This online basement remodeling cost calculator is here to give you a basic estimate for finishing your basement. Finishing your basement includes many different variables, so it’s a good idea to get a good idea of the cost as early as possible. Circumstances, materials, and the like can change over time, but a good “ballpark” estimate will give you a basic idea of where you’re starting from. We provide you with this calculator so you can get a better understanding of roughly what finishing your basement will cost.
In modern homes, game room are starting to become an essential part of the house. The modern basement game room shown in the image above with mood lighting make this area look just like a high end nightclub. Gorgeous cone pendant lights over the pool table are ideal for a focused lighting which are perfect for the game. A stylish hideout for the man of the house and his friends.

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The first step in finishing your basement it keeping it dry. Basements often deal with a lot of moisture vapor and hydrostatic pressure, which allow water into an unprotected basement. Because of this, any finished basement has to be waterproofed first. First, test your basement for moisture vapor so you know how much moisture you’re dealing with. There are homes tests you can do yourself or you can hire a professional to do the test for you.
This plush basement home theater features a comfortable and stylish lounge seats, classic wall lights, black patterned carpet flooring, dark gray walls and patterned red ceiling; where guests’ movie room experience is elegantly superb. Home theater ideas such as this can be the perfect way to utilize a basement to transform it to a room the entire family can enjoy.
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.
Before you even consider color, you want to have lighting in the space figured out. If you don’t have any natural light, how are you going to brighten up the space? Will you use pot lights or track lighting, will you supplement with floor and table lamps? Your paint will look worlds different if you change your lighting after you paint, so try to sort out your lighting needs first.
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.

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.

Any project involving electrical, plumbing, or turning the basement into a livable space, requires permits. Plumbing must be done to code for proper drainage to avoid health issues. It also has to ensure flushing certain waste back into the sewer. Electrical issues can cause short-circuits, blown breakers, and fires. The chance of something happening increases if installation is not done properly from the start, including acquiring the proper permits. If creating a bedroom or other regular living space, permits are required. Emergency escape avenues (for fire and other emergencies) need to be in place as well.


Adding carpet to your extra bedroom is a great way to separate this space from your basement, and make the room feel like an escape. There’s nothing like getting up and putting your feet on a soft carpet. Another pro of carpet is that it’s cheaper than hardwood flooring, or other popular flooring options. The average cost to install carpeting is $1,628, with homeowners reporting prices between $862 and $1,831.
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.
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