. Here, light gray paint adds depth to the space and leaves a smooth finish.
Accounting for variables such as square footage, materials, electrical and plumbing, the average basement remodel ranges from $11,034 and $29,226. Some cost as little as $5,000, with top of the line remodels costing over $40,000. The average cost to homeowners is $20,126. Expect to spend between $10 and $35 per square foot depending on the changes made.
4. Interview basement remodeling contractors. You may be tempted to try and save money by managing a basement remodel yourself, but it's most likely worth it to hire a professional. Check affiliations, licensing and referrals and/or reviews from neighbors and friends before interviewing contractors for the final selection to be sure to avoid choosing a bad remodeler. Contractors who specialize in basement remodeling may be better equipped to handle your project.

The average cost of basement remodeling varies based on the square footage of the basement space, if structural changes are needed, and if you are adding in elements such as electrical work for a kitchenette or plumbing for a half bath. Other factors in cost include whether you have design plans already and what work you want done on the finishes such as trim and flooring. Here’s a breakdown of the various cost factors.


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 focal point wall is a great way to build architectural interest in the basement by installing brick tiles for durable and easy-to-maintain walls. This multi- purpose room and entertainment area, features a pool table, game table and home bar transforming a boring basement into the family room where everyone can relax, unwind and enjoy. Many finished basement ideas incorporate a home bar, game area and dining table to provide plenty of opportunities for entertainment and fun.
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