How Much Does a Basement Renovation Cost?

Renovated Basement

Not everyone thinks of their basement as a lovely place to be. In many cases, basements as a living space are reserved for movies or those who can afford to indulge their fancy for a wet bar. However, whether you’re looking to schedule basement repairs for your Philadelphia home or are pricing out the cost to finish a basement the way you’d like it to look, it’s essential to think about the final price of the remodel and how best to cut costs without cutting corners.

A basement remodeling service can cost anywhere from as little as $5,000 to as much as $50,000 on the high end. The average basement renovation cost in Philadelphia falls around $20k, but that doesn’t mean that will be the actual cost to finish your basement. 

Here are the most significant things that will impact the final cost of your basement remodeling service:

How Much Moisture

Basement space is notorious for being damp, and with good reason. Many unfinished basements are prone to dampness because water can seep into the foundation from outside and lead to increased humidity within the space. 

One of the easiest ways to minimize the cost to finish your basement is to take care of any problems you have with moisture. The reason you want to avoid simply drywalling over the problem is that mold can start growing incredibly quickly once building materials come in contact with water. When it comes time to sell your home, you then have to worry about potential lawsuits since a buyer can hold you legally liable if they can prove that you failed to report a known risk of mold.

Height of Ceilings

Another way to get a good gauge of the cost to finish your basement is to measure the height of your basement ceilings. In Pennsylvania, building codes can require that a basement ceiling be at least seven feet high, which could mean that you’ll have to regrade your floor before you can legally call your basement “finished.” 

However, it’s worth speaking with a contractor before deciding against a basement remodel project since building codes make certain allowances for different kinds of uses for the space.

Number of Escape Routes

If you plan to create a bedroom while finishing your basement, then you might want to add egress windows to the cost of your basement remodeling service. You want to think about egress windows because building codes require two ways to escape a space in an emergency if someone is going to sleep in the basement. If your home doesn’t already have egress windows available, then you’ll need to think about them when it comes time to calculate basement remodel costs.

To find out more about the costs associated with basement remodeling services, or schedule a consultation with basement waterproofing specialists in Philadelphia, call the Rightway Waterproofing team today!

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John and Barbara Vicich

“We wanted to thank you for your personal and specialized attention to the water problem we had in our basement. You took the time to inspect the whole situation and gave us recommendations, all of which worked. You had a way of explaining the process and materials that would be used in a way that we understood. We are very pleased with the work that was done and would highly recommend your company to anyone.”

-John and Barbara Vicich

Debbie, Berwyn

“The day after Hurricane Irene, all of my neighbors basements were filled with water, while mine remained dry! It is wonderful, everything remains dry and the battery backup worked beautifully when my power was out for 2 days. Dry AND quiet, thank you, thank you! Thanks! Debbie, Berwyn”

-Debbie, Berwyn

Doug Smith, Glenside

“All I have to say is that Hurricane Irene was no match for the job that Rightway did for my basement and my father-in-law’s. I had my basement done 5 years ago and we are still bone dry and my father-inlaw’s was done last year and another dry basement… Great job! I highly recommend them for waterproofing and mold remediation.”

-Doug Smith, Glenside


“I’d highly recommend these guys for your basement. My basement has been dry since they installed a sump pump and French drain in June. They offer a competitive price, they get the job done quickly and they stand by their work. Please mention my name if you proceed down the road with these guys.”


Angelo and Sandra Patiri

“We had our basement waterproofed with Rightway Waterproofing in 2007, after all this time and just getting through Hurricane Irene, we did not get a drop of water in our basement. Rightway Waterproofing did a very good job and we are very satisfied!”

-Angelo and Sandra Patiri