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.
Basement remodeling can be stressful, and understandably so. But the styling aspect will provide some much-needed fun. Seeing your newly finished basement take shape as the flooring is installed and the walls painted will be exciting and there is no feeling like seeing it come to life as furniture is put into place and light fixtures are installed.
It was the start of a year-and-a-half basement finishing project, but it was well worth all of the effort. Jamin and Ashley of the home design blog The Handmade Home began by installing drywall over the cinderblock walls, applying spray foam insulation, and enclosing the necessary but ugly supporting adjustable steel posts. Next came paint, flooring, and furniture, all fusing together to make a lovely daylight basement for work and play.
It's a good idea to maximize space in the basement by adding built-ins shelving and storage areas. Check adjacent rooms for places you might be able to steal space from. But don't go overboard with too many built-ins or too much woodwork because it could get very expensive and you're likely not to get a full return on your investment when it's time to sell. A good rule of thumb is to keep it simple and inexpensive, but make it attractive.
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.
Failure to obtain proper permits can result removing (demo-ing) any current finishing work or remodeling already installed. You could also face fines. A "stop work order" may be issued, which usually causes double the fees when you do, eventually, apply for the permit(s). If you have to file an insurance claim and can't produce any permits, the insurance company may deny the claim. Finishing a basement without permits also can affect the home's resale value.
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.
A finished basement is not always the same thing as a designed basement. Sometimes, the basement begins with the basics: walls, a ceiling, lights, and a floor. Gwen Hefner and husband Micah wanted to turn their tiny, airless basement space into a comfortable mancave. They had the basics to start with. The next step, Gwen says, would be a true test to her design skills.
A luxurious contemporary basement opens to the movie and media room which showcases a drop round tray ceiling, recessed lights, light tone wood flooring and built-in entertainment center which stretches across one wall and doubles as bookshelves, provides extra storage for games, videos and other entertainment technology. A small pantry area provides convenience for food preparation and storage. Classic neutral colors add a sense of well-being, ease and coziness to the room.
Your stairs are the first thing guests will see when they walk down into your finished basement. Give them something to talk about with a staircase that’s one of a kind. Create suspended steps, light-up steps, or glass side panels. Or make smaller changes by installing patterned carpet, decorative tiles, or a unique railing. Looking for more cool staircase designs? Check out these under the stairs ideas!
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.
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.

Boys will be boys. This small man-cave basement is fully equipped with the essentials a man would need in his hideaway retreat – a wall dartboard, a bar and a liquor cabinet. Texture painted ceiling in two tone colors and neutral color painted walls are balanced by the medium tone wood stain finish of the cabinetry, doors and bar stools. Wall to wall carpet adds a warmth and welcoming feel to the room.
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.
Linoleum is another environmentally friendly flooring option for basements. Homeowners looking for numerous design options and ease of maintenance will enjoy linoleum. Drawbacks include a tendency to stain because of its porous nature and a lack of warmth under the feet. This flooring material is durable, but when damage does occur, repairs can be difficult.
A luxurious contemporary basement opens to the movie and media room which showcases a drop round tray ceiling, recessed lights, light tone wood flooring and built-in entertainment center which stretches across one wall and doubles as bookshelves, provides extra storage for games, videos and other entertainment technology. A small pantry area provides convenience for food preparation and storage. Classic neutral colors add a sense of well-being, ease and coziness to the room.
• 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.
Your basement will likely need to be fitted with additional wires to support more lights and electronics. You will need to hire a licensed electrician if you plan to install additional overhead light fixtures, outlets and other components that require additional wiring. The cost of electrical installations depends on the exact project, but licensed electricians tend to charge between $50 and $100 per hour.

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.
Finishing a basement ceiling can be a challenge as more than likely, you will need to work around duct, plumbing and electrical work, all while trying to maintain a comfortable room height. A qualified contractor may be able to reroute some of this hardware, but you will more likely lose some headroom to accommodate these fixtures in your finished basement.
Basements are ideal for casual social activities for the whole family, or just for the kids. It's the perfect spot for the big screen TV, pool table, and to stash board games and craft supplies. Make this space inviting by finishing and decorating it like any upstairs room. Choose comfortable furnishings that can be easily rearranged to accommodate a few people or a crowd. Incorporate sound systems, internet connections, and good lighting to make the basement design functional.

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.
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.
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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