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Basement Finishing Cost in Somerville, MA

Based on 107 basement finishing building permits filed in Somerville between 2015 and 2026, the typical declared project value is $25,000, with most landing between $16,250 and $49,000. These are real records from Somerville's public building-permit data, declared job values, not contractor estimates or AI guesses.

Median declared
$25,000
Typical range
$16,250-$49,000
Permits on file
107
Years covered
2015-2026

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Basement Finishing values over time in Somerville

Median declared value moved from $26,350 in 2018 to $25,000 in 2024, down 5% over that span. Each year below is computed from the filings that actually cleared in Somerville.

2018: $26,350 (10)2019: $21,500 (14)2020: $24,500 (16)2021: $27,350 (12)2023: $50,000 (9)2024: $25,000 (8)

Recent basement finishing permits in Somerville

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

FiledDeclared valueWork described
2026-04-14 $50,000 Removal of drywall in finished basement to expose all existing electrical and plumbing
2026-04-10 $55,000 Create a bedroom and a 3/4 bathroom in a finished basement
2025-10-01 $41,518 Owens Corning Basement Finishing System. This is a 100 percent finished basement at this t
2025-09-22 $39,880 Adding a bathroom (shower, sink, toilet) to an existing finished basement.
2025-07-28 $42,000 Remodel finished basement do to water damage
2025-03-27 $11,180 UPDATING THE FINISH BASEMENT SPACE ACCORDING TO THE ATTACHED ARCHITETURE PLANS. NEW PLANS
2024-12-30 $12,000 Remodel of previously finished basement, additional outlets and lighting for first floor
2024-08-08 $70,600 finish existing basement adding a bathroom
2024-08-07 $20,000 create interior stairs between 1st fl. and finished basement (Homeowner Permit)
2024-07-30 $10,000 Renovate existing finish basement space,
2024-07-15 $18,000 Finish Basement, Wire Gym, Office, Wet Bar, Family Room and Bathroom; Upgrade Service; Rel
2024-07-11 $70,000 Finish existing basement as an extension of first floor unit: 3 beds, 2 baths, laundry and
2024-05-16 $51,000 Basement Finishing / 2-Family to Single Conversion IN ADDITION TO B24-000461
2024-04-04 $30,000 DEMOLISH AN ILLEGAL FINISHED BASEMENT Correct Violation File # 24-000291
2023-07-28 $70,000 Finish Basement, extend living into basement

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

Where this comes from

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

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