Answers to commonly asked questions from the experts on HomeGuide.
How much does it cost to remodel a basement?
An average basement remodel costs $25 to $65 per square foot or $12,500 to $37,500 total with labor, depending on the size and scope of the project. Common basement remodeling jobs include:
Adding or upgrading a bathroom
Turning an unused space into a bedroom
Adding a home theater room
Adding a basement kitchen
How much value does a basement remodel add?
Remodeling a basement has a 65% to 70% return on investment (ROI). The exact value a basement remodel has will depend on the changes made and the square footage.
When selling a home, the Multiple Listing Service (MLS) separates the above ground square footage from below grade square footage. Above ground spaces are worth about twice as much as lower-level rooms.
How long does a basement remodel take?
A basement remodel takes 3 to 8 weeks on average, depending on the size and changes made. The following factors may increase the project timeline:
Materials on backorder
Demolition
Structural changes
Mold or water damage mitigation
What’s the difference between remodeling, renovating & finishing a basement?
Some use the terms remodeling, renovation, and finishing interchangeably, but they're technically different from each other:
Remodeling means to change a room's appearance or function. Common remodeling jobs include adding rooms or walls.
Renovating means to restore a space to its original condition, not changing structures or adding rooms.
Finishing a basement means converting it from bare concrete to a livable space with walls, windows, and floors.
Do you need a permit to remodel a basement?
Yes, you need a permit to remodel a basement. Building permits cost$500 to $2,000 when structural changes are involved. Permits make sure your changes are done properly and up to code. Remodeling without a permit is risky and can negatively impact your home's resale value.
How do I hire a basement remodeling contractor?
First, search our list of basement contractors, then:
Compare multiple estimates from companies with 5+ years of experience.
Browse reviews on HomeGuide and Google.
Confirm that they're licensed, insured, and bonded.
Beware of the lowest quotes, which can result in low-quality work.
Ask for a written estimate and contract before work starts.
Only make the final payment after the project is completed.
What questions should I ask basement remodeling contractors?
Ask these questions to help find the best basement contractor:
How much experience do you have with remodeling basements?
Can I see pictures of past remodeling projects?
How long will this job take?
Do you offer a warranty for your work?
Does your estimate include materials, labor, and cleanup?
Will you hire any subcontractors?
What unexpected costs can come up for this kind of project?
Will you handle any necessary building permits?
Reviews for Louisville basement remodelers
Recent success stories from people in the Louisville area.
Scarlette S.
We Met Robert through the recommendation of friends whom had recently had a bilevel deck constructed on their home.
Instantly we’d recognized that he had a much stronger handle on the design process than anyone else we had consulted.
In addition to paying meticulous attention to the detail, Robert also has a creative edge, thus the reason he continues to be highly sought after.
He is the definition of reliability and fast on budget execution!
Will utilize him again!
Elite Renovations
Tonya B.
They redone my bathroom it was exactly the way I wanted it, no leaks no smudges great pricing. Then they redo my porch and decided to let them decide what would look best and I have to say I couldnt been more pleased with the results. So if your looking for a new look in your home A Maysing Bros. Construction are the ok ones to call.
A Mayesing Bro’s Construction L.L.p
Amanda J.
Anything this girl touches ends up looking beautiful. From drywall to decorating it doesn’t matter. This girl here definitely knows what she is doing I would recommend her to anyone I know
Ms.Fix It
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