Assumptions: The flooring in this calculator is carpet. For hardbood flooring or tile your cost will be higher. The costs estimated here are from finishing your basement using typical materials. If you want high end bathroom fixtures, flooring, etc add another 20% to the bottom line. This estimate includes adding one new full bathroom with rough-in plumbing in place.

After deciding on your basement paint you can start brainstorming basement decorating ideas. Looking at basement designs pictures will help you design your basement and make it feel homier. When finishing basement there are a few important things to consider such as basement insulation, waterproofing, and framing. Waterproofing a basement is extremely important to prevent your basement from flooding; nobody wants to come home to a wet basement. To ensure maximum protection against flooding it is important to do both interior basement waterproofing as well as exterior basement waterproofing. There are many different basement waterproofing products on the market so it is important to do some research to find the best one.
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Sourcing supplies, clearing debris, and doing prep work can all help you save on basement costs. Consider what skills you have and talk with your contractor about what will shave money in each area. You may have the tools and strength to demo walls, which can save you several hundred dollars. Sourcing the materials for the pro takes this task off their labor time and saves you money. Doing prep work and finish work is also a way to cut down on total cost. Painting the walls yourself at the end of the project could save you hundreds of dollars. Negotiate all these aspects before signing your contract.
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