600-800 sq. ft. = $52,500 - $68,500. 900-1000 sq. ft. = $77,000 - $85,700. 1100-1400 sq. ft. = $94,000 - $120000. Although material quality and project complexity will skew the figures slightly, these numbers should provide you with a ballpark range of what a proper basement renovation will cost depending on the size of the space.. To remodel a basement, you will spend around $30 to $50 per square foot, or, on average, $40 per square foot. High-end basement finishing projects cost $80-90+ per square foot. Keep in mind that if you opt to use high-end materials, the cost will go up by as much as 30-50%

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Installing drywall costs an average of $1,850 or about $2 per square foot. Finishing basement walls in a 400 square foot space may run you $800, while 1,500 square feet is closer to $3,000. Contractors include labor in the total along with the price of drywall panels, which are $12 to $20 each.. Cost to Frame a Basement. The price of framing a basement is about $1,800 on average, which does.. The average cost to finish a 1,000-square-foot basement is $7,000 to $23,000.*, or $7 to $23 per square foot. A finished basement can serve numerous purposes in a home, including storage, office.