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Walkout basements are not generally included in a home’s square footage, although they may be if they meet certain conditions that depend on local regulations. A finished walkout basement used as a living space may be counted toward square footage in some locations as long as all codes for livable space are met.
Anything having to do with the structure of your home, such as raising the ceiling, is usually the most expensive part of finishing a basement. Another project component that could be a surprisingly high expense is adding an exterior entrance.
A finished basement must have a heat and electrical supply with an entrance that meets building code requirements, such as a stairwell to the home's main living space. It often must include finished walls, ceilings, and floors. If the finished basement includes a bedroom, it should have a heat source, an egress window, and a closet.
Remodeling, as opposed to finishing, means altering an already finished basement by adding a bathroom, bedroom, or living area.
Create a checklist, reimagine the space use, set a realistic budget, choose materials and aesthetic details, and get professional support for guidelines and troubleshooting.
A walkout basement is considered to be partially below grade because at least one wall is entirely exposed. In some cases and in specific municipalities, inspectors and appraisers will still count walkout basements as below grade, which means the space can’t serve as living space or be rented out. If you intend on using the area as living space or a separate apartment, you should check with your local building department to make sure it’s legal to do so.
The Houck, AZ homeowners’ guide to basement remodels
From average costs to expert advice, get all the answers you need to get your job done.
Hiring a bad basement remodeler can wreak havoc on the look and longevity of your unfinished space. Here are red flags to look for as you vet basement contractors.