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When you're planning a basement remodel, two large factors in the cost are how you plan to use the space and the extent of the renovations. A remodeled basement can be used for everything from storage to an office space to a place to entertain guests, making it the price range a varied one.If a homeowner is seeking to make basic changes in order to renovate a basement, then it can cost as little as $1,000 - $6,000.This means the walls and floor will be waterproofed, then carpet, wall panels, upgraded flooring or improved lighting might be added to make a basement feel like a living space. remodeled basement can be used for everything from storage to an office space to a place to entertain guests, making it the price range a varied one. If a homeowner is seeking to make basic changes in order to renovate a basement, then it can cost as little as $1,000 - $6,000.
Finishing a 600 square foot basement may cost a homeowner between $30,000 and $45,000 to create an additional dry, useable living space. The cost to finish a basement per square foot is about half the cost of building an addition of the same size onto your home! In general, the price tag for basement finishing ranges between $50.00 to $75.00 per square foot of finished space. 2  This cost does not include furnishings or appliances, for example.