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Basement Finishing Cost in Portland, OR

Based on 280 basement finishing building permits filed in Portland between 2017 and 2026, the typical declared project value is $24,658, with most landing between $16,000 and $50,000. These are real records from Portland's public building-permit data, declared job values, not contractor estimates or AI guesses.

Median declared
$24,658
Typical range
$16,000-$50,000
Permits on file
280
Years covered
2017-2026

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Basement Finishing values over time in Portland

Median declared value moved from $33,852 in 2021 to $35,000 in 2026, up 3% over that span. Each year below is computed from the filings that actually cleared in Portland.

2021: $33,852 (28)2022: $20,000 (27)2023: $32,500 (24)2024: $32,500 (30)2025: $22,500 (18)2026: $35,000 (14)

Recent basement finishing permits in Portland

Actual filings from Portland's public permit records. Declared job values, not final paid prices.

FiledDeclared valueWork described
2026-06-05 $30,000 SINGLE PDF - REMODEL UPPER LEVEL BEDROOM AND TWO BATHROOMS (NO NEW BATHROOMS). ADD NEW STA
2026-06-01 $17,500 SINGLE PDF - REMODEL EXISTING FINISHED DAYLIGHT BASEMENT, REMOVE EXISTING AND ADD NON-LOAD
2026-05-20 $95,000 SINGLE PDF. Partial basement finish, add legal bedroom, full bathroom and family room. All
2026-05-18 $60,000 SINGLE PDF. LEGALIZE FINISHED BASEMENT.
2026-05-06 $10,000 SINGLE PDF - LEGALIZE EXISTING FINISHED BASEMENT, WITH 2 NEW WINDOW WELLS. LEGALIZE 2 EXIS
2026-04-06 $22,300 *SINGLE PDF* CREATE A NEW PRIMARY BATHROOM(3rd) IN EXISTING FINISHED ATTIC, AND CREATE A
2026-03-30 $80,000 SINGLE PDF - CONVERT UNFINISHED BASEMENT TO HABITABLE SPACE TO INCLUDE 2 BEDROOMS, 1 BATHR
2026-03-17 $30,000 SINGLE PDF. Convert partial basement space to finished storage
2026-03-02 $70,000 SINGLE PDF- REMOVE ATTACHED GARAGE, FINISH BASEMENT TO INCLUDE TWO BEDROOMS WITH EMERGENCY
2026-02-17 $20,000 SINGLE PDF-ADD BATHROOM (2 TOILETS TOTAL) IN UNFINISHED BASEMENT*COMBO*
2026-02-09 $40,000 *SINGLE PDF* CREATE A NEW BASEMENT BATHROOM(4th) AND WET BAR IN EXISTING FINISHED BASEMEN
2026-01-29 $50,000 *SINGLE PDF* REMODEL EXISTING FINISHED BASEMENT. CREATE A BEDROOM WITH EGRESS WINDOW, AND
2026-01-28 $8,000 SINGLE PDF. Legalize basement. Basement was illegally finished as an ADU by previous owner
2026-01-07 $75,000 *SINGLE PDF* CONVERT UNFINISHED BASEMENT TO HABITABLE SPACE. CREATE TWO NEW BEDROOMS, TV
2025-11-19 $24,500 *SINGLE PDF* REMOVE WALL BETWEEN KITCHEN AND DINING ROOM. REMODEL EXISTING FINISHED BASE

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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 Portland comes down to home size, materials, and scope.

Where this comes from

Every figure is pulled from Portland's public building-permit records and classified by the work described. Nothing is estimated or AI-generated. How the data works. The moment a Portland homeowner adds a real receipt, this page upgrades to show what neighbors actually paid next to these permit values.

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