What constitutes a finished basement?
A finished basement is an area in the basement or lower level of a home that includes a finished floor, walls, and ceiling. Finishing materials typically consist of drywall or paneling on wood or steel studs for walls, drywall or ceiling tiles for ceiling, and broadloom or floor tiles on the floor.
A. From what I have always understood, to count the square footage of a finished basement you have to have one of these 2 options A walk-out basement with a door to the outside or An egress window which is a window large enough to allow a person to escape in case of fire or emergency Hope that helps.
