Cheap options for finishing a basement include leaving the ceiling exposed and decorating with fabrics or lights, painting directly onto the concrete walls, installing light wall coverings from recycled materials and erecting a small enclosed space within the room. Other options include stenciling or painting the floor rather than covering it or only using carpet squares in select spots.
Many inexpensive options for finishing a basement revolve around the use of reclaimed materials instead of purchasing entirely new items. This may include cutting used wood beans into thin slices to create a wood grain wall paneling or hanging pallets directly on the wall for a more elaborate appearance. Some home owners also use fabric to create hanging wall drapery or wrap the fabric on cardboard to make paneling.
Leaving the ceiling beams exposed is another way to save costs on finishing a basement, as it removes the need to purchase and install a full flat ceiling. Designs options with this method include staining the wood, hanging lights through the beams and draping fabric across it to create a faux ceiling effect. This method also helps to make small basements seem bigger, due to the exposed areas.
In terms of cheap flooring options, some home owners choose to polish the existing concrete floor and leave it as is. Others paint onto the floor, creating the appearance of tiling or using elegant stencil.