It’s the basement.

Major elements like the walls, floor, and ceiling are already in place.

How difficult and expensive is it to refinish the basement?

Basement rec room with carpet and bar area.

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When hiring professionals to finish the basement, costs rise sharply.

On average, expect to spend in the six figures for a full-scaleremodeling projectwith all the amenities and extras.

There is no real agreement on what constitutes an averagebasement remodeland its cost.

Man installing drywall in new house

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But costs can go much higher for larger spaces.

Note that these average costs do not include major plumbing or electrical work.

If your space will include anew bathroomor other special features, these costs will need to be added separately.

Unfinished Staircase And Living Room In An Upscale Residential Home

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It may involve creating spaces such as playrooms, recreation rooms, additional bedrooms, or home offices.

Basement finishing systems do not use wood or metal studs and drywall.

Plastic covers snap into place between the panels to cover up the seams.

Man on ladder in new house

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Basement finishing companies will not change wiring, plumbing, or HVAC ducting to help raise the ceiling.

But homeowners always have the option of having that work done separately, in advance.

Finishing systems can be completed quite quickly.

downstairs modern house

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For some homeowners, basement finishing systems have a uniform, sterile look that isn’t appearling.

These estimates assume professional installation in a region with average labor costs.