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What is the average cost to finish a basement?

Trying to get a sense of how much a project will cost is one of the most asked questions by homeowners. Today we're going to talk about the average cost to finish your unfinished basement. Let's start off by saying that all of these numbers are ballparks. These costs can vary depending on layout, size and added features. The average cost to finish your basement will range from $70,000 to $120,000 depending on design, layout, and complexity.

Size and layout are the most obvious factors that affect the cost because of the amount of material needed. However other factors like added features like fireplaces or feature walls, for example, factor in to some additional design and build work. You should also consider the finishes you'd like as they come in varied price points. Flooring, bath fixtures, and storage options are just some of the common finishes we see affect price.

Here are some additional questions to ask yourself when refinishing a basement.

  • What is the reason and purpose for finishing my basement?

  • What will be the main use for my new basement?

  • What are my expectations for the construction process?

We'd love to help you figure out the details of your next project so don't hesitate to reach out with any questions!

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