Are you thinking about finally completing your unfinished basement? While the average basement remodel cost is around $6,500 to $18,500, the return on investment can be up to 69%. That means having a finished basement is not only great for entertaining guests, but it’s also incredibly profitable for you because it’s a home feature buyers want. Here are some basement remodeling ideas to help you get started!
Old homes may suffer from sagging foundation beams as a result of shifting ground or decay and deterioration of the original building materials. Foundation beams can be raised and shored up successfully, but the right tools, like a pneumatic jack, are essential. Depending on how much the foundation beam must be raised, this job may require several days of incremental steps to complete - which means increased labor costs. Hiring professionals is the best option for this job. Expect costs to run about $10,000 for repairs like a shifted foundation.
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.

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.


A luxurious modern basement home features a custom bowling alley room with two regulation size lanes, automatic Brunswick pinsetter machines, automatic lane cleaning/conditioning machine, secondary ball return storage rack, projection screen at the end of the lanes, medium tone wood plank flooring, wooden transition strip is incorporated onto the flush-mounted lane surface, different colored neon lights are installed on the walls adding a more modern accent , a mini bar and state of the arts swivel chairs.
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.
Are you thinking about finally completing your unfinished basement? While the average basement remodel cost is around $6,500 to $18,500, the return on investment can be up to 69%. That means having a finished basement is not only great for entertaining guests, but it’s also incredibly profitable for you because it’s a home feature buyers want. Here are some basement remodeling ideas to help you get started!
A basement bedroom and full or half bath makes an ideal suite for guests or teens. Think about who will sleep in the basement and the amenities they'll need to help you determine the best dimensions for this basement remodeling idea. To comfortably fit a double bed, you'll need a room with a minimum of 125 square feet. If twin beds will serve your needs better, plan on at least 150 square feet. Building codes also require that basement bedrooms have an emergency exit that leads directly outside, either through a door or a window.
Create a restful retreat with a cottage inspired basement with a built-in wood bench and a cozy bed nook. Cool neutral color scheme of tan, pale blue, cream and white combined with minimal furnishings gives this area a warm and welcoming ambiance. For small finished bedroom ideas a built in bench that can be converted in to a bed with under cabinet storage is a great space saver and can increase the home’s value.
The basement can be the perfect place for hobby and craft rooms. Here, a family's love for scrapbooking, model shipbuilding, and togetherness came together in one space. An extra-long counter allows enough space for two people to work. Cabinets constructed using stock drawers provide plenty of storage. Wicker baskets filled with supplies fit right inside a set of open shelves.
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