Finishing a basement can cost between $25–$50 per square foot on average, depending on how the basement is finished, whether any challenges come up or whether there are special circumstances with the project. For this reason, a 1,000-square-foot basement can cost up to $50,000 or more to finish. Virgil Miranda of Virgil Miranda’s Construction, a general contracting company based in New Bedford, Massachusetts, says it can be tricky to estimate remodeling jobs based on square footage alone, due to the variance in each job. Larger basements may have a lower cost per square foot than tiny remodel jobs.
Basement water leakage can cause serious problems for a homeowner. Standing water can lead to mold growth, which poses health issues. It's also a haven for bugs and other pests. Over time, concrete blocks and foundations can sustain hairline cracks. While they may appear small on the surface, they can be the start of an enormous problem, so early repair is key. The only way to rectify a basement water problem is to remove the water and seal the leaks. This may involve removing existing paint or wall coverings as well as replacing soggy beams.
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.
Bedrooms – A common strategy is to set up a couple of extra bedrooms in the basement for guests. This is especially beneficial for families that love to entertain on a regular basis. You can easily have guests stay over without disrupting the family space above. Basement bedrooms can also come in handy if you have older kids that cannot share bedrooms any more. Plus, you could also add a small kitchenette and bathroom for convenience.

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.

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.


Homeowners wishing to enclose basement appliances should take note of air-supply requirements for both the furnace and water heater, which are powered by electricity or natural gas, oil or propane. Fuel-burning appliances use room air for combustion and require an unrestricted air supply. Any enclosure requires installation of a louvered door between living areas and the furnace room to ensure an adequate air supply and ventilation in your basement. Without sufficient air, a house may fill with dangerous gases, including carbon monoxide or radon.
Material Costs - In addition to the cost of framing and installing drywall to a basement bathroom, material costs can include: ceiling, flooring, paint, trim, toilet, sink, vanity, all fixtures, tub/shower surround, lighting, and all finishes like towel racks. Plumbing and electrical supplies also factor in to the final budget. Many material costs depend on type of product selected, the brand, and how high-end it is. Heated ceramic floor tiles cost more than basic vinyl tiles.

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Foundation walls are usually made of poured concrete or stacked concrete block, materials that reinforce the feeling of the basement as a secondary space. To give the basement main-floor style, cover the concrete with your choice of materials: drywall, plywood, paneling, or paint over the concrete. This basement features clean, finished walls in most of the space but left a corner of a room with exposed brick as an accent.
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.
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