Basement Finishing Cost in Minneapolis, MN
Based on 93 basement finishing building permits filed in Minneapolis between 2016 and 2026, the typical declared project value is $24,044, with most landing between $15,000 and $50,000. These are real records from Minneapolis's public building-permit data, declared job values, not contractor estimates or AI guesses.
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Basement Finishing values over time in Minneapolis
Median declared value moved from $22,000 in 2017 to $22,000 in 2025. Each year below is computed from the filings that actually cleared in Minneapolis.
Recent basement finishing permits in Minneapolis
Actual filings from Minneapolis's public permit records. Declared job values, not final paid prices.
| Filed | Declared value | Work described |
|---|---|---|
| 2026-05-28 | $80,000 | (DMH-Pdox) BASEMENT FRAMING & FINISH FOR FAMILY ROOM AND 3/4 BATHROOM IN SFD. - 2020 MNS |
| 2026-04-09 | $75,000 | BASEMENT FLOOR FINISH TO CREATE NEW FLOOR LAYOUT IN EXISTING SINGLE FAMILY HOUSE. AAJ (PRO |
| 2026-03-25 | $79,000 | BASEMENT FINISH IN SFD - INSTALL FRAMING AND FINISHES TO ENCLOSE AND FINISH 10'x12' FAMILY |
| 2026-02-27 | $10,000 | (DMH-Pdox) MINOR FRAMING AND FINISHES FOR BASEMENT BEDROOM IN SFD. - 2020 VERIFY MINIMUM |
| 2026-02-03 | $50,000 | (DMH-Pdox) 2 BASEMENT EGRESS WINDOWS & WELLS TO FRONT & SIDE YARD OF SFD FINISH BASEMEN |
| 2025-09-02 | $98,000 | (DMH-Pdox) INSTALL BASEMENT EGRESS WINDOW & WELL AT REAR YARD OF SFD AND FINISH BASEMENT F |
| 2025-08-15 | $20,425 | (DMH-Pdox) NEW FRAMING & FINISH FOR BASEMENT BATHROOM AND LAUNDRY ROOM. - 2020MNSBC INST |
| 2025-08-08 | $15,000 | (DMH - Pdox) INSTALLATION OF 2 BASEMENT EGRESS WINDOWS & WELLS TO REAR YARD OF SFD. - 202 |
| 2025-06-23 | $25,000 | BASEMENT FLOOR FINISHED TO ADD NEW 3/4 BATHROOM, LAUNDRY ROOM, STORAGE AREA UNDER STAIRWAY |
| 2025-05-08 | $22,000 | BASEMENT FINISH (MAA) ****** BASEMENT WITH BEDROOMS SHALL MEET THE MINIMUM REQUIREMENT OF |
| 2025-05-02 | $95,000 | NON-STRUCTURAL REMODEL INCLUDING BASEMENT FINISH (LIVING ROOM, TWO BEDROOMS WITH EERO IN E |
| 2025-04-24 | $20,000 | NON-HABITABLE BASEMENT FLOOR FINISH TO ADD NEW 3/4 BATHROOM AND STORAGE ROOMS IN EXISTING |
| 2025-04-04 | $22,593 | BASEMENT FINISH TO ADD ONE BATHROOM AND ONE BEDROOM WITH CLOSET AND NEW EGRESS WINDOW WITH |
| 2025-02-03 | $15,000 | BASEMENT FLOOR FINISH OF EXISTING SINGLE FAMILY HOUSE. AAJ (PROJECT DOX PLANS) - I |
| 2024-12-20 | $80,000 | (DMH-ProjectDox) REMOVE AND REPLACE BASEMENT CONCRETE FLOOR AND SUBGRADE IN SFD. INSTALL |
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Add your price →How to read these numbers
A permit's declared value is the job cost the owner or contractor stated when they pulled the permit. It tracks the real cost of the work but can run a bit under what was actually paid, since it often leaves out some labor and finish costs. Treat the range as a grounded starting point. What basement finishing actually costs in Minneapolis comes down to home size, materials, and scope.
Where this comes from
Every figure is pulled from Minneapolis's public building-permit records and classified by the work described. Nothing is estimated or AI-generated. How the data works. The moment a Minneapolis homeowner adds a real receipt, this page upgrades to show what neighbors actually paid next to these permit values.
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