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.
This contemporary basement media room features a living room with comfortable long brown leather couch with tufted ottoman; multiple TV screens are perfect when watching movies on a weekday evening or weekend, or watching your favorite sports live. Components and other things are tucked away in the custom-built cabinets below.  Neutral, monotone colors and layout scheme makes the basement hangout open and bright.
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.
This contemporary basement design has several entertainment areas such as pool game area, granite home bar and more than a few seating areas are perfect for accommodating different interests and activities giving this game room personal charm and style. Modern drop lights combined with recessed lighting provides ample illumination to the whole area.
The cost of a basement remodel can be significant, but your potential return on investment is just as considerable. In addition to adding to your living space, the average basement remodeling project also increases your home's resale value. The National Association of Realtors considers basement remodels to be among the most valuable home renovations.
Even if it's currently cold concrete and crammed with boxes of off-season duds, the lowest floor of your home probably has loads of potential. Treat it just as you would any of the rooms aboveground, and it might just become the most popular spot in the house—for a lot less cash than adding on. Here's our bottom-line advice for turning this underutilized space into a place you'll be eager to spend time in.

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.
What better feature to include in your basement plans than a home theater. Basements often have little to no windows, making the dark space ideal for that movie theater vibe. Raise the floor to add rows of recliners, invest in recessed fixtures with soft lighting you can dim, and swap out large a TV for a projector and screen. Whatever your style may be, there are tons of home theater ideas for you try!
• Lighting – create well-lighted basement using track lighting, recessed lighting as well as incorporating other types of lighting fixtures for more dramatic effect. Allowing natural light into the basement is a big challenge; and the best solution is installing window wells. Make sure you install window wells where you could make them as wide and deep as possible to bring much needed sunlight into the basement.
First, what are you using your basement for? This will greatly determine what finish you give the basement. A living area needs to feel warm and cozy, a bedroom needs to have a quiet and relaxing finish and a game room needs some exciting colors. There are plenty of websites offering basement finishing ideas you can borrow. We have our own list below that you can use as a starting point. Find a style that pleases you and adapt it to fit your finished basement.
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.
Sometimes a finished basement floor makes the bottom stair a little too shallow, throwing off the whole run. Tom Silva's fix: Measure the rise of each step. If any are shorter than 7 inches, you can remove the treads and add spacers to pad them out as you go up. Just keep heights below code maximum, and make sure they don't differ in height by more than ⅜ inch.
If serenity is what you are after, think watery blues with undertones of green. Blue can read differently in different light levels, what looks relaxing on the sample strip can look downright neon covering an entire wall, choosing a blue with green undertones will help prevent that electric blue look. These beautiful, watery colors will make your basement guest room feel light and airy. It will also provide a relaxing, outdoors vibe to a yoga or meditation retreat.
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.
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.
Sometimes a finished basement floor makes the bottom stair a little too shallow, throwing off the whole run. Tom Silva's fix: Measure the rise of each step. If any are shorter than 7 inches, you can remove the treads and add spacers to pad them out as you go up. Just keep heights below code maximum, and make sure they don't differ in height by more than ⅜ inch.
If serenity is what you are after, think watery blues with undertones of green. Blue can read differently in different light levels, what looks relaxing on the sample strip can look downright neon covering an entire wall, choosing a blue with green undertones will help prevent that electric blue look. These beautiful, watery colors will make your basement guest room feel light and airy. It will also provide a relaxing, outdoors vibe to a yoga or meditation retreat.

Installing a bathroom in a basement costs more than installing a bathroom above ground. Costs can range from $2,500 to $5,000 on average, depending on the number of fixtures and whether the plumbing must be installed from scratch or if it’s roughed in already. Basement plumbing requires special considerations to ensure proper drainage and tie-in with the main sewer line, which may not be deep enough to allow the basement bathroom plumbing to use gravity the way above-ground plumbing does. Virgil Miranda’s Construction subcontracts all plumbing work. Miranda says that sometimes the toilet alone in a basement can cost up to $2,500 because sometimes homeowners need to invest in a toilet that does not use gravity but instead a macerating function to grind waste down to prevent clogging. Miranda estimates that each bathroom fixture in a basement costs $800–$900 on average, so a full, three-piece bath could cost $3,000 for the fixtures alone. Adding a kitchenette or wet bar sink adds more to overall refinishing costs. In addition, some basements require a French drain with one or more sump pumps, which can cost up to $10,000 on average, depending on how much ground the drain covers.
Finished basement made use of existing materials and transformed it into an elegant basement living room. Painted concrete floors and concrete hollow blocks walls are painted in classic white and cool gray. Exposed beams are furnished with industrial lights which provide ample lights to the room. Comfy, soft upholstered sofas and accent chair in neutral colors adds coziness, perfect place to sit back and relax. Splash of patterns and colors from the area rug, accent chair and throw pillows gives a warm and welcoming ambiance. 
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