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.
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!
There are several types of basement remodeling depending on the outcomes you want. Whether you have nothing but damp concrete walls and floors or you have a finished basement with painted walls, a pool table and a wet bar will determine the scope of work for your basement remodel and the cost. Here are some common basement remodeling projects that homeowners take on and their related costs.
So you have decided to turn your musty junk-filled basement into a warm liveable space. Or maybe you are already using the basement but want to style it up a notch. Basement design ideas are limitless. Whether you want a cool chic look or a more dramatic themed basement, the choices are endless. But before you decide on the style you want for your new finished basement, here are a few things to consider.
After your new bathroom is complete, or you have remodeled an existing space, get it inspected to ensure all plumbing and electrical installation are done correctly. If your bathroom needs to be installed from the ground up, expect to pay somewhere between $6,000 and $15,000 for the entire project. If your basement is already finished but does not yet have the necessary plumbing for a bathroom in the space, you can expect to pay between $200 - $500 to hire a plumber.
Installing all of the necessary plumbing and electrical work while walls and floors are unfinished will result in savings.Starting from scratch doesn't require demolition, which can save you around $2,000. Framing may be necessary to define rooms and spaces. System upgrades usually call for minor expansions to the HVAC and electrical systems, but not adding plumbing. The bulk of the cost, however, is in flooring and finishing. After wrapping things up with carpeting, drywall, and ceiling material, you can expect to pay anywhere from $6,500 to $15,500.
Featuring a stripped indoor tepee, neutral colored accent wall filled with memorabilia combined with a wood textured wall finish, another accent wall with wall paper depicting a night sky full of stars, wall to wall carpet, cozy couch and geometric patterns for the throw pillow. This basement playroom with a specialized native American Indian theme is what this black and white lovely kid’s playroom is all about.
The approximate costs and value of a typical Basement Remodeling project are summarized below. Use higher estimates for larger metropolitan areas and the lower estimates where home prices are below the national average. Adjust costs for substitutions or refinements in the last section. For size differences of up to 25%, scale total costs in direct proportion to the size of your project. Use the adjusted costs as a basis for setting a material budget and for comparing contractor bids (if you choose to have a professional perform the work).

Basement remodeling adds value to your home, increases your useable living space, can protect your foundation from moisture damage, and looks great. Many people remodel a basement to create space for an aging parent or to make room for more children. Another reason for basement remodeling is to create a rentable space that is separate from the rest of your home for a long-term renter or for short-term renting.
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.

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.
When it comes to basement renovation, the national average price for a finished basement ranges between $5,000-$70,000. That said, unless you're adding in an elaborate home theater or building in separate rooms with high-end finishes, most Thumbtack customers report paying, on average, between $5,100-$7,150 for their remodeled basement. A finished basement provides you additional living space, increases your home’s value, and offers great return on investment when it comes to home improvement projects.
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.

Featuring a stripped indoor tepee, neutral colored accent wall filled with memorabilia combined with a wood textured wall finish, another accent wall with wall paper depicting a night sky full of stars, wall to wall carpet, cozy couch and geometric patterns for the throw pillow. This basement playroom with a specialized native American Indian theme is what this black and white lovely kid’s playroom is all about.
This fun and sophisticated football and baseball inspired sports room basement, features leather seats and sleek modern furniture is a perfect place for family members and friends to gather and watch Sunday night football. The display shelves of sports memorabilia draw attention to a collection of all those valuable and unique sports souvenirs. This basement combined with a home workout gym is designed to keep you fit while having fun.
Linoleum is another environmentally friendly flooring option for basements. Homeowners looking for numerous design options and ease of maintenance will enjoy linoleum. Drawbacks include a tendency to stain because of its porous nature and a lack of warmth under the feet. This flooring material is durable, but when damage does occur, repairs can be difficult.
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.
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.
Carpet use to be the gold standard for basement flooring. Its soft and homey texture blended perfectly in basement remodels across the country. Furthermore, according to our flooring cost estimator, carpet is cheaper than both tile and hardwood flooring. However, carpet has lost recognition over the years and when it comes to flooding, no flooring option is more expensive to fix than carpet.
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.
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.
In choosing the best décor for the basement, try to create some sense of continuity with the rest of the house. Start by creating an open stairwell leading from the rest of the house. It makes the basement feel open, lighter and connected to your home. Next, make sure that anyone descending the stairwell isn’t jarred by the contrast in décor with the space above. As much as you need to create defining styles for different sections of the basement, ensure there is a flow from the décor above to the one below. Otherwise, your basement is going to feel like some far off disconnected place and not part of your home.
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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] .
A luxurious contemporary basement opens to the movie and media room which showcases a drop round tray ceiling, recessed lights, light tone wood flooring and built-in entertainment center which stretches across one wall and doubles as bookshelves, provides extra storage for games, videos and other entertainment technology. A small pantry area provides convenience for food preparation and storage. Classic neutral colors add a sense of well-being, ease and coziness to the room.
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.
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.
Lighting: You could spend as little as $200 for some fluorescent lights and up to $2,000 installing recessed lighting. Don't skimp on getting some decent lights. Lights that don't shine directly down work great. We recommend something that is indirect or dampened somehow. Finished basements often have low ceilings. The lighting can be harsh on the eyes if you're looking sitting down relaxing.
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