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Basements Costs & Prices - ProMatcher Cost Report

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Basements Costs & Prices


We have collected data nationwide to help calculate the average cost of basements in the US. The following are average costs and prices reported back to us:

Cost of Finishing or Remodeling a Basement

$33.10 per square foot (standard grade, including bathroom) (Range: $26.20 - $40.00)
$49.74 per square foot (standard grade, no bathroom) (Range: $42.90 - $56.58)
20.5% of total project cost (Range: 13.33% - 27.67%)
Free Estimates from Local Pros

Cost of Basement - New Basement Addition

$28,215.32 fixed fee - flat rate (Range: $13,459.75 - $42,970.88)
$70.84 per square foot (Range: $48.77 - $92.91)
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 Basement - Finish or Remodel
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Basements Cost Data

40231, Louisville, Kentucky - September 16, 2020

Finishing or Remodeling a Basement

$36.13 to $47.37 per square foot (standard grade, no bathroom)
Estimate takes into account labor. It also includes planning, permitting, wall framing, drywall hanging, ceiling finishing, can lighting, flooring, and basic insulation. Cost estimate excludes furnishings, premium building materials, plumbing, bathrooms, appliances, waterproofing, crown molding, HVAC, wet bars, kitchens, and home theater rooms.

Reported by:
ProMatcher Research Team
See the Louisville Basements Cost Report
97233, Portland, Oregon - November 27, 2019

Basement - New Basement Addition

$8.50 to $12.00 per square foot
Payment date in thirds. A deposit is required to get on schedule. 2nd payment on pour day. 3rd payment upon restoration and customer satisfaction.

Reported by:
Henry Fuapau, 4SONS CONCRETE LLC
See the Portland Basements Cost Report
47904, Lafayette, Indiana - September 16, 2020

Finishing or Remodeling a Basement

$40.46 to $53.04 per square foot (standard grade, no bathroom)
Price quote includes remodeling or finishing a basement. It includes planning, permitting, wall framing, drywall hanging, ceiling finishing, can lighting, flooring, and basic insulation. Excludes furnishings, premium building materials, plumbing, bathrooms, appliances, waterproofing, crown molding, HVAC, wet bars, kitchens, and home theater rooms.

Reported by:
ProMatcher Research Team
See the Lafayette Basements Cost Report
46220, Indianapolis, Indiana - September 2, 2019

Basement - New Basement Addition

$25.00 to $35.00 per square foot
$15,000.00 to $18,500.00 fixed fee - flat rate
Our estimates are a free service to the client. We have a three tier payment plan, 45% down payment followed by second 40% payment once the work has reach the haft point. The remaining 15% is payable upon acceptance of completion.

Reported by:
Mike Davidson, Meridian Pro Service
See the Indianapolis Basements Cost Report
48090, Warren, Michigan - September 16, 2020

Finishing or Remodeling a Basement

$38.19 to $50.07 per square foot (standard grade, no bathroom)
Quote estimate includes labor. Also includes standard-grade building materials (drywall, trim, flooring, insulation, paint etc.), electrical wiring, recessed lighting, and basic cleanup. Cost does not account for furniture, hardwood flooring, bathroom additions, basement drainage systems, kitchenettes, upgraded finishes, or high-end fixtures.

Reported by:
ProMatcher Research Team
See the Warren Basements Cost Report
62234, Collinsville, Illinois - December 18, 2018

Basement - New Basement Addition

$10.00 to $35.00 per square foot
$5,000.00 to $50,000.00 fixed fee - flat rate
Cash Credit card

Reported by:
Charles King, Kc home improvement
See the Collinsville Basements Cost Report
53714, Madison, Wisconsin - September 16, 2020

Finishing or Remodeling a Basement

$40.13 to $52.61 per square foot (standard grade, no bathroom)
Manhours for remodeling or finishing a basement are included in estimate. Cost takes into account planning, permitting, wall framing, drywall hanging, ceiling finishing, can lighting, flooring, and basic insulation. Additional charge for furnishings, premium building materials, plumbing, bathrooms, appliances, waterproofing, crown molding, HVAC, wet bars, kitchens, and home theater rooms.

Reported by:
ProMatcher Research Team
See the Madison Basements Cost Report
37209, Nashville, Tennessee - April 1, 2018

Basement - New Basement Addition

$22.00 to $35.00 per square foot
We invoice a customer only after we have completed a portions of the work, not before. It is not our philosophy to accept upfront money.

Reported by:
Carl Acoff, Pro Contractor Services
See the Nashville Basements Cost Report
54403, Wausau, Wisconsin - September 16, 2020

Finishing or Remodeling a Basement

$39.76 to $52.12 per square foot (standard grade, no bathroom)
Estimated quote takes into account the price of basement remodeling. Also includes standard-grade building materials (drywall, trim, flooring, insulation, paint etc.), electrical wiring, recessed lighting, and basic cleanup. Estimate does not account for furniture, hardwood flooring, bathroom additions, basement drainage systems, kitchenettes, upgraded finishes, or high-end fixtures.

Reported by:
ProMatcher Research Team
See the Wausau Basements Cost Report
43229, Columbus, Ohio - February 28, 2018

Basement - New Basement Addition

$35.00 to $45.00 per square foot
Installing everything to complete new living space.

Reported by:
Bill Holloway, Buckeye Guys Construction, LLC
See the Columbus Basements Cost Report
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Disclaimer: Costs and prices shown on the ProMatcher site are intended to be used as general information, not as guaranteed estimates. To obtain cost information relevant to your project, request a quote or estimate from a local service provider.
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