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 Springfield basement remodelers
Recent success stories from people in the Springfield area.
Jessica B.
We used them to do major renovations on our large, old Victorian and incredibly glad we did. Our project was a 203k home purchase, which requires a lot of quote approvals from our bank. Our initial renovations included: FHA upgrades, lolly column replacement, new roof, paint of trim, foundation repairs and entire second floor (down to studs). Second floor needed new electrical, bathroom remodel and insulation (to name a few). As anyone who's done these massive projects on older homes knows, we encountered some unexpected problems. Any changes we made that impacted costs were explained, in writing, shown to and approved by us and bank before they moved forward. The project included much more than listed here, and all of it was beyond our expectations. We were so impressed with how the work was done, we kept them as "our repair guru".
We were incredibly lucky to have found Bill from Advanced Mod. I don't know any other contractors who would have been as flexible and professional as they were with us as well as our bank!
Advanced Modernization, LLC
Patrick G.
I have contracted this company for two home inspections, wood destroying insect inspections, and a radon test. Problems from our first home inspection prevented us from purchasinga home which had serious electrical concerns (knob and tube wiring hidden in insulation). I would absolutely recommend them. The report is delivered electronically the same day as the inspection.
Dryer Vent Cleaning, Inc
Gilda S.
Tiles full bathroom
they do a good job an excellent job I recommend You can trust me and I give you all my confidence in your work.
mcs amazon construction
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