Basement renovations are a great way to maximize your living space and even add value to your home. It can be a complex project though, with plumbing, electrical work and even foundation repairs required. Whether you are dreaming of a new game room, home theater or even an additional bedroom, hire a professional to turn that dark and dusty storage area into a beautiful space for your family to enjoy.
How Handy works
From finishing basement walls to a complete renovation, make Handy your first step. Just enter your zip code, answer a few questions about your remodeling project and we will do the rest, connecting you with experienced professionals in your area who can provide a price quote.
Cost to finish a basement
The average cost to finish a basement depends on the size of the space and what you plan to do with it. Here is a quick guide to some common basement renovations and how much they cost.
Basement renovations cost breakdown
Waterproofing is a vital step for any basement renovation if you want to avoid costly repairs in the future. Costs start from around $300* for minor work but the average cost is around $5,000*.
You may need to have issues such as cracks or settling addressed before your project can get under way. This costs $5,000-$7,000* on average.
Carpet is a great budget option at around $1* per square foot. More expensive choices include engineered wood at $6* per square foot and hardwood at $10* per square foot.
Adding a new HVAC system will add between $4,000 and $6,400* to your basement remodel cost. This can rise by $1,500* or more if new ductwork is required.
Frequently Asked Questions
*Cost estimates referenced are sourced from HomeAdvisor, Angie's List and other national home improvement websites.