Your Complete Guide on How to Finish a Basement on a Budget

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For many homeowners, the basement is just something to walk through on the way to do laundry. It’s an eyesore. It’s filled with junk we should probably get rid of. It’s too cold, too damp.

it would be too expensive to renovate anyway.

It doesn’t have to be this way. With a little creativity and a realistic budget, basement spaces get transformed into cozy, functional rooms.

If you’re wondering, how to finish a basement in your home while keeping costs low, read on.

Why and How to Finish a Basement

Finishing basement on a budget depends on a few factors. Your basement may be partially finished, completely finished, or not finished at all. While this affects the cost, it shouldn’t be a deterrent.

There are many reasons to remodel a basement space:

  • Increases the value of your home
  • Adds to the enjoyment of the home
  • Creates extra space for family members and guests
  • Adds a home office or workspace

Family members need space to enjoy time both with and away from each other. Compared to the cost to finish basement, it doesn’t seem like much.

Floors and Ceilings

Keep the ceiling open if possible. This creates the illusion of space when space is otherwise limited. Paint exposed pipes to match the walls or hide them with removable tiles. This ensures easy access when repairs become necessary.

Finish floors with inexpensive vinyl tiles. Some basements flood with heavy rains, so make sure flooring is waterproof. It can be a DIY job, but it’s best to leave flooring to the experts.

Lighten Up

Light colors create the illusion of space as well, especially white, as do wall mirrors. Skip the drywall and paint the original walls to save space. For sub-level basements, use natural light from windows to your advantage. Install track lighting and use lamps to brighten dark corners.

Be Safe

If you plan on spending a lot of time in your basement, make sure the air is healthy. Keep humidity low with a dehumidifier to prevent mold. Use a water purifier to remove dust and other particles from the air. Make sure walls and floors remain waterproof. Add insulation to keep the space warm in the winter.

Take Advantage of Unique Spaces

Homeowners want to know how to finish a basement cheap. Build inexpensive walls for storage under the basement stairs. Shelving helps alcoves look better and maximizes space. Wall off the laundry area to create separation and limit noise.

Get Creative

How much to finish a basement? A lot less if you shop smart for furnishings. Buy throw rugs, wall hangings, and furniture at second-hand store or yard sales. Buy a few inexpensive art prints. Express your creativity by selecting a theme like music, movies, or sports and decorate accordingly.

Enjoy Your Basement

We hope this guide informed you on how to finish a basement in your home. We are available to discuss the cost to finish a basement and provide our services when you’re ready to renovate.