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Building or repairing a basementâs retaining wall costs is $75 to $200 per square foot. Repairing the concrete behind the bowed wall can cost more than $400 per square foot.
According to Angie's List data, the national average cost for a basement remodel is about $32,000. There are ways to save money. Our company finished a 1,000-square-foot basement for $27,000. To keep costs low, we salvaged as much as we could from the old basement and chose standard products rather than custom.