Your Guide to Renovating a Basement From Top to Bottom

Break your basement renovation project into bite-sized tasks

 A living room in a basement with great design elements
Photo: Andreas von Einsiedel / Corbis Documentary / Getty Images
 A living room in a basement with great design elements
Photo: Andreas von Einsiedel / Corbis Documentary / Getty Images
Get quotes from up to 3 pros!
Enter a zip below and get matched to top-rated pros near you.
Geo Icon

Regardless of your starting point, redoing your home’s basement is a surefire way to increase the livability and value of your house. Unfinished or outdated basements often equate to wasted space that could provide more room for living, storage, or entertainment. 

The trick is learning how to tackle a sizable DIY basement remodel without becoming overwhelmed. Of course, you can always hire a local contractor to help get your basement remodel project over the finish line. Let’s take a look at ways to renovate a basement for best results.

Why Should You Remodel Your Basement? 

Before diving into a large remodel project, it’s important to consider your purpose for dedicating your time, effort, and money to it. Suppose your home’s basement is unfinished, under-finished, or is no longer useful in its current configuration. In that case, it’s usually worthwhile to transform your basement into a more useful space. A basement is one of the easiest and least expensive areas to remodel, with the potential for significant returns on resale value. 

Simply brightening up a basement with lights and a window or two will transform the space from what feels like a cellar to an enjoyable place. However, you can achieve the greatest results through thoughtful planning and executing a complete makeover. Even better, you can DIY the whole project or hire pros to tackle the most complicated parts. 

How Much Does It Cost to Remodel a Basement?  

The cost to remodel a basement ranges from $12,173 to $33,296. The average cost of a full basement remodel is $21,670. However, the total cost of your basement remodel depends on several factors, including the square footage and extent of the renovations. 

How to Prep for Remodeling Your Basement 

Preparing to remodel your basement depends on your starting point, meaning your basement’s current condition. If you have a finished basement that needs upgrading, plan on peeling back some layers to see what you’re working with before making a plan. 

If your basement is unfinished, an excellent place to start is to assess and address any foundation problems that will be easier to deal with now than after new walls are in place. Basements tend to experience water issues, so even if water damage hasn’t been an issue in the past, consider waterproofing your basement before finishing it. 

How to Remodel Your Basement

You can break down basement remodeling into three distinct parts: making a plan, assembling a team, and getting to work. Let’s take a look at the steps involved in each part of the process.

Create a Remodeling Plan 

 A young woman using measuring tape to mark a wall
Photo: anut21ng Stock / Adobe Stock

First, develop a firm grasp on the purpose and function of your future finished basement. Will it be for sleeping, playing, entertaining, or relaxing with a bowl of popcorn and a movie? Not only is detailed planning a good idea, but plans, drawings, and specifications will also be necessary for obtaining permits and hiring contractors.  

  1. Record detailed measurements of the entire space. 

  2. Decide on a plan scope with a list of rooms and elements to include. 

  3. Inspect your basement for any foundation wall damage or water-leak spots. If you find any, plan to fix them before starting the basement remodel.  

  4. Create drawings and spec sheets for your remodel or hire a remodel designer to draw them for you. 

Assemble a Remodeling Team

Even if you plan on redoing the basement yourself, there are several professionals that must be involved in the project. That may only include a permit department representative, home inspector, and your local home center salesperson, or it may consist of a large group of contractors. 

  1. Decide how much of the work you can perform on your own and what parts of the projects you’ll need professional help. 

  2. Hire the right remodeling contractor by obtaining several bids from various contractors. Request at least three estimates from different companies if you’re hiring a contractor to perform the entire project. If you’re doing your own contracting, get bids from plumbers, electricians, HVAC pros, and anyone else you may need. 

  3. Hire and make deposits with your chosen contractors. 

  4. With the help of the contractors, develop a plan and a timeline for the project. Remember to add in extra days to handle unforeseen challenges. 

  5. Secure the necessary permits before starting any work. 

Get to Work

A professional using plaster on the ceiling
Photo: geargodz / Adobe Stock

For a full basement remodel, expect to live above a dusty construction zone for at least several weeks. 

  1. Rent a dumpster. 

  2. Start by clearing everything out of the basement. Take advantage of this opportunity to declutter your home.

  3. Demolish and remove every structure that isn’t staying as part of the remodel. Be careful not to remove load-bearing walls or posts without consulting a professional contractor first. 

  4. Perform basement waterproofing steps.

  5. Frame the new walls. 

  6. Install the rough-in stages of the mechanicals. Perform the necessary HVAC, plumbing, and electrical services, in that order. 

  7. Install the insulation and vapor barriers. 

  8. Ensure that all applicable rough-in and insulation inspections are installed correctly. 

  9. Finish the walls and ceilings with drywall and paint. 

  10. Install the final mechanical equipment and fixtures. 

  11. Lay the flooring and install the finish trim work.

  12. Pass the final basement inspection.

  13. Decorate your new space and enjoy. 

Tips for Remodeling Your Basement   

No matter how much of the work you’re planning on doing, here are some tips to help the process go as smoothly as possible.

  • Research requirements: Develop a basic understanding of applicable building code requirements, especially  regarding stair clearances, ceiling heights, and egress requirements. 

  • Shop around for pros: Request at least three bids from contractors for each part of the project you’re not performing yourself.

  • Budget time wisely: Be flexible with the schedule and add several extra days into your project timeline. 

  • Expect the unexpected: Basement remodels are notorious for running into unforeseen circumstances despite the best planning. It doesn’t mean everything is horrible. It just means you’re remodeling a basement. 

  • Set a realistic budget: Once things go behind a basement wall, they’re expensive to fish out and repair if something goes wrong. Spend a few extra dollars on high-quality materials to save repair cash later. 

  • Use up the space: Take advantage of as much floor space as possible while leaving plenty of room to service the home’s mechanical equipment easily. 

DIY Basement Remodeling vs. Hiring a Pro

DIY basement remodeling is a major project that demands significant time and funding commitments. Sometimes, how much you’re willing to spend may determine how much extra work you’ll perform on your own. 

Completing a basement remodel as a DIY project is tremendously satisfying, even if you hire out much of the work. However, the job consists of several difficult tasks that are best left to the pros. If remodeling your own basement isn’t your favorite way to spend a month of your life, a nearby basement remodeling company is always ready to help. 

Frequently Asked Questions

Yes. Renovating your basement has a return on investment (ROI) of 75%, meaning your remodel investment will significantly increase the value of your home. Besides the ROI, your family can enjoy a larger, more usable space while you live there. 

There are several small, inexpensive upgrades you can make to upgrade your basement. Although you still need to adhere to building codes and obtain permits when necessary, you can complete small but mighty tasks like painting the masonry walls and installing entertainment devices to make the space more usable. 

Physically, the most challenging part of finishing a basement is installing egress windows or doors when the space is below ground level. Mentally, the hardest part may be envisioning the project and planning around load-bearing and mechanical obstacles. 

Need professional help with your project?
Get quotes from top-rated pros.
The homeowners guide to basement remodels
From average costs to expert advice, get all the answers you need to get your job done.
Chic living room with bar
Dec 16, 2024
Dec 16, 2024
A basement bar can add value to your home and serve as a great place to entertain. Use this guide on the cost to build a bar in your basement to get started.
A living room with a desk and a fireplace in the basement
Oct 14, 2024
Oct 14, 2024
A basement remodel can often cost as much as adding another room. But considering the usefulness of a remodel—and the return on investment—homeowners should consider it.
Basement living room with wet bar
Jan 14, 2025
Jan 14, 2025
An unfinished basement has a lot of potential for a family room or guest suite. So how much does it cost to finish a basement? Read on for all cost factors.
Basement room with home office desk underneath the stairs
Oct 11, 2024
Oct 11, 2024
Do you have a finished basement? If you want to give it a new lease on life, find out how you can do a basement remodel on a budget.
mother and kids walking down stairs in home
Oct 22, 2024
Oct 22, 2024
Thinking of refinishing your basement and looking for basement remodel ideas? Check out 25 ways to transform your subterranean space.
A cellar turned into a home theater
Oct 14, 2024
Oct 14, 2024
If your home’s basement is forgettable, consider turning it into a place you’ll love to showcase instead. Try these cellar renovation ideas at your home.
Share project details to get started.