What Lowell owners actually declared on 15 recent basement finishing building permits in our dataset — public-record values, not quotes.
Owner-declared values from public building-permit records, residential-scale projects only (commercial and out-of-scale outliers excluded) — a benchmark, not a substitute for a contractor quote.
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Across 15 recent Lowell building permits that declared a value, the median basement finishing project value is $22,000, with a typical range of $6,000 to $36,000. These are owner-declared values from public permit records, not quotes.
Every figure is the declared project value on a real building permit filed with the Lowell building department — public records MassPermits aggregates, not estimates.