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Renovations that add functionality or more comfortable floor space generally add the most value when remodeling your home. Attic or basement finishing can add floor space without altering the home's structure, saving you renovation money while adding valuable space. Smaller improvements, such as installing smart-home components or replacing entry doors and windows, also experience high ROIs.
Professional remodelers streamline the process, manage permits, and handle renovations efficiently—significantly mitigating risk while maintaining standards.
For most basement remodels, you’ll want to hire a general contractor. This is for a number of reasons, but the main two are that general contractors have dedicated teams they are comfortable with, and hiring one means you only have to deal with one pro. You may also get a better project quote since they can lump all their work and subcontracting into a single quote.
The average cost of remodeling a basement is $30 to $75 per square foot. If your space is unfinished and looks like it may need more help, use the higher number when calculating your estimated basement remodeling costs. A good rule of thumb is to add an additional 20% to the top of your estimate to cover any “what if” situations.
Yes, it is possible to turn a regular basement into a walkout basement. Doing so involves excavating the land around at least one side of your basement foundation, installing retaining walls to create a permanent below-grade area outside your home, and then cutting into the foundation to install an exterior door that leads out to the new space. This is an expensive and time-consuming project, but it can add a lot of value and utility to your home.
The Houck, AZ homeowners’ guide to basement remodels
From average costs to expert advice, get all the answers you need to get your job done.
If your basement ceiling is low, there are ways to raise it. Learn more about the cost to raise a basement ceiling to be able to enjoy your basement and create a more usable space in your home.
