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. The cost will depend on the initial shape of a basement, how many upgrades are made and whether or not a contractor is hired to make certain installations.
Your basement will likely need to be fitted with additional wires to support more lights and electronics. You will need to hire a licensed electrician if you plan to install additional overhead light fixtures, outlets and other components that require additional wiring. The cost of electrical installations depends on the exact project, but licensed electricians tend to charge between $50 and $100 per hour.

Maybe it’s just great extra space, a blank palette—there are so many awesome ways you can use the basement. A movie room, game room, family room or kitchenette can provide a special place for the family to bond and have fun. Man caves and/or woman caves have become trendy and there are plenty of modern basement cave ideas available to inspire your own private space.

Boys will be boys. This small man-cave basement is fully equipped with the essentials a man would need in his hideaway retreat – a wall dartboard, a bar and a liquor cabinet. Texture painted ceiling in two tone colors and neutral color painted walls are balanced by the medium tone wood stain finish of the cabinetry, doors and bar stools. Wall to wall carpet adds a warmth and welcoming feel to the room.


If serenity is what you are after, think watery blues with undertones of green. Blue can read differently in different light levels, what looks relaxing on the sample strip can look downright neon covering an entire wall, choosing a blue with green undertones will help prevent that electric blue look. These beautiful, watery colors will make your basement guest room feel light and airy. It will also provide a relaxing, outdoors vibe to a yoga or meditation retreat.
Basement remodeling adds value to your home, increases your useable living space, can protect your foundation from moisture damage, and looks great. Many people remodel a basement to create space for an aging parent or to make room for more children. Another reason for basement remodeling is to create a rentable space that is separate from the rest of your home for a long-term renter or for short-term renting.

Partitioning your basement into separate rooms transforms it from a storage and utility area to an inviting, warm living space. Framing the basement walls and ceilings makes a tremendous difference in the basement’s appeal. Installing interior walls in a large basement helps to hide expanses of empty space, instantly providing a feeling of coziness. Rooms that can be used for a media room, home office or bedroom will result in extra square footage, increasing the value of the home.
But the brilliant trick she employed to disguise the too-low ceiling was to paint the walls and ceiling the same color (Farrow & Ball, Elephant's Breath). Painting the ceiling white and the walls a different color would have created a horizontal line. The eye would use this line to establish the height of the ceiling. Instead, walls and ceiling blur together, making the ceiling look higher than it really is.
Create a restful retreat with a cottage inspired basement with a built-in wood bench and a cozy bed nook. Cool neutral color scheme of tan, pale blue, cream and white combined with minimal furnishings gives this area a warm and welcoming ambiance. For small finished bedroom ideas a built in bench that can be converted in to a bed with under cabinet storage is a great space saver and can increase the home’s value.
You can fit a full bathroom with tub/shower combination in a room that measures 40-square feet. However, on average, a smaller bath (with just a stand-up shower) or a half-bath usually needs to be about 30-square feet for comfort and functionality. Depending on the basement space and layout, you may be able to go with a larger 60-square feet or more bathroom space. Creating bathroom with a separate water closet may require 100-square feet or more.
Take a basement spare bedroom one step further by turning your downstairs into an apartment suite. Go with a kitchenette with updated appliances and an island, a small space to put a couch for lounging, a half wall to create the boundaries of a bedroom, and a bathroom. You can rent the space out to earn some extra money, or let your college kids stay there in between living arrangements and jobs.
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