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Avatar for Tocchini Builders Inc.
Tocchini Builders Inc.
3.8(
134
)
Basement - Remodel

Serving Lower Lake, CA and surrounding areas

Approved

In business since 2016

Free estimates

Credit card accepted

"Leo did a great job redoing our laundry area. They did a great job and went above and beyond to meet the requirements of the job. I'd recommend Leo to anyone looking to get some home projects done."
60 neighbors recently requested a quote
Recommended by89%of homeowners
Avatar for Clear Horizon Home Solutions, Inc.
Clear Horizon Home Solutions, Inc.
4.3(
214
)
Basement - Remodel

Serving Lower Lake, CA and surrounding areas

In business since 2011

Free estimates

Credit card accepted

"We love working with Benjamin and his crew . His professionalism is unmatched. He gave us a great price for the bathrooms remodel. The outcome was amazing and better than expected! I would highly recommend Expert Home Builders to my friends."
1
2
3
Kitchen Remodels
2

+2

Recommended by82%of homeowners
Avatar for Mega Power Electric, Inc
Mega Power Electric, Inc
5.0(
191
)
Basement - Remodel

Serving Lower Lake, CA and surrounding areas

In business since 2000

Free estimates

Emergency services offered

"We recently had Mega Power Electric Inc install a solar system and panels. The President and provided excellent communication all the way through the process. He even met with us after installation to explain the almost incomprehensible PG&E bill. Although not the least expensive bid, his was competitive and I felt he was as interested in educating me about solar and the various types of panels and inverter systems as he was in selling a system. He demonstrated how the array of panels would meet our energy needs and as opposed to some of the other companies, wasn't selling us more than we needed. We are very satisfied with our solar system and I highly recommended Mega Power Electric Inc."
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+32

Recommended by100%of homeowners
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Basement Remodel questions, answered by experts

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%.

Although homeowners often use the terms basement remodeling and basement finishing interchangeably, they are quite different terms. 

Finishing a basement is the process of taking a basement space that is not habitable and adding elements to make it usable. This includes adding plumbing, flooring, and insulation.

Remodeling a basement means taking an already existing finished basement and changing it, often by adding or removing walls, adding plumbing, or changing the existing flooring.

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.

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.

It is common for a contractor to ask for a down payment before starting a project, especially for jobs that require purchasing materials and equipment or hiring a crew. The deposit amount can range from 10% to 50% of the total job cost. While a request for up to 50% is not unusual, a contractor should not ask for more than that, and you should never pay for a project in full before the work has begun. To protect yourself, always discuss payment terms before starting and have a written contract that outlines the project timeline and expectations. Additionally, be sure to hire reputable contractors and check their licensing and insurance before the project begins.

The Lower Lake, CA homeowners’ guide to basement remodels

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