How Much Will it Cost to Remodel My Basement?

Remodeling a basement is a great way to add square footage to your home without having to move to a larger house. It is also a fantastic way to increase the value of your property, and make back on your investment when it’s time to sell. Homeowners have several questions pertaining to basement remodels because it is difficult to look at an unfinished basement and assess just how much needs to be done, how much it will all cost, and where to even begin. In this article, we will address these questions and more.

Continue reading and learn the approximate values for home basement remodeling, what to expect, and tips for getting started.

Basement Remodeling 317-454-3612
Indianapolis Basement Remodeling 317-454-3612

Basement Remodeling Basics

Homeowners look forward to refinishing their basements so they can convert an unused space in their home into something extraordinary. Popular choices include a “man cave”, sports room, theater room, children’s play room, extra bedrooms, a bar, entertainment area, a second living area, and much more. Really, there are endless options for basement remodels, so it is solely up to the homeowner to decide what their family’s needs are, or the needs of their home.

Even though the options are endless, no one wants to move forward with a basement remodel until they have an idea of how much it’s going to cost. In fact, the total cost of a basement refinishing job largely influences what type of space conversion a person chooses. If a family has their hearts set on a new home theater, but also wish they had a fun play room for the kids, the cheaper option may end up being the winner. When something is out of budget, there are always other options.

Common Factors that Influence the Cost of Basement Remodeling:

Size and Square-Footage
Window Requirements (i.e. egress windows, replacement, number of windows, etc.)
Door Requirements (i.e. patio doors, glass doors, number of doors, etc.)
Appliances (i.e. sinks, refrigerators, cook-tops, full kitchens, etc.)
Extent of Electrical Work 
Flooring (i.e. custom carpets, hardwood floors, laminate, dance floor, stage, etc.)
Baseboards and Trim
Water Damage/Water Leak Repair
Support Pillars

A few of these factors are decision-based by personal preference, while others are critical parts of every basement remodeling project. It is vital to have water damages and leaks repaired and under-control before any work on a basement can move forward. The rest is simply interior design and customization. This is where you might control the budget. Once the major renovations and repairs are calculated, a homeowner can determine which amenities are most important and desirable, and weed out what they can afford and what they might think about doing later on when they have more disposable income.

Indianapolis Basement Remodeling Contractors

Contact Restoration By L&B at 317-454-3612 and speak with a qualified and knowledgeable general contractor about basement remodeling and renovation, today. We offer quality basement remodeling and renovation services in Indianapolis, Indiana and its surrounding counties. If you have a basement that needs repairs, renovations, or a full remodel, our qualified and insured general contractors have affordable solutions for you!

Residential and Commercial Remodeling