Get matched with top basement remodelers in Laporte, MN

The cost to remodel a basement is between $12,100 and $33,400 for the average homeowner. The price you pay can be as little as $3,500 or as much as $50,200, depending on the size and condition of your basement and the type of remodel you're doing. 

If you're doing a simple project like adding a home office to your basement, you can expect to pay anywhere from $500 to $3,000. However, if you're adding a bathroom, which is an extensive project, you can expect to pay between $6,600 to $16,500.

A finished basement does not always count as square footage, though this varies by state regulations. You may live in an area that allows for below-grade spaces to be considered in a home's official square footage. In those cases, the basement must meet certain conditions, like having a functional egress and being a livable space with flooring, finished walls, and temperature control. Your local assessor can confirm your area's policies regarding basement square footage.

Since DIYing a basement remodel isn't typically advised, there are some ways that you can still save money on this project without putting yourself in danger. Some ways to save money on a basement remodel include:

• Painting walls yourself versus including in the cost of the remodel 

• Installing light fixtures yourself

• Choosing prefabricated fixtures, like cabinets, over custom ones

• Choosing a budget-friendly flooring option, like laminate or vinyl flooring, and add rugs where necessary

Lifting a house and adding a basement is one way to add usable square footage. Lifting or jacking a house is a complex process, and it can be expensive, not to mention that you won’t be able to live in your house while it’s lifted, due to safety concerns. Lifting a house should only be done by experienced professionals.