The cost of a basement remodel can vary, but in most cases, this project won’t be cheap. What you put into your basement remodel is what you will get out of it, so that initial payment can turn into a terrific return on investment. The average basement remodel will increase your home’s resale value. Next to kitchen and bathrooms, basements are ranked as one of the most valuable home renovations.
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] .
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.

Your basement will likely need to be fitted with additional wires to support more lights and electronics. You will need to hire a licensed electrician if you plan to install additional overhead light fixtures, outlets and other components that require additional wiring. The cost of electrical installations depends on the exact project, but licensed electricians tend to charge between $50 and $100 per hour.


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.
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.
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