Starting at $20,000
Starting at $35,000
Starting at $46,000
Estimating basement remodel cost Per Sq Foot 500 SF = $20k
800 SF = $25k
1,000 SF = $35k
1,200 SF = $42k
1,500 SF = $52k
1,800 SF = $63k
Labor Cost to Finish a Basement
The average labor cost to finish a basement is $16 per square foot, or around 30% to 40% of your remodeling project. The labor cost to finish a 500-sq.-ft basement is $8,000 on average. This covers all professional labor—carpenters, plumbers, electricians, and general laborers. The more expert help you need, such as a master carpenter or master electrician, the higher the cost.
10-15% contingency budget