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Basement Remodel questions, answered by experts

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

The average cost to remodel a basement is between $12,100 and $33,400. Depending on the project's complexity, the price can be as low as $3,500 or exceed $50,200. For a simple project like adding a home office, you might spend between $500 and $3,000. However, a more extensive project, such as adding a bathroom, can range from $6,600 to $16,500. The final cost is influenced by factors like the basement's size and condition, the type of remodel, material choices, your location, and accessibility. For an accurate price, it's best to consult with a basement remodeling team.

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. 

The cost of a walkout basement can be anywhere from $5,000 to $35,000.

Building up by adding square footage to the top of your home is often less expensive than adding a basement, but it depends on the specifics of your house, your property, and supply costs. Because building a basement requires excavation, it can be a more expensive option than building up.

You should always use high-quality lumber for your framing in order to ensure it will last the test of time and resist moisture. Use 2-foot by 4-foot lumber that is pressure-treated for your framing.

The Walnut, MS homeowners’ guide to basement remodels

From average costs to expert advice, get all the answers you need to get your job done.

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