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.
Planning is the first stage with any basement bathroom installation. For a basement that's designed as a recreation room, work space, or kids' play area, a half-bath (stool and sink, but no shower or tub) is adequate. A basement with bedroom or en suite needs a full bathroom. Knowing how you plan to use the basement living space typically dictates the functional purpose of its bathroom.

Even if you do not use an online tool, plan extensively beforehand as to exactly what you plan to do. What color will the wall be? Will you put in any art? What flooring style will you go for? If your budget allows, you can consult an interior designer for recommendations. One advantage of such planning is that it allows you to set out a budget that you can work within, ensuring that you are not caught short of cash in the middle of your project.
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.
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.
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.

How fast the job needs to be completed has a significant impact on the final price. A professional team can take a basement from framing to complete in about 45 days. A DIYer typically needs more time. If things need to be inspected, inspectors work on their own schedule, and if concrete needs to be poured, time must be allotted for it to properly set.


A basement provides plenty of room to make a workout room tailored to your interests. Carve out space to build that sauna you’ve always wanted, or use multiple floor types to divide up workout stations, such as wood floors for yoga and carpet for cool-down stretches. Rubber mats are an affordable basement flooring option—not to mention, a smart way to protect the ground from heavy equipment.
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.
While basements get a bad rap at times, if built finished out or remodeled later on, they actually offer a wealth of extra living space for many purposes and activities. For instance, a media room, living room, wine cellar, wet bar, gym, office, playroom, man's cave, laundry and guest room are all popular choices for basement spaces. If you are lucky enough to live in an area where basements are a commonly built element of most homes, you may just be sitting on a myriad of abundant new living possibilities! We've included some of our favorite basement remodeling ideas and images below. Which do you like best?
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!
Planning is the first stage with any basement bathroom installation. For a basement that's designed as a recreation room, work space, or kids' play area, a half-bath (stool and sink, but no shower or tub) is adequate. A basement with bedroom or en suite needs a full bathroom. Knowing how you plan to use the basement living space typically dictates the functional purpose of its bathroom.
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.
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. 
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