Basement Partners, Inc. is dedicated to making the process of designing, planning, and finishing your basement as clear, easy, and stress-free as possible. To this goal, we’ve created a simple 6 step process through which we guide all of our customers. To learn more, simply click on a process image below to view its description.

Estimating the Cost of a Finished Basement

Every basement is unique and the cost will vary depending on the customer’s individual wants and needs. Generally, variables such as total square footage finished, types of rooms included (bathroom/ bedroom), finishes, architectural elements, and specialty items such as wine cellars, wet bars, theater rooms, etc. will all be part of determining the final cost.

To give you a more specific idea, according to the Denver Post, “Basements can be finished for $30 to $75 per square foot, compared with room additions, which range in cost from “$150 to $200 per square foot.” Upstairs square footage typically ranges from $150 to $250 per square foot depending on your location.

Our basements generally start at $40 a square foot as we are focused on delivering distinctive, high-quality basements as well as an exceptional customer experience.

Usability Factor

One of the most important values of finishing a basement includes benefits that can’t be measured in actual dollars and cents. For example, how do you measure the improved quality of life and enjoyment one gets by adding an entertainment area with lots of space for young children, an extra bedroom/bathroom for guests, or a home theater? This usability factor is often overlooked and difficult to measure. However, it is a major component of the actual value of a basement-finishing project.

One thing to consider is the more you make your basement feel like an extension of your house, the more enjoyment and pleasure you will ultimately receive from the space. That is why we feel it is important to use similar architectural features and finishes consistent with the rest of your house. 

Resale Value

There are many factors that can affect the resale value of homes, including:

• Whether the lower level compliments the rest of the house with the same feel, quality, and finishes.
• Addition of high demand rooms such as a bedroom and a bath in the space.
• City and area in which you live. 
• Value of the house itself and the rate at which property values are changing.

Ultimately, if resale value is a major factor in your decision to proceed with your basement finishing project, the best course of action is to speak with a professional real estate agent familiar with your specific neighborhood.

Choosing a Reputable Contractor

According to Remodeling Magazine, over 80% of customers are not satisfied with their remodeling contractor. Additionally, one out of every four contractors goes out of business each year. We believe the largest reasons are that:

• Many contractors make it difficult for customers to compare bids on an apples to apples basis through the use of misleading pricing techniques.
• Many contractors underbid jobs and subsequently ask for more money to complete the work or perform substandard work to stay within budget.
• Many contractors do not pull building permits and are not held accountable to building code.
• Many Contractors do not pay their Subcontractors, resulting in the customer being liable for liens against their property – typically not known until a title search is performed during the sale of the home.
• Customers are not made aware that not all basements are the same and that price should not be the only factor considered in making such a large decision.
• Many Contractors do not finish projects on time – customers are forced to project manage their general contractor.
• Many Contractors are not responsive - multiple un-returned phone calls leads to frustration.

Questions to ask any Contractor before signing a contract (click here to print the list below):

• Are you a member of NARI & subscribe to the organization’s Code of Ethics?
• Have you been awarded or recognized for your projects, quality of design & product?
• Are your employees trained & experienced in customer service and construction?
• Will you provide you with a complete list of all past clients including current clients?
• Do you have a General Contractor’s license in this city as well as Liability Insurance & Worker’s Compensation insurance?
• Do you provide formal design services, including 10 hours with a certified Interior Designer, to design my new space?
• Does your office have modern technology including computers, email, digital cameras, PDA’s & CAD programs, etc.?
• Do you do 3D digital walkthrough before construction so we can visualize the space?
• Do you spell out what IS included and NOT included in the contract?
• Do you conduct formal walkthroughs at critical stages of the project?
• Do you use preferred subcontractors & suppliers?
• Does your company require all Change Orders be in writing and approved?
• Will you establish a secure process for letting in subcontractors?
• Will your crews keep the job site clean as an integral part of the workday?
• Will there be a company representative on my job daily to check on subcontractors?
• Do you offer a 2-Year "Bumper-to-Bumper" Warranty & 5-Year Limited Warranty on work & products?
• Is a written schedule created, making it possible for the work to be completed on time?

Basement Partners, Inc. can answer all of the above questions AFFIRMATIVELY!