For a finished basement to have natural light, there is an option that involves quite a bit of work, but if you really want good lighting in a room that is below ground level, this is to be expected. The method for this is called window wells, and it involves digging out a well next to the foundation and then installing a window. Naturally, this is no simple matter, since it will involve heavy machinery and specialized skills, so unless it is very important to you, it might not be worth the cost and effort.
Since cutting into your foundation could cause your home to be structurally unsound, you need the expertise that a trained professional can provide. You should also consider whether or not these windows will be used as an emergency exit if necessary. It could make your basement much safer, especially if you plan on having bedrooms down there.
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