You can attach them to the masonry walls using an appropriate adhesive like Liquid nails, applied with a caulking gun. For added insulation, you may want to spend a few extra dollars and to buy panels of rigid foam insulation that can be glued against the walls between those furring strips. Then attach your sheetrock and paint it or put up your paneling and you’re good to go.

Finishing a basement is a great way to add extra room to your home. Before beginning your basement remodel it is important to come up with a good design. A good basement design will allow you to make the most out of your basement renovations. With the right basement plans you can add entertainment rooms, guest bedrooms, and/or a large living area to your basement. Whether you want to finish a basement to add make your house look cleaner, or to add extra rooms to your home, it is very important to draw up basement remodeling plans. You want to make the most out of your house plans with basements and interior remodeling designs, so make sure to research and plan to find the best blueprint layhouts that will work for you and your family.

When it comes to basement renovation, the national average price for a finished basement ranges between $5,000-$70,000. That said, unless you're adding in an elaborate home theater or building in separate rooms with high-end finishes, most Thumbtack customers report paying, on average, between $5,100-$7,150 for their remodeled basement. A finished basement provides you additional living space, increases your home’s value, and offers great return on investment when it comes to home improvement projects.
Accounting for variables such as square footage, materials, electrical and plumbing, the average basement remodel ranges from $11,034 and $29,226. Some cost as little as $5,000, with top of the line remodels costing over $40,000. The average cost to homeowners is $20,126. Expect to spend between $10 and $35 per square foot depending on the changes made.

After your new bathroom is complete, or you have remodeled an existing space, get it inspected to ensure all plumbing and electrical installation are done correctly. If your bathroom needs to be installed from the ground up, expect to pay somewhere between $6,000 and $15,000 for the entire project. If your basement is already finished but does not yet have the necessary plumbing for a bathroom in the space, you can expect to pay between $200 - $500 to hire a plumber.


For added convenience you may want to put a mini fridge in your basement along with a microwave, and you can illuminate the basement with floor lamps or use track lighting or similar fixtures installed along the ceiling. Decorate to your taste and according to your budget, and you’ll have a new living space that didn’t cost much but can add a lot of value in terms of useful square footage.
The first step in finishing your basement it keeping it dry. Basements often deal with a lot of moisture vapor and hydrostatic pressure, which allow water into an unprotected basement. Because of this, any finished basement has to be waterproofed first. First, test your basement for moisture vapor so you know how much moisture you’re dealing with. There are homes tests you can do yourself or you can hire a professional to do the test for you.

When it comes to basement remodels, the most costly way is to start with bare bones. If all you have is concrete walls and floors, you need to add framing, electrical, plumbing, flooring and trim. Basement finishing in a newer home that already has plumbing and electrical roughed in, a watertight foundation and some insulation installed—but no final finishes (like drywall or paint or carpet)—usually costs less than remodeling an already finished basement. This is because when you already have a finished basement, the pros will need to do demolition at the beginning of the project, which can add $500–$1,500 to overall costs.
The owners of this home wanted extra living space in their home, but their basement was too cold and drab to use for anything but storage. With our innovative finishing products specifically designed for basements, we were able to create a comfortable, beautiful space for the family to enjoy! The MillCreek flooring has an authentic wood grain top surface, printed on a solid vinyl base that can’t be damaged by mold, moisture, or insects, and the EverLast basement wall panels are engineered to never get moldy or rot. With the risk of humidity and moisture that's so common in basements, these products are the ideal basement finishing materials!
This before and after photoset is of a raised ranch basement. In the before picture you can see the outdated and unappealing wood paneling on the walls. The room also looks dark because the window is not allowing natural light to flow in. In the after picture you’ll see that our crew turned this dark and outdated basement into a bright, naturally-lit functional space.

There is no shortage of modern basement ideas to borrow from. Unused basements tend to get filled with every old and unwanted item in the house from worn out furniture to childhood memorabilia. Unfortunately, this is letting precious square footage go to waste. The basement is a perfect space that could be transformed into a warm and welcoming area for your family and friends to enjoy.
The average cost of basement remodeling varies based on the square footage of the basement space, if structural changes are needed, and if you are adding in elements such as electrical work for a kitchenette or plumbing for a half bath. Other factors in cost include whether you have design plans already and what work you want done on the finishes such as trim and flooring. Here’s a breakdown of the various cost factors.
Determine your budget and costs to finish a basement will help get bids before you make a final decision. For example, you may find a cheaper drywaller than you expected, and can use that extra money to add a bedroom. Or you may find that carpet was more expensive than planned, and you will have to make a dry bar with no sink instead of a wet bar. The budget is a guideline for what goes into your basement, and is really the major factor in determining what your space will be. The costs of labor and material will begin to shape your basement within your budget. One final note on your budget. Unless you plan to spend a long time in the home, you will want your budget to be lower than the value it will add to your home. You can determine the general value added by talking to realtors or appraisers and using comparable sales in your area. This is very important because you don't want to spend $25,000 on your basement and only add $15,000 to the value of your home.
Estimate the overall cost to install drywall in the basement at approximately $1.50 per square foot. The basic drywall panel measures 8-feet tall and 4-feet wide and is available in thicknesses that range from 1/4" to 5/8". This standard panel usually costs between $10 and $20. Price will vary depending on the brand, panel's thickness, and if it has any special features like mold resistance which may be beneficial for a basement space. Other material costs when adding drywall include the hardware to secure it to the framing, joint tape, and drywall mud.
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