Enter the total basement finish cost and the total area of the basement into the calculator to determine the basement finish cost per square foot.

Basement Finish Cost Per Square Foot Formula

The following equation is used to calculate the Basement Finish Cost Per Square Foot.

BFC = TC / BA

  • Where BFC is the basement finish cost per square foot ($/ft^20
  • TC is the total cost of the basement finish ($)
  • BA is the basement area (ft^2)

What is the Average Basement Finish Cost Per Square Foot?

The average basement finish cost per square foot is as follows:

Low-end costs: $20-$30 per square foot

Mid-range costs: $30-$60 per square foot

High-end costs: $60-$150 per square foot

Below are some factors that can influence the cost per square foot for your basement:

  • Size
  • Floors
  • Walls
  • Ceiling
  • Windows
  • Electrical Wiring
  • Storage Space

Finishing the basement is a great way to increase the value of your home while at the same time making it more comfortable. Using suitable materials and methods, you can create a proper space for entertaining and relaxing with your family.