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The cost to finish a basement is $18,400 for the average homeowner. However, this cost could be as little as $2,800 or as much as $34,500, depending on the basement size and the materials needed. If your basement is already outfitted with electrical and plumbing, expect the cost to fall on the lower end. 

For example, the drywall cost for this project averages around $1,750, but other features, like hiring a plumber, cost between $45 and $200 per hour.

The cost of home remodeling is $50,000 for the average homeowner. However, this cost can range anywhere from $3,000 for a small project to $170,000 for a whole home remodel. Factors like project size, location, and room type all affect your overall cost. For example, bedroom remodeling costs are one of the least expensive projects, costing about $1,500 to $5,500 per bedroom. However, a kitchen remodel has a significant cost range, totaling anywhere from $14,500 to over $70,000.

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.

Yes, most states require home remodeling contractors to be licensed, and for good reason. Hiring an unlicensed home remodeling contractor could lead to poor quality work, costly future expenses, and potential code violations. 

As you browse our pro listings, take note of the “Angi Approved” badge. Angi Approved businesses meet our standards for certification which include:

• The owner, principal, or relevant manager passed a criminal background check

• Required to have applicable state and local licenses

• Maintain an average star rating of 3.0 or better on our network, if they have at least one review

• Paying to advertise their services

• Meeting any other eligibility criteria required by Angi

Keep in mind licensing is different from certifications. A license is a legal requirement to operate a business, while certifications are voluntary.

Although homeowners often use the terms basement remodeling and basement finishing interchangeably, they are quite different terms. 

Finishing a basement is the process of taking a basement space that is not habitable and adding elements to make it usable. This includes adding plumbing, flooring, and insulation.

Remodeling a basement means taking an already existing finished basement and changing it, often by adding or removing walls, adding plumbing, or changing the existing flooring.