Get matched with top basement remodelers in Iowa Park, TX

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.

If you have the woodworking experience to build a bar from scratch and you have the time, DIYing the work is a no-brainer and can save a few thousand dollars. However, if you’re looking to include a sink, additional lighting fixtures, or high-end bar tops and cabinets, it’s usually a better idea to call in a pro. It will cost more, but the finished product will likely be worth it.

Egress windows or doors are required in finished basements to meet safety and building codes. If your basement is unfinished and used as a storage space, egress windows are not required, but anything considered a habitable space must have an additional point of egress in addition to the stairs.

Basements with persistent moisture problems or flooding shouldn’t be finished until the moisture issues have been fixed. In addition, if your foundation is cracked, you have unmitigated radon levels, or you have asbestos or lead pipes, remediate the underlying problem before finishing your basement. Turning a basement into living space before fixing these issues can lead to serious health risks or structural damage.