![finished basement](https://webcf.waybackmachine.org/web/20210927232842im_/https://media.angi.com/s3fs-public/styles/widescreen_large/s3/s3fs-public/basement_finish.jpg?itok=OqhqEAaW)
3 pros!
Finishing a basement typically costs $30 to $75 per square foot. According to Angie's List project data, the national average is around $32,000 total cost.
Is the price to finish a basement worth it?
In the real estate world, basements aren’t technically allowed to be factored into the square footage of a home. But that’s not to say a finished basement can’t add value. Each remodel increases the value of a home, but it’s relative to the wants and needs of a prospective buyer.
Are you ready to finish your basement? Consider checking Angie's List for basement remodeling companies to get three estimates before making a choice to ensure a competitive price.
Put some thought into the basement design
If you plan to live in your home for a long time, finish the basement to fit your lifestyle. Whether that includes an in-law suite, a wet bar or pool table, make it useful for your household.
If you plan to sell the house soon, avoid trendy or niche products and finishes when finishing the basement. Select colors and styles that are more universal. Each potenital buyer has his or her own likes and dislikes, so try to go with finishes that are more middle-of-the-road to appeal to a wider range of buyers.
The price to finish a basement
Our basement remodels range from $30 to $75 per square foot. Add up the square footage of your basement and do a quick multiplication to figure out the range. For example, a 1,000-square-foot basement would cost about $30,000 to $75,000 to finish, depending on the materials and layout selected.
The 3,000-square-foot basement in the picture used all top-of-the-line products, and cost $135,000 to finish.
Prices can vary based on a number of factors, including geographical region, products used and your contractor's experience. According to Angie's List data, the national average cost to finish a basement is about $32,000.
There are ways to save money. Our company finished a 1,000-square-foot basement for $27,000. To keep costs low, we salvaged as much as we could from the old basement and chose standard products rather than custom.
Call a remodeling company if you're ready to take the plunge. They specialize in basement renovations and will ensure your new space is modern and fresh.
Editor's note: This is an updated version of the original article. Did you recently finish your basement? Tell us about your experience in the comments section below.
About this Experts Contributor: Kayla Kopke is the marketing manager of Kopke Remodeling & Design, located in Sterling Heights, Michigan. Follow Kopke on Twitter. As of November 11, 2016, this company was highly rated on Angie's List. Ratings are subject to change based on consumer feedback. The views expressed by this author do not necessarily reflect those of Angie's List.