I just wanted to write and say thank you for this step-by-step basement video series! This is the 2nd basement my wife and I have remodeled ourselves following your training videos. These videos are amazing! Thanks for sharing this wealth of knowledge. Your delivery of the information is well organized, thorough, to the point and easy to understand. My wife and I have finished our basement ourselves working just a few evenings during the week and on the weekends! I Never would we have been able to figure this out without your step-by-step video guidance.”
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.

Remodeling a finished basement is costlier. The demo can cost from $1,500 to around $3,000 to prep the site. System upgrades include expanding the HVAC and electrical, but even if you already have a bathroom in place, remodeling can add $1,000 to $4,000. Finally, the finishing work can be kept low if you stay with the basics, but upgrades to hardwood floors and other luxuries will add $7,000 to $10,000 to the job. On average, expect to pay $13,200 to $30,500 for this job.
A sophisticated media room featuring an open plan layout design scheme features a kitchenette and bar for entertaining, a light one wood cabinetry is designed for extra storage space and at the same time doubles as an entertainment area and a working/study corner. The fireplace serves as a focal piece and makes this room warm and cozy together with the cool neutral shades of brown and tan.
Across from the sitting area, a home office was constructed using inexpensive IKEA pieces and a painted wood countertop. A 4-inch concrete slab was poured over the existing floor and a stained finish was used to match the wood floors on the main level. A gas fireplace replaces an old woodstove and the existing brick was made light and bright after being covered with plaster and white paint.
In every basement, it's important to select flooring that stays dry and warm in the winter and cool in the summer. This basement has a yellow birch floor. It's an easy-to-install engineered wood product, which means the flooring is made from several plywood substrates finished with a handsome birch veneer. A rubber floor, similar to those found in gymnasiums, protects the workout area. Beaded board covers the walls.
Any project involving electrical, plumbing, or turning the basement into a livable space, requires permits. Plumbing must be done to code for proper drainage to avoid health issues. It also has to ensure flushing certain waste back into the sewer. Electrical issues can cause short-circuits, blown breakers, and fires. The chance of something happening increases if installation is not done properly from the start, including acquiring the proper permits. If creating a bedroom or other regular living space, permits are required. Emergency escape avenues (for fire and other emergencies) need to be in place as well.
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.
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.
The stair railing and post installation was a fairly simple project, and required little more than wood glue and a finish nailer. If you're installing a railing in a remodel such as this, plan ahead. If you have large furniture or other items to move into your new space, be sure hold off on installing stair railings, and other structures that might be in the way, until the large furniture items have been brought in.

A good lighting plan is key to making your basement an inviting gathering spot. Recessed cans like these create overall illumination as well as task and accent lighting for the bookshelves and artwork. In addition to recessed lights, consider track lights and pendants to eliminate shadows on surfaces where you'll be working, playing, or reading. For an inexpensive basement finishing idea, use table lamps and floor lamps to banish shadows in corners and provide task lighting beside chairs and sofas.
A basement can still shine without a major renovation. To give this basement a finished look without breaking the bank, the homeowner installed wood wainscoting and trim to hide the radiator piping, electrical wiring, and ductwork. Reproduction furniture, oak fireplace surround and light fixtures reinforce a Craftsman theme seen throughout the space.
Any project involving electrical, plumbing, or turning the basement into a livable space, requires permits. Plumbing must be done to code for proper drainage to avoid health issues. It also has to ensure flushing certain waste back into the sewer. Electrical issues can cause short-circuits, blown breakers, and fires. The chance of something happening increases if installation is not done properly from the start, including acquiring the proper permits. If creating a bedroom or other regular living space, permits are required. Emergency escape avenues (for fire and other emergencies) need to be in place as well.

A finished basement has the potential to add value to a home, especially when it comes time for resale. The average basement remodel project can have up to a 70% return on investment. Home buyers typically prefer a house with a finished basement and may even increase their offer if that living space recently has been updated or remodeled. The finished basement also adds value by creating more living space in the home without having to spend thousands on an addition.


There is no shortage of modern basement ideas to borrow from. Unused basements tend to get filled with every old and unwanted item in the house from worn out furniture to childhood memorabilia. Unfortunately, this is letting precious square footage go to waste. The basement is a perfect space that could be transformed into a warm and welcoming area for your family and friends to enjoy.
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