Quick Answer

Basement Finishing Cost in Edmonton (2026)

Average cost in Edmonton

$45,000avg

$20,000 — $90,000

$30 — $80 per sq ft

+4.5% YoY
6 sources
Updated 3 days ago
Alberta

Cost Breakdown

Itemized
Labor

Framing, drywall installation, and finishing

$9,000 — $40,000

45%

Materials

Lumber, drywall, flooring, and paint

$7,000 — $30,000

35%

Plumbing & Electrical

Wiring, lighting, and bathroom rough-ins

$3,000 — $15,000

15%

Permits & Inspections

City of Edmonton building permits

$800 — $2,000

5%

🧾GST (5%) — Alberta
Base cost + $2,250 tax$47,250

GST at 5%

📋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

$32,295

$25,836 — $38,754

Based on 6 sources and market data for Edmonton. Actual costs may vary depending on specific project requirements.

🏢Top Basement Finish Contractors in Edmonton

Verified providers
🔨

Above Grade Construction Services

16647 113 Ave NW, Edmonton, AB T5M 2X2, Canada

5.0
★★★★★

86 reviews

🔨

Do It All Contracting Ltd

16 Holly Pl, St. Albert, AB T8N 6W7, Canada

5.0
★★★★★

67 reviews

🔨

Priority Builders Renovations

10623 170 St NW, Edmonton, AB T5P 4W2, Canada

5.0
★★★★★

41 reviews

🔨

Knights Ridge Builders and Renovations

14943 72a St NW, Edmonton, AB T5C 0S3, Canada

4.9
★★★★½

113 reviews

🔨

Mode Built Basements

18304 105 Ave NW #207, Edmonton, AB T5S 2L5, Canada

4.9
★★★★½

74 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

Yes, the City of Edmonton requires permits for structural changes, electrical or plumbing modifications, and legal secondary suites. You should budget between $800 and $1,500 for permit fees.

Adding a bathroom to your basement renovation typically increases the total cost by $8,000 to $15,000, depending on existing plumbing rough-ins and the quality of the fixtures.

Yes, a standard finished basement can add $30,000 to $50,000 to your home's resale value. Developing a legal secondary suite can add $60,000 to $90,000, offering an average ROI of 70% to 85%.

Most basement finishing projects in Edmonton take between 4 to 10 weeks to complete. Timelines vary based on the scope of work, such as adding a kitchen or bathroom, and contractor availability.

📊Our Methodology

How we collect data
1

Aggregated from 6+ 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: 3 days ago. Updates run weekly. All costs in CAD.