Cost to Finish a Basement in Minneapolis, Minnesota ()
The cost to finish a basement in Minneapolis, Minnesota ranges from $40 to $74 per square foot depending on the features installed (bathrooms, kitchens, wet bars, etc.). Basement remodeling cost ranges from $20,000 to $111,000. Projects with kitchens or bathrooms are at the higher end of this range. Projects that include only floor and drywall finishing are at the lower end of this range. To get a more accurate cost for your basement finishing project, request a quote. Please note that if you use our matching service, we may be compensated.
Topics Covered in this Guide: Cost to Finish a Basement | Cost to Finish a Basement Factors | Frequently Asked Questions | Related Cost Guides | Find Basement Finishing Contractors | Cost to Finish a Basement in Your Area
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How Much Does It Cost to Finish a Basement in Minneapolis, MN?
The cost to finish a basement in Minneapolis, Minnesota ranges from $40 to $74 per square foot depending on the features installed (bathrooms, kitchens, wet bars, etc.). Basement remodeling cost ranges from $20,000 to $111,000. Projects with kitchens or bathrooms are at the higher end of this range. Projects that include only floor and drywall finishing are at the lower end of this range.
This guide is intended to provide you an approximate cost to finish a basement in Minneapolis, MN. To get a more accurate quote for your specific project, request a free estimate. Our research, although general in nature, does include feedback provided by basement finishing contractors and research conducted by the HomeBlue staff.
Cost to finish a basement based on the size of the garage:
- Cost to finish a basement (20x25, 500-sf basement): $20,000 to $37,000.
- Cost to finish a basement (20x30, 600-sf basement): $24,000 to $44,000.
- Cost to finish a basement (20x40, 800-sf basement): $32,000 to $59,000.
- Cost to finish a basement (25x40, 1,000-sf basement): $40,000 to $74,000.
- Cost to finish a basement (30x50, 1,500-sf basement): $61,000 to $111,000.
- Note: If you are adding a kitchen, wet bar, or bathroom, look to the upper end of these estimates.
- Note: If you are just finishing the floors and walls of a basement, look to the lower end of these estimates.
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Factors that Influence Basement Remodeling Cost in Minneapolis
When basement remodeling contractors come to your house to provide you an estimate, they will consider a number of factors that can increase or decrease the cost of your project. Pricing for your basement finishing project will vary based on your geographic location, the size of your house, and the terrain of the site. Here are a few things to keep in mind when you get quotes from basement finishing companies:
Your prices may be higher when:
- The basement is large (more materials required).
- A new kitchen is added or remodeled.
- A bathroom is added or remodeled.
- A wet bar is included.
- Plumbing is not present or is difficult to run.
- Electrical is not present or is difficult to access.
- A sump pump is needed.
- Concrete cutting is required.
- Windows or exterior doors are upgraded.
- You need foundation drains or waterproofing.
- Labor costs in the location of the project are above average.
- The location of the project is difficult to reach (more travel time).
Your prices may be lower when:
- The basement is small (fewer materials required).
- A kitchen is not part of the project.
- A bathroom does not need to be added.
- Project does not include a wet bar or built in cabinets.
- Plumbing and electrical are in place or easily accessible.
- There is no need for a sump pump or waterproofing.
- No windows or exterior doors need to be upgraded.
- Labor costs in the geographic area are below average.
- The site is easy to reach (less travel time).
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Basement Finishing FAQs
Here are a few frequently asked questions related to basement finishing:
When incorporating a new kitchen or bathroom into your basement project, you will likely be required to prepare construction documents. Talk with your contractor to determine if an architect is necessary. Regardless of the path chosen, some form of detailed drawings will likely be necessary to secure permits, especially if the project involves structural, plumbing or electrical work. These drawings will not only help meet local regulatory guidelines, they will also help you define exactly what you expect from your contractor.
Basement kitchen cost in Minneapolis ranges from $9,000 to $28,000 depending on the quality of the finishes and appliances you select. This presumes that both plumbing and electrical are somewhat accessible to the location of the kitchen. For a more accurate estimate tailored to your specific project, request a quote from a local contractor.
The cost to add a bathroom to a basement in Minneapolis, Minnesota ranges from $9,000 to $28,000 depending on the quality of the finishes you select. This presumes that plumbing and electric service is reasonably accessible to the location of the new bathroom.
Basement wet bar cost in Minneapolis, Minnesota ranges from $4,000 to $7,000. A wet bar may include features such as a sink, refrigerator, and ice machine.
It is probable that obtaining a permit will be necessary for basement finishing projects within Minneapolis. Discuss the permit process with contractors you are evaluating for the project. A seasoned contractor should be to guide you through the process. Be sure to include obtaining permits as part of your agreement.
Finding basement finishing contractors in Minneapolis can be accomplished using various approaches: 1) Reaching out to neighbors that have recently hired a basement remodeling contractor, 2) Conducting an online search using relevant keywords like “basement finishing contractors,” 3) Using a directory such as the yellow pages, 4) Watch advertisements on local TV stations, 5) Using an online matching service, which offers a convenient way to connect with local basement finishing companies.
Related Cost Guides
We have researched several other closely related projects. If one of these projects better represents the type of project you are undertaking, please check out the appropriate guide:
- Remodeling a kitchen? Kitchen Remodeling Cost Guide for Minneapolis
- Remodeling a bathroom? Bathroom Remodeling Cost Guide for Minneapolis
- Need basement waterproofing? Basement Waterproofing Cost Guide for Minneapolis
- Need a sump pump installed? Sump Pump Cost Guide for Minneapolis
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Local Basement Finishing Contractors Near Minneapolis, MN
The following are a few contractors in your area. Note that these companies have not been screened or vetted by HomeBlue. Please conduct proper due diligence prior to hiring these or any other company you may select.
Muse Remodeling Whatever you’re envisioning, your inspiration drives us to create exactly what you imagined to enjoy your lifestyle and your home more than ever. Discover what makes our design-build remodel process in the Minneapolis area different from the rest. We have a showroom at both of our Edina and Woodbury locations so you can see the craftsmanship we offer, in person. Experience the quality and attention to detail we will bring to your home renovation project, as well as the exceptional customer service our team takes pride in offering.
Perry & Horton Construction LLC Complete home design and remodeling services in Minneapolis, Saint Paul, and the entire Twin Cities Metro Area. When you choose Quality Cut Remodelers to work on your project, you are working directly with the owners from start to finish. This means that you can trust us to do the project right the first time. We understand what a leap of faith it is to have contractors in your home, and we work hard to earn and keep your trust.
Basement Finishing Cost Estimates
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Find the Cost to Finish a Basement in Your Area
Basement remodeling cost varies from area to area. We have developed a number of cost to finish a basement guides to help you identify the basement renovation cost near you.
- How to Get Basement Finishing Price Quotes
- How to Get Matched to Basement Finishing Contractors
- Search for Cost to Finish a Basement in Your City
- Cost to Finish a Basement Guide (National Averages)
- Cost to Finish a Basement in Minot, ND