Is $70,000 to finish a basement a fair price?
Project Details
I got a HELOC with Achieve last year at 7.1%. I previously used $15,000 from it to redo my bathroom, which I did myself. Now, I'm looking to finish my basement and am debating whether to do the work myself again or hire a contractor. I received one quote for around $70,000, which feels crazy high to me. I'm considering if I should pull more from my Achieve HELOC for this project or explore other financing options. I'm also interested if others have remodeled a basement using a HELOC and encountered similar costs.
Quote Details
A quote was received for finishing the basement. The specific scope of work, materials, and inclusions for this quote are not detailed in the provided text.
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More Details
Category
Foundation
Price
$70,000
Quote Date
August 23, 2025
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