How much does it cost to finish a basement?

• <div><p>It costs an average of $32,000 to finish a basement, and most projects total between $15,000 and $75,000. If you just want to make the space look a bit nicer and don’t need to <a href="https://www.angi.com/articles/how-to-turn-basement-into-living-space.htm">convert the basement to legal living space</a>, you could spend as little as $3,000 to install drywall and flooring. On the other end of the spectrum, your costs could rise to $100,000 if you want to make structural changes to the space, repair existing structural damage, waterproof your basement, or install a kitchen and bathroom along with living space.</p></div>

Is it more affordable to gut a house than build a new home?

• <div><p>Whether it’s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it’s usually less expensive to renovate a home than to build new construction. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

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Q: Is it less expensive to finish a basement or add an addition?

• <div><p>It&rsquo;s less expensive to finish your basement than it is to build an addition to your home. The average cost to refinish a basement is <b>$32,000</b> (between $7 and $23 per square foot) while building an addition to your home costs $50,325 ($80 to $210 per square foot). Depending on the size of your basement and other factors, like moving plumbing and electrical, refinishing a basement is a more cost-effective option in most cases.</p></div>

Q: How much does it cost to make bigger windows in a basement?

• <div><p>Making a window in a basement larger costs an average of $4,200. You&rsquo;ll need to pay an average of $550 to have a structural engineer plan the project, $500 to $1,500 for the installation labor, and an average of $2,200 for the excavation and window well installation. The remainder will go toward pulling permits, installing trim, and repairing drywall on the interior.</p></div>

Q: Is it more affordable to gut a house than build a new home?

• <div><p>Whether it&rsquo;s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it&rsquo;s usually less expensive to renovate a home than to build new construction. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

Q: Can you turn a regular basement into a walkout basement?

• <div><p>Yes, it is possible to turn a regular basement into a walkout basement. Doing so involves excavating the land around at least one side of your <a href="https://www.angi.com/articles/basement-foundation.htm">basement foundation</a>, installing retaining walls to create a permanent below-grade area outside your home, and then cutting into the foundation to install an exterior door that leads out to the new space. This is an expensive and time-consuming project, but it can add a lot of value and utility to your home.</p></div>

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Verified Reviews for Basement Remodel pros in Illiopolis, IL

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Last update on November 22, 2025

Reviewed in July 2025
My basement has always leaked and was never dry. I called Donnie Felton, who was highly recommended by a few friends, he was very knowledgeable and explained exactly what he would do step by step. He showed up the following week and completed the job in two days. My basement is now dry and does...
Sure Dry Waterproofing
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Reviewed in March 2021
The Greentree team was excellent. Dan completed our estimate and answered all our questions regarding the work that would be performed. The installation team led by Troi, with Jessie, Art and Delmonte arrived on time every morning and worked hard to complete their quality work. They tarped off...
Greentree Waterproofing Inc
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Reviewed in May 2020
Eric did excellent. I will definitely hire him again. Very professional I'm thrilled to have my family room in our basement back!
Cornerstone Remodeling, LLC
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Reviewed in November 2019
We had a flood in our basement and Patrick and his crew were here within the hour to mitigate the issue. They were quick and efficient. They also took care of handling my insurance claim. I highly recommend Maryland Flood Restoration!!! A+
Maryland Flood Restoration
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Reviewed in July 2015
Wow! Ryan came out promptly which was appreciated as I had a flooded basement. What a joy! He was very polite very professional and explained everything really well without acting like I was stupid. Very respectful. We discussed options. He was informative, forthright, and not at all pushy. I...
Steve Ray Plumbing Svc Inc
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Reviewed in October 2014
The project didn't go as planned. The owner came to give me an estimate. Very nice man. The estimate sounded reasonable. I bought the paint for the project. A crew of three guys came to the house. I explained what I wanted done and that I had protector strips on the corners that would need to...
Your Painters Inc
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Reviewed in December 2013
We have used Kate Leslie several times before with good results. The owner, Bruce Peterson always comes to our home personally to talk about our options and give us advice when asked for. He recommends the best place to buy the items we need and then his people show up to do the job. This was...
Kate Lesley Inc
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Reviewed in July 2012
They were very good, very experienced, they did a good job, they were on time, and the price was reasonable. The guy who checked the air conditioner found the duct work problem. He called in all the materials needed from his cell phone while he was in the basement. That way when the workers came...
Henson Robinson Co
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Reviewed in June 2012
We have a 30+ year old inground swimming pool that we are in the process of remodeling. Pool Crafters wrote in their advertisement, "swimming pool building and remodeling, liner replacement, deck replacement/repair." Their ad also states "Call us for your whole backyard makeover."They have been...
Gene Baker's Poolcrafters.
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Exclusive Masonry & Construction

Exclusive Masonry & Construction

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Follys Construction & Remodeling

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Hiatt Repair and Maintenance

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Klughart Mechanical Contractors LLC

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