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October 11, 2023

Basement Remodeling: Everything You Need to Know For a Smooth Overhaul

If you are looking to add value to your property and create the perfect space tailored to your needs, transforming your basement into a functional living space is a great option. The possibilities are endless - you could turn it into a cozy family room, a home theater, a game room, a gym, or even a guest suite.

With the right planning, resources, and guidance, you can create a beautiful and comfortable living space that you and your loved ones will enjoy for years to come. If you're considering a basement remodel, read on for everything you need to know to make it a success!

Need expert help or advice? Contact the professionals at Mighty Hand Construction to see how we can make your project successful.

Why Remodel Your Basement? 

Remodeling a basement is an incredibly worthwhile investment. Transform this under-used space into anything you can think of, including:

  • Media room
  • Exercise room 
  • Office space
  • Playroom
  • Extra bedroom

From updating the paint and carpet to a complete design overhaul, there are many critical factors to consider when getting started. 

Make a Plan

First and foremost, success requires proper planning. Making various design choices and plotting out how exactly to implement them should be the first thing you do - either by hand, software, or outsourcing the work to a professional service.  

Making a plan will give a better idea of the necessary tools and overall cost. Solid plans also lead to more accurate expectations and fewer surprises (practically and financially). 

The Right Tools and Supplies

As previously mentioned, you’ll need to determine the right type and amount of tools and supplies for the job.

Typically, the following tools will be required:

  • Caulk gun
  • Hammer
  • Insulation adhesive
  • Ladder
  • Level
  • Drills and drill bits
  • Nailgun
  • Saw and sawhorses
  • Tape measure
  • Utility knife

Safety gear is also a must. The basics include: 

  • Dust mask
  • Earplugs
  • Gloves
  • Goggles/ safety glasses 
  • Durable clothes 

Once you’ve made a design plan, you’ll also be able to prepare and determine: 

  • Insulation type
  • Wall material
  • Ceiling style
  • Flooring type
  • Utility locations
  • Paint colors
  • Trim styles


Before beginning any actual remodeling work, it is critical to obtain all necessary permits while meeting all local and federal codes and requirements. In Colorado, you will run the risk of various penalties, which vary according to the scope of your project. If the Inspections Department discovers that you are renovating without the proper permits, they will first issue a stop work order, then proceed to any fines or penalties that are necessary.

Permits, codes, and requirements aren’t there to hassle you and are in place for a reason: your safety! This step can be tedious, but it is among the most important.

Inspect and Fix

When the time has finally come to begin remodeling your basement, the very first step will be to clean the space as well as inspect for and fix any damage. At this point, it’s also smart to address any dampness before getting to later steps.

While you’re doing so, consider the following: 

  • Is your basement foundation intact? Has your home had any cracks or leaks?
  • Do you want to add a bathroom in the basement? If so, is there already a rough-in for plumbing?
  • Is the electrical wiring and utility infrastructure intact? 
  • What’s the basement ceiling like? Is it a drop ceiling or drywall? What is the ceiling’s height? Can it accommodate, for example, larger exercise equipment or a projector screen?
  • Is there an egress window and window well in the basement? If you’re thinking about adding a bedroom, these are necessary for your basement to meet code.
  • Do you have good use of basement storage? Do you want to keep storage options available and/or build those in?

Drainage System

In relation to the above, it’s smart to implement a drainage system to keep water away from your home’s foundations. This prevents any future structural damage to the foundations and will keep your newly renovated basement dry and clean. 

Be sure that gutters carry water at least 10 feet away from the walls of your house, small cracks and leaks around pipes are sealed, and the soil slopes away from the foundations. 

Consider Utilities 

An important aspect of creating a new livable space in your home is ensuring that it has access to all the utilities, including electricity, plumbing, heating, and cooling. Your basement may not need heating or cooling due to the ground’s natural insulation and insulation that will be installed in the walls, but it is efficient to get all the utility work done before progressing further through the remodel. 

Top to Bottom - Prepare the Ceiling, Walls, and Floor

Just like any other type of home remodel, the most efficient and effective way to complete all the work is by starting from the top of the room and working down. 

First, choose between a drop-ceiling (second ceiling below the structural ceiling) or a drywall ceiling and implement its installation with their respective installation kits. Drywall will need several independent steps, including marking and cutting holes for utilities, applying adhesive, and nailing or screwing drywall to joists every seven inches around the perimeter and every twelve inches at the interior. 

Secondly, you’ll need to prepare the walls. New walls need to be framed, and insulation is normally installed prior to drywall over the top. 

The third focus will be the floors. Install sub-flooring for added warmth, dryness, and comfort; then install your favored flooring type whether it's carpet, hardwood, laminate, or something else! 

It is critical to do it in this ‘top to bottom’ order of operations because you don’t want current work to mess up any previous work. For example, you don’t want drywall ceiling materials, adhesives, and paints falling onto your perfectly finished floor. Working from top to bottom eliminates any worry of messing up previous efforts. 


Of course, basement remodeling requires a touch of your own personal tastes! Depending on the purpose of the space, whether it’s an office, a theater, or a toy room, the color of the paint, carpet, and other aesthetics should work together to cultivate the intended atmosphere. 

Don’t forget about couches, wall art, rugs, entertainment systems, and all the rest that will make this new basement a part of your home. 


Finishing your basement provides an estimated 73% return on investment when it comes time to sell your home (although that might vary).

However, the upfront costs will be something to consider before hitting the start button on your project. Expenses are mostly bound up with materials, time, regulations, and, unfortunately, DIY errors. 

While it is estimated that it costs an average of $25/ square foot to transform an unfinished basement of concrete floors and exposed ductwork into a comfortable basement of your style and type, it can be increased substantially if you run into any unforeseen issues. 

Damaging the utilities is not uncommon for individuals attempting a remodel without proper experience, and the repercussions in terms of the extent and breadth of damage can be severe. Labor costs for a professional will range between 10-25% of the total project - well worth the peace of mind that it will be completed to the highest standards without any significant, unforeseen issues arriving. 

Get a Professional Quality Basement 

Remodeling your basement is a smart investment in the value and quality of your home. If you want to reap the benefits but avoid the headaches and potential problems, contact the professionals at Mighty Hand Construction today!

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