Get matched with top basement remodelers in Bloomfield, NE

Yes, finishing a basement is worth the money in most cases. Although the project is a relatively expensive one, finishing a basement adds usable square footage to your home and typically increases your home value. Many times, your finished basement will add value that’s equal to or greater than the cost of finishing.

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 convert the basement to legal living space, 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.

If you don’t have a crawl space but have a partial basement you want to make deeper, you can expect to spend a little less—between $40,000 and $90,000 on average. However, if you’re not adding new finished square footage, you won’t see much in the way of ROI.

You can paint your ceiling or install a drywall ceiling if the ceiling is unfinished, as they take up less headroom than drop ceilings. 

If there are pipes in the way of ceiling installation, you can do one of two things: reroute the pipes or adjust the installation to fit, which will cost extra.