Quick Answer

Basement Finishing Cost in Portland (2026)

Average cost in Portland

US$60,563avg

US$15,810 — US$150,000

US$25 — US$150 per sq ft

+4.5% YoY
8 sources
Updated 2 weeks ago
Oregon

Cost Breakdown

Itemized
Materials

Framing, drywall, flooring, and fixtures

US$7,115 — US$67,500

45%

Labor

Skilled trades (electrical, plumbing, carpentry)

US$6,324 — US$60,000

40%

Design & Planning

Architectural plans and interior design

US$1,581 — US$15,000

10%

Permits & Fees

City of Portland building and trade permits

US$790 — US$7,500

5%

🧾None (0%) — Oregon
Base cost + $0 tax$60,563

None at 0%

📋What's Included

Scope

Typically Includes

  • Framing & drywall
  • Basic flooring (LVP or carpet)
  • Electrical (outlets & lighting)
  • Egress window (if required)
  • Painting
  • Basic bathroom rough-in

Typically Excludes

  • Full basement bathroom
  • Built-in bar or kitchen
  • Home theater wiring
  • Waterproofing (separate cost)
  • Permits & inspections

Assumes an unfinished basement with existing concrete floor and basic utilities.

🧮Estimate Your Cost

Interactive

Estimated Cost

US$35,130

US$28,104 — US$42,156

Based on 8 sources and market data for Portland. Actual costs may vary depending on specific project requirements.

📈Price Momentum

Year-over-year

~1 year ago

US$57,955

Today

US$60,563

Basement Finishing in Portland is 4.5% compared to roughly a year ago — about US$2,608 more on the average project.

Comparison derived from the year-over-year change rate, not a month-by-month price index. We don't store historical snapshots yet — when we do, this will become a real time series.

🏢Top Basement Finish Contractors in Portland

Verified providers
🔨

Metke Remodeling & Luxury Homes

17428 SW Ferry Rd, Lake Oswego, OR 97035, USA

5.0
★★★★★

53 reviews

🔨

Catalyst Construction & Kitchen Remodeling

825 NE 20th Ave A, Portland, OR 97232, USA

4.9
★★★★½

57 reviews

🔨

Unbreakable Remodeling PDX

Beaverton, OR 97005, USA

4.9
★★★★½

53 reviews

🔨

Lamont Bros. Design & Construction

18675 Willamette Dr, West Linn, OR 97068, USA

4.7
★★★★½

97 reviews

🔨

Arciform

2303 N Randolph Ave, Portland, OR 97227, USA

4.7
★★★★½

41 reviews

Provider data sourced from public business directories. Ratings and reviews are public and may change. LookupCost is not affiliated with listed providers.

💬What People Actually Paid

Community

Common Questions

Homeowners in Portland can expect an ROI of 60% to 75%. Finished below-grade space is typically valued at 50% to 70% of the value of above-grade living area in local appraisals.

Installing a legal egress window, which is required for any basement bedroom, typically costs between $3,500 and $6,000 per window, including excavation and well installation.

Yes, many Portland homes have elevated radon levels. A radon mitigation system typically adds $800 to $1,500 to the project cost and is highly recommended during the finishing process.

Basic building permit fees range from $300 to $1,200, but total permit costs including electrical, plumbing, and the Oregon 12% state surcharge often reach $1,400 to $2,000 for mid-range projects.

📊Our Methodology

How we collect data
1

Aggregated from 5+ verified web sources and cost databases

2

Licensed contractor estimates and regional cost guides

3

Government construction and labor statistics

4

Community-reported project costs and reviews

Last data collection: 2 weeks ago. Updates run weekly. All costs in USD.

About this data

Cost figures are estimates synthesized from public market data using AI research and refreshed regularly. Real project costs vary by scope, materials, contractor, and site conditions. Always get verified quotes from licensed contractors for your specific project.

Spotted bad data? Let us know — we'll review and update.