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>

Which raising basement ceiling option is best for you?

• <div><p>If you’re not sure which method of raising the ceiling is best for you, here are a couple of considerations to help you make that decision. <a href="https://www.angi.com/nearme/ceiling-companies/">A professional ceiling company</a> will be able to help you determine the best option for your home.</p><ul><li><p>How long you are planning to live there: although raising the basement ceiling will increase the value of your home, if you’re planning to sell the house, then go for raising the house.</p></li><li><p>The condition of the foundation: to lower the floors, your foundation has to be intact whereas raising the house will allow you to restore the damaged foundation.</p></li></ul><p></p></div>

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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: Which raising basement ceiling option is best for you?

• <div><p>If you&rsquo;re not sure which method of raising the ceiling is best for you, here are a couple of considerations to help you make that decision. <a href="https://www.angi.com/nearme/ceiling-companies/">A professional ceiling company</a> will be able to help you determine the best option for your home.</p><ul><li><p>How long you are planning to live there: although raising the basement ceiling will increase the value of your home, if you&rsquo;re planning to sell the house, then go for raising the house.</p></li><li><p>The condition of the foundation: to lower the floors, your foundation has to be intact whereas raising the house will allow you to restore the damaged foundation.</p></li></ul><p></p></div>

Q: What adds the most value to a basement?

• <div><p><a href="https://www.angi.com/articles/finished-vs-unfinished-basement.htm">Finishing an unfinished basement</a> adds the most value, with an average return of 70% or $22,400. A bathroom addition in the basement will provide an ROI of 75%, but the higher cost will leave you with a lower actual return of $9,000, on average. Finishing a basement and adding a kitchen, bathroom, and bedroom to rent the space will leave you with the highest possible ROI, as you could see well over 100% if you rent the space out long-term.</p></div>

Q: What are the disadvantages of a walkout basement?

• <div><p>Walkout basements cost more than other kinds of basements, and can also increase your risk of leaks as well as a loss of insulation, leading to higher heating and cooling costs. Improperly installed walkout basements may lead to structural issues with your foundation, so ensure you&rsquo;re working with a contractor who has extensive experience with this kind of basement. </p></div>

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Verified Reviews for Basement Remodel pros in Lexington, MS

*The Angi rating for Basement Remodel companies in Lexington, MS is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

*The HomeAdvisor rating for Basement Remodel companies in Lexington, MS is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

Last update on November 01, 2025

Reviewed in September 2024
If any problems occur within a reasonable time frame related to their work, it will be resolved even after they have been paid in full. Anything this company puts their name on they take pride in it and will stick with you until you are satisfied. R&R Construction has done a full remodel for...
R&R Construction
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Reviewed in May 2024
Iâ ve used B & R for all of my remodeling needs. They are always responsive to my questions and provide a good service at a fair price.
B & R ELECTRIC
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Reviewed in December 2017
We’re finishing our basement and needed to move existing plumbing. Freedom Plumbing was who we called based on their reviews. We are glad we called them. They helped us remove 45 year old, clogged and cracked cast iron pipe. They also set us up for a much better layout by moving our washer and...
Freedom Plumbing, Corp.
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Reviewed in December 2014
Excellent. Affordable. Professional. Efficient. Worked with my schedule to make sure I was not inconvenienced. Even when I was late, he made it work. We needed baseboards replaced in basement after water damage. They looked better than when originally installed. Will use him again and...
A Atlantic Services
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Reviewed in June 2008
I was so happy when I saw what they were able to do with my kitchen. They did a wonderful job, even doing such a nice job that my kitchen was featured in Mid-South Magazine. The man in charge kept telling me "if it's not right, you tell me and we'll fix it" and they did. They were very creative...
CREATIVE KITCHENS & BATH
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Basement Remodeling

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Southern Roofing and Renovations

Southern Roofing and Renovations

Shawn Carter Design Service, LLC

Shawn Carter Design Service, LLC

Castillo Construction Co.

Castillo Construction Co.

Quality Window and Door

Quality Window and Door

Aures construction

Aures construction

Lincks construction LLC

Lincks construction LLC

Triton Construction Company

Triton Construction Company

Handyman Services (On-Time Consultant LLC)

Handyman Services (On-Time Consultant LLC)

Snow's Remodeling

Snow's Remodeling

Southern Sewer And Drain

Southern Sewer And Drain

The Lexington, MS homeowners’ guide to basement remodels

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