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How Much Does it Cost to Finish a Basement?

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Basements are a great place for expansion, but they have one major strike against them: the fact that they are usually either fully or partially below ground, resulting in very little ambient light.

In designing a basement it is important not only to make it not look like a basement, but to finish it at a higher level of finish than the rest of the house, creating an inviting environment.

Our pricing rubric for basement projects is broken into two categories: the base shell and everything that goes into it.

Base construction includes all framing, insulation, electrical including switches and outlets, drywall, painting, trim, tile or hardwood flooring and 15 to 20 recessed lights per 1000 sq. ft. of open area. Base construction leaves you with a large open canvas in which to add all the amenities you need in a lower level.

The base does not include bathrooms or a wet bar, nor the modification of exterior windows and doors. The base we find can range from $50 to $150+ per sq. ft. of construction depending on the level of finish.

Modification of stairs, which could open the upstairs to the basement or replace the treads can range from $5,000 to $15,000+.

Wet Bar Cost

Now let’s talk about the fun stuff. A walk-up wet bar (a bar up against a wall in which you would serve yourself), can range from $12,000 to $20,000. For a sit-down wet bar, the range is $35,000 to $75,000. Once again, depending on the level of finish, price excludes appliances.

Home Theater Cost

Home theaters can range from $15,000 to over $75,000. Electronics are not included, but we will work directly with an AV team in setting up the space.

Exercise Room Cost

Exercise rooms can add $7,000 to $10,000. This includes wall of glass doors to allow one to view the room from the rest of the basement as well as mirrors along one wall.

Wine Cellar Cost

Wine cellars can range from $35,000 to $100,000+. All of our wine cellars feature fully conditioned space, tri-point lock doors, and custom racking.

Fireplace Cost

Fireplaces can add $8,000 to $13,000, including a stone surround to 5’ and flush hearth at low end to stone surround to ceiling and raised hearth.

Learn More About Berriz Design

For a personal perspective on our values, we encourage you to read the founder’s letter from Berriz Design Director Bob Berriz. You can also learn about our design philosophy. We encourage all prospective customers to review our page Are We a Good Fit? to learn about the clients we like to work with.

If you are looking for a Metro D.C. & South Florida Remodeling Contractor then please call
703-552-7565 or complete our online request form.

You've out done yourself once again! We are so please with our new front and side walkways and patio, and the new landscaping and exterior lighting. The hardscape/landscape designs are both incredibly beautiful and functional. You clearly understood (even better than we did!) what was needed to create an inviting space to welcome our guests and for us to use and enjoy.

Paul & Nina L. – Bethesda, MD

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