New West CoHow much does it cost to finish a basement?
Finishing a basement in Northern Colorado runs about $20 to $23 a square foot of floor for framing, insulation, drywall and paint. Electrical, a bathroom and flooring are priced on their own lines.
| Basement size | Walls, insulation, drywall, paint |
|---|---|
| 400 sq ft | $8,000 to $9,200 |
| 800 sq ft | $16,000 to $18,400 |
| 1,100 sq ft | $22,000 to $25,300 |
Framing only
If you are finishing it yourself, we frame interior and basement walls at $9.75 to $11.25 a square foot of wall, labor. See interior framing.
Bedrooms, bathrooms and the rest
| Item | Price |
|---|---|
| Bedroom with closet and door | $4,500 to $5,250 |
| Egress window with well | $5,450 to $6,350 |
| Basement bathroom | $27,300 to $31,650 |
| Wet bar | $10,950 to $12,650 |
| LVP flooring | $7.5 to $8.75/sf |
| Permit and inspections | $1,500 to $1,750 |
More on our basement finishing and room framing and finish pages.
Questions
What does the price per square foot include?
Framing, insulation, drywall, tape and texture, and paint. Electrical, plumbing for a bathroom, flooring and egress windows are their own lines.
Do I need a permit to finish a basement?
Yes in almost every Northern Colorado town. We pull it, and the electrical and plumbing go through licensed trades.
Can you add a bedroom?
Yes, if there is an egress window that meets code. If there is not one, we can price adding it.
More cost guides
Prices from New West Co's own rates, updated 2026-10-13. They match our online estimator. These are the prices we bid with. The site walk confirms them, and anything it finds shows on your bid as its own line.
Get your own number
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