
A basement remodel can often cost as much as adding another room. However, homeowners should consider the usefulness and ROI of a remodel.
Break your basement renovation project into bite-sized tasks
A basement remodel project transforms wasted space into usable living areas, increasing your home's value with a 75% return on investment.
Typical costs range from $12,173 to $33,296 for a full basement remodel, with average costs around $21,670 depending on your space and project scope.
Your basement remodel success depends on addressing water issues and foundation problems before you start framing walls, installing mechanicals, and finishing surfaces.
Hiring a local remodel design professional provides expert planning and drawings that keep your project on track, especially when navigating permits and complex layouts.
Regardless of your starting point, redoing your home’s basement is a surefire way to increase the livability and value of your house. Unfinished or outdated basements often equate to wasted space that could provide more room for living, storage, or entertainment.
The trick is learning how to tackle a sizable DIY basement remodel without becoming overwhelmed. Of course, you can always hire a local contractor to help get your basement remodel project over the finish line. Let’s take a look at ways to renovate a basement for best results.
Before diving into a large remodel project, it’s important to consider your purpose for dedicating your time, effort, and money to it. Suppose your home’s basement is unfinished, under-finished, or is no longer useful in its current configuration. In that case, it’s usually worthwhile to transform your basement into a more useful space. A basement is one of the easiest and least expensive areas to remodel, with the potential for significant returns on resale value.
Simply brightening up a basement with lights and a window or two will transform the space from what feels like a cellar to an enjoyable place. However, you can achieve the greatest results through thoughtful planning and executing a complete makeover. Even better, you can DIY the whole project or hire pros to tackle the most complicated parts.
The cost to remodel a basement ranges from $12,173 to $33,296. The average cost of a full basement remodel is $21,670. However, the total cost of your basement remodel depends on several factors, including the square footage and extent of the renovations.
Preparing to remodel your basement depends on your starting point, meaning your basement’s current condition. If you have a finished basement that needs upgrading, plan on peeling back some layers to see what you’re working with before making a plan.
If your basement is unfinished, an excellent place to start is to assess and address any foundation problems that will be easier to deal with now than after new walls are in place. Basements tend to experience water issues, so even if water damage hasn’t been an issue in the past, consider waterproofing your basement before finishing it.
You can break down basement remodeling into three distinct parts: making a plan, assembling a team, and getting to work. Let’s take a look at the steps involved in each part of the process.

First, develop a firm grasp on the purpose and function of your future finished basement. Will it be for sleeping, playing, entertaining, or relaxing with a bowl of popcorn and a movie? Not only is detailed planning a good idea, but plans, drawings, and specifications will also be necessary for obtaining permits and hiring contractors.
Record detailed measurements of the entire space.
Decide on a plan scope with a list of rooms and elements to include.
Inspect your basement for any foundation wall damage or water-leak spots. If you find any, plan to fix them before starting the basement remodel.
Create drawings and spec sheets for your remodel or hire a remodel designer to draw them for you.
Even if you plan on redoing the basement yourself, there are several professionals that must be involved in the project. That may only include a permit department representative, home inspector, and your local home center salesperson, or it may consist of a large group of contractors.
Decide how much of the work you can perform on your own and what parts of the projects you’ll need professional help.
Hire the right remodeling contractor by obtaining several bids from various contractors. Request at least three estimates from different companies if you’re hiring a contractor to perform the entire project. If you’re doing your own contracting, get bids from plumbers, electricians, HVAC pros, and anyone else you may need.
Hire and make deposits with your chosen contractors.
With the help of the contractors, develop a plan and a timeline for the project. Remember to add in extra days to handle unforeseen challenges.
Secure the necessary permits before starting any work.

For a full basement remodel, expect to live above a dusty construction zone for at least several weeks.
Start by clearing everything out of the basement. Take advantage of this opportunity to declutter your home.
Demolish and remove every structure that isn’t staying as part of the remodel. Be careful not to remove load-bearing walls or posts without consulting a professional contractor first.
Perform basement waterproofing steps.
Frame the new walls.
Install the rough-in stages of the mechanicals. Perform the necessary HVAC, plumbing, and electrical services, in that order.
Install the insulation and vapor barriers.
Ensure that all applicable rough-in and insulation inspections are installed correctly.
Finish the walls and ceilings with drywall and paint.
Install the final mechanical equipment and fixtures.
Lay the flooring and install the finish trim work.
Pass the final basement inspection.
Decorate your new space and enjoy.
No matter how much of the work you’re planning on doing, here are some tips to help the process go as smoothly as possible.
Research requirements: Develop a basic understanding of applicable building code requirements, especially regarding stair clearances, ceiling heights, and egress requirements.
Shop around for pros: Request at least three bids from contractors for each part of the project you’re not performing yourself.
Budget time wisely: Be flexible with the schedule and add several extra days into your project timeline.
Expect the unexpected: Basement remodels are notorious for running into unforeseen circumstances despite the best planning. It doesn’t mean everything is horrible. It just means you’re remodeling a basement.
Set a realistic budget: Once things go behind a basement wall, they’re expensive to fish out and repair if something goes wrong. Spend a few extra dollars on high-quality materials to save repair cash later.
Use up the space: Take advantage of as much floor space as possible while leaving plenty of room to service the home’s mechanical equipment easily.
DIY basement remodeling is a major project that demands significant time and funding commitments. Sometimes, how much you’re willing to spend may determine how much extra work you’ll perform on your own.
Completing a basement remodel as a DIY project is tremendously satisfying, even if you hire out much of the work. However, the job consists of several difficult tasks that are best left to the pros. If remodeling your own basement isn’t your favorite way to spend a month of your life, a nearby basement remodeling company is always ready to help.
Finished Basements Plus was wonderful from beginning to end! First, they came out quickly for an estimate. I had 4 estimates and theirs was by far the best. (2 of the estimates were more than $20K higher than for the exact same work). Beyond their fair pricing, the work was excellent. They...
1st Choice Renew is simply the best! We hired them for a complete home renovation, and they transformed our space into something truly amazing. The team attention to detail and commitment to quality were evident throughout the project. They were easy to work with, very responsive, and always...
Amazing job. Efficient and quick without compromising quality. Basement feels brand new. Would use them again in a heartbeat.
Window Depot did an amazing job installing the windows in my basement! The process from start to finish was by far more than what I expected. I would highly recommend Window Depot if you want professionalism from the the consultation to the installation. Dont settle for mediocre when you can...
Look forward to them getting started in our basement here soon. Extremely professional, very detailed and was a pleasure to have around. Anything we needed to work on or change in the middle of the project, they were open and willing to work with me.
They cleaned my very dirty basement. They were prompts, quick, thorough and their price was fair.
I am very pleased with the services performed by OTS. Bless my late Mother, but she was a bit of a pack-rat. The basement of her home was crammed with 40+ years of "stuff," and the other companies I contacted were concerned with possible mold contamination of the items due to the musty smell...
The company was very easy to work with. My family is now able to enjoy a space that at one point, only collected junk!!!! I feel like i have a whole new addition to the house!!! Wonderful work Blurock on our basement, will recommend!
first time using home advisor and Grace Remodel was positively the right choice!!!! it was a large job and mark did an excellent job. the price was right, he worked long and hard every day, his attention to detail is impressive, and he finished on time. i have worked with many contractors...
We met with Matt on July 1 to discuss a kitchen and bath remodel. We spent over an hour taking about what we wanted and shared our thoughts about timelines and budgets. It’s been over 3 months and we haven’t heard from him since. We would understand if there had been some communication, but...
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