Is it more affordable to gut a house than build a new home?

• <div><p>Whether it’s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it’s usually less expensive to renovate a home than to build new construction. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

Should I hire a professional for my basement remodel?

• <div><p>Professional remodelers streamline the process, manage permits, and handle renovations efficiently—significantly mitigating risk while maintaining standards.</p></div>

Does adding a bathroom to your basement increase home value?

• <div><p>Adding a bathroom to your basement can increase your home value since homes with multiple bathrooms sell for more. The return on investment (ROI) for a basement bathroom is <b>50% to 75%</b>. The actual return varies with your home and location. Adding a half bath to your home increases the value by 2.9% while finishing a basement increases the home value by 6.6%.</p></div>

Best basement remodelers near Low Mountain, AZ

Q: Is it more affordable to gut a house than build a new home?

• <div><p>Whether it&rsquo;s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it&rsquo;s usually less expensive to renovate a home than to build new construction. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

Q: Does a finished basement count toward a home's square footage?

• <div><p>A finished basement does not always count as square footage, as this varies by state regulations. In areas that allow below-grade spaces to be included in a home's official square footage, the basement must typically meet certain conditions. These conditions often include having a functional egress and being a livable space with flooring, finished walls, and temperature control. To be certain, contact your local assessor to confirm your area's specific policies regarding basement square footage.</p></div>

Q: Is it cheaper to build up or add a basement?

• <div><p>Building up by adding square footage to the top of your home is often less expensive than adding a basement, but it depends on the specifics of your house, your property, and supply costs. Because building a basement requires excavation, it can be a more expensive option than building up.</p></div>

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Top-Rated Basement remodelers in Low Mountain - Updated Nov 2026

Serving Low Mountain, AZ and surrounding areas

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In business since 2019

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"Shepherd Contracting goes above and beyond- Thomas and his team were polite, efficient, and did outstanding work on a home remodel for a design client. My client and I were thrilled with the quality and attention to detail. An added bonus-they finished on time and within the budget!"

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4 neighbors recently requested a quote

Serving Low Mountain, AZ and surrounding areas

In business since 2006

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"Amanda was really very good! At first I was very skeptical, thinking why did I pay money to just speak with someone on the phone about my kitchen remodel project... but after just a few minutes of her addressing some of the issues/questions I emailed to her earlier, I knew it was worth it. It was very clear that she knew her business and she gave me several ideas that I had not even thought about. I told her that I would definitely recommend her to friends and I will very likely use her again myself for my next home project!

"

California Client Saves with HMD Designer Discounts

Recommended by54%of homeowners

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Hampton Enterprise LLC

3.7(

)

Basement - Remodel

Serving Low Mountain, AZ and surrounding areas

In business since 1989

Free estimates

Emergency services offered

"They were good. They were pretty fast and came on time. My overall experience with them has been good."

Recommended by60%of homeowners

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Trujillos Construction

New to Angi

Basement - Remodel

Serving Low Mountain, AZ and surrounding areas

Free estimates

Take pride of work, trustworthy and reliable!

Serving Low Mountain, AZ and surrounding areas

In business since 2018

Free estimates

good quality good prices. 10 year -15 yrs.

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RLSlowman Construction

New to Angi

Basement - Remodel

Serving Low Mountain, AZ and surrounding areas

In business since 2021

Free estimates

Emergency services offered

RLSlowman Construction is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.

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Basement Remodel FAQs, answered by experts

Whether it’s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it’s usually less expensive to renovate a home than to build new construction.

Most homeowners pay between $100,000 and $200,000 for demolition and remodeling costs, whereas the average cost to build a new home is between $139,000 and $531,300.

Professional remodelers streamline the process, manage permits, and handle renovations efficiently—significantly mitigating risk while maintaining standards.

Adding a bathroom to your basement can increase your home value since homes with multiple bathrooms sell for more. The return on investment (ROI) for a basement bathroom is 50% to 75%. The actual return varies with your home and location. Adding a half bath to your home increases the value by 2.9% while finishing a basement increases the home value by 6.6%.

A finished basement does not always count as square footage, as this varies by state regulations. In areas that allow below-grade spaces to be included in a home's official square footage, the basement must typically meet certain conditions. These conditions often include having a functional egress and being a livable space with flooring, finished walls, and temperature control. To be certain, contact your local assessor to confirm your area's specific policies regarding basement square footage.

Building up by adding square footage to the top of your home is often less expensive than adding a basement, but it depends on the specifics of your house, your property, and supply costs. Because building a basement requires excavation, it can be a more expensive option than building up.

The Low Mountain, AZ homeowners’ guide to basement remodels

From average costs to expert advice, get all the answers you need to get your job done.

See all articles

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Sep 23, 2026Sep 23, 2026
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5 Questions to Ask About Basement Remodels
These questions for professional contractors can help address your basement remodeling needs, design, and the best time to start the project.
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These 8 Red Flags Will Help You Spot a Bad Basement Remodeler
Hiring a bad basement remodeler can wreak havoc on the look and longevity of your unfinished space. Here are red flags to look for as you vet basement contractors.