Blog | MBG Renovation

How Much Does a Basement Remodel Cost in Des Moines?

Written by Mike Butterworth | Jun 22, 2020 4:09:03 PM

An unfinished basement is like a blank canvas: it has so much potential! Finishing your basement can add living space to your home and make it more attractive to home buyers if you decide to sell. It also gives you a great place to send the kids to play on a rainy day and a space to watch movies and play board games with your family. If you have an unfinished basement in your Des Moines home, remodeling will improve your quality of life and increase your home's value. But how much does it cost?

Cost of Basement Remodeling or Finishing

Like any home improvement project, basement finishing varies in price. At the low end, you can expect to spend around $35,000 for a basement that includes a bathroom. Remodeling an existing basement can be more expensive than finishing a basement, with some higher end remodels costing as much as $80,000 or more.

 

Factors that Influence Cost

Basement remodels generally cost around $90 per square foot, so one of the factors that most affects the cost of your basement remodel is the size. Other factors that affect the cost of your project include:

  • Finishes and Fixtures. When selecting your finishes and fixtures, be mindful of your budget. Using higher-end finishes like marble countertops and Brazilian walnut wood flooring can significantly increase the total cost of your project. 
  • Features. Adding high-end features like a wet bar, home theater system, or custom built-ins will also increase the cost of your project. 
  • Contractor Charges. These charges will vary based on who you select for your project. 
  • Complexity. Complexity increases cost. The more complex your project, with more features (kitchenette, bathroom, etc.), the more expensive your project will be. If you're on a budget, opt for something simple and basic. You can always add on later!

 

Get the Most Out of Your Basement Finishing Project

basement remodeling or finishing project is a major undertaking that can take up to about 2 months to complete. It's not something you'll want to do without a plan. The following tips can help you get the most out of your basement finishing project.

  • Know What You Want

    Make a list of must-haves and nice-to-haves. Knowing your priorities can help you communicate effectively with contractors about your upcoming project.
  • Create a Remodeling Budget

    How much can you afford to spend? Contractors will need to know your budget in the initial conversations as you discuss your upcoming remodel.
  • Secure Financing for Your Remodel

    Unless you're planning to pay for your basement remodel with cash, start contacting lenders to find out how much you'll be able to borrow.

 

 

Want to Remodel Your Des Moines Basement?

Do you want to find a reputable contractor in Des Moines to remodel your basement? Look no further! We can help you transform your dark, damp basement into a dreamy space for entertaining friends and family. Contact us today to learn more about our process and how we can help you!