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.
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.
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 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.
Planning is the first stage with any basement bathroom installation. For a basement that's designed as a recreation room, work space, or kids' play area, a half-bath (stool and sink, but no shower or tub) is adequate. A basement with bedroom or en suite needs a full bathroom. Knowing how you plan to use the basement living space typically dictates the functional purpose of its bathroom.
Adding or enlarging basement windows and adding exterior doors are jobs for a professional, but the resulting natural light and ventilation will significantly increase your enjoyment of this living space. To add below-ground windows you'll need to dig a window well. The retaining wall for the well may be made of masonry, limestone blocks, or treated landscape timbers, as in this window well. The terraced timbers serve as pot garden perches as well as steps for an emergency exit.

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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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.
Basements are ideal for casual social activities for the whole family, or just for the kids. It's the perfect spot for the big screen TV, pool table, and to stash board games and craft supplies. Make this space inviting by finishing and decorating it like any upstairs room. Choose comfortable furnishings that can be easily rearranged to accommodate a few people or a crowd. Incorporate sound systems, internet connections, and good lighting to make the basement design functional.
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.
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.

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.


Once you’ve completely waterproofed and your basement is protected, you can move on to the room’s interior. Choosing the right flooring is an important part of making your finished basement truly your own. The type of flooring material you choose will definitely factor into your final price, so choose wisely and pick the floor that’s best for your finished basement.
In addition to floors and walls, upgrading your basement ceiling is another option to consider. Finishing your basement creates a new room in your home and a part of any room is the ceiling. While it’s cheaper to leave the ceiling the way it is, many basements have exposed wiring and duct work that service the home above. In certain cases, leaving all this exposed may be the better option, but for others, upgrading the ceiling could be the right choice. Understand that any addition to the room will up the overall price, so be sure to make the right choice for the space and your wallet.
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.
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.
This traditional home basement is redesigned to be an adult’s retreat spot. The game area features a poker table with black leather chairs, the sectional sofa and ottoman by the fire place are made of brown leather and a small counter with bar stools. This entertainment area opens and flows out to the basement’s wine cellar. Decorative stones which are used for accent walls, arch ways and fireplace adds warmth and coziness to the room. Homeowners could entertain many friends in a fun place like this one.
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