We put in a subfloor (which is framing basically). It allows us to have the vapor barrier and styrofoam insulation underneath. On top we put plywood. Next is the finished flooring (in our case a pad and carpeting). It makes a HUGE difference. You would never know you are in the basement. It's never cold. We did this ourselves because most flooring places say it's not necessary, but really, if you want a great basement it is. Our son lives down there and our guests love it when they come (they want to stay down there even when offered lovely bedrooms upstairs).
Yes, it costs more, but it made our basement feel like the upstairs (along with insulating all the walls, putting in expensive windows and french doors). We don't even need to turn on the heat down there in the winter.
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