When it comes to basement remodels, the most costly way is to start with bare bones. If all you have is concrete walls and floors, you need to add framing, electrical, plumbing, flooring and trim. Basement finishing in a newer home that already has plumbing and electrical roughed in, a watertight foundation and some insulation installed—but no final finishes (like drywall or paint or carpet)—usually costs less than remodeling an already finished basement. This is because when you already have a finished basement, the pros will need to do demolition at the beginning of the project, which can add $500–$1,500 to overall costs.

This luxury basement with a wet bar offers extra convenience and accessible utility to this lower level living space. Wall to wall cabinetry with open glass shelving provides a display storage for wines and other liquors. Raised panel base cabinets give lots of additional storage space. The stone fireplace keeps this basement warm and cozy; perfect for entertaining and a great focal point for the area. The stone flooring and matching stone accents on walls and island bar are crafted to create the right balance for this design scheme.
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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