Published May 30, 2026
Basement Finishing Cost in MN
$35–$75/sq ft, or $30,000–$75,000 for a typical 1,000 sq ft basement.
What's included
- Framing & insulation
- Drywall, taping, texture, paint
- Flooring (LVP, carpet, or tile)
- Electrical
- Plumbing rough-in (if bath/wet bar)
- Egress (if adding bedroom)
- Trim, doors, baseboards
Add-ons
- Egress window cut-in: $3,500–$6,000
- Full bathroom: $12,000–$25,000
- Wet bar: $4,000–$10,000
- Built-in shelving: $2,000–$8,000
ROI
~70% recoup at resale, plus daily livable square footage.
Free in-home design quote.