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Last update on January 17, 2026

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Basement Remodel questions, answered by experts

Finishing your basement adds value to your home, providing an average return on investment (ROI) of around 75%. That means the typical basement refinishing costs of $32,000 will add an average of $24,000 to the value of your property. The value added to your home will depend on the price you pay to have the work completed, the area you live in, the quality of the work and building materials, and more.

Finishing a basement can provide a great return on investment, by increasing the market price of your home when you want to sell. Beyond that, there are many reasons to finish your basement. Doing so expands the usable square footage of your home, so you can enjoy it more, even as your family grows. Renovating your basement costs less in terms of time, energy, and money than having to search for and buy a new home.

Create a checklist, reimagine the space use, set a realistic budget, choose materials and aesthetic details, and get professional support for guidelines and troubleshooting.

Generally, a wall can bow up to 30% of its thickness, or around 2.5 inches for an 8-inch-thick structure, before it becomes an urgent situation. If your basement wall bows more than 1 inch, it's time to have a basement inspection to determine if a repair is necessary, depending on the soil conditions and structural specifics. Walls nearing 4 inches of bowing will require significant repairs. More than 6 inches of bowing usually means the wall will need replacing.

Yes, you can add a door to your basement—it might even be required, depending on building codes in your area and whether or not you’re using the basement as a bedroom. A basement contractor can give you some advice on installation and help you add a door to your basement.

The Goodman, wi 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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