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>

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Q: How much more expensive is finishing a basement than framing it?

• <div><p>The cost of finishing a basement is about <b>$18,400 on average</b>. As you can see, the framing portion of this project costs less, because you&rsquo;re essentially just dealing with laying the foundation for a finished basement. The finishing portion of the project involves a lot more intricate work and design, as well as high-end materials. </p></div>

Q: What is the best basement ventilation system?

• <div><p>The best type of basement ventilation system depends on your budget, the moisture in your basement&rsquo;s air, and the types of windows you have down there. You should consider all of these factors when choosing a ventilation system. However, the most effective method for basement ventilation is an energy recovery ventilator (ERV) or a whole-house ventilation system, which preheats or precools incoming air from the outside while also managing water vapor.</p></div>

Q: Do general contractors require a down payment for projects?

• <div><p>Yes, most general contractors require a down payment for project completion. <a href="https://www.angi.com/articles/what-reasonable-down-payment-contractor.htm">A reasonable down payment for a contractor</a> is <b>10% to 25% </b>of the total project cost, though that will vary based on project size and location. The down payment helps cover the upfront costs of materials and permits and helps ensure payment for the project at hand. </p></div>

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: What costs are associated with basement remodeling?

• <div><p>Costs are guided by renovation scope, materials chosen, project duration, structural needs, and labor. Prioritizing tasks prevents unforeseen expenses.</p></div>

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Verified Reviews for Basement Remodel pros in Granville, IL

*The Angi rating for Basement Remodel companies in Granville, IL is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

*The HomeAdvisor rating for Basement Remodel companies in Granville, IL is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

Last update on November 30, 2025

Reviewed in October 2024
It works well and solved problem fixed. Two guys were friendly. They explained everything detailed and showed video in the crawl basement. It helpful detailed.
LSVG Electrics Inc
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Reviewed in June 2023
Cedric, thank you again for all your help today. Getting the parts right away and fixing the issue same day on my AC. And for going above and beyond expressing concern regarding the smell of gas in my basement and walking me through to call Nicor. After the inspection, you were helpful in...
Cpr Heating & Cooling Inc
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Reviewed in October 2022
We absolutely loved working with Antonio and his team! Our bathroom remodel is exactly what we wanted. The outcome is amazing and we couldnâ t be happier! The tiling work is great!!
Pizzo Tile
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Reviewed in April 2022
Thank you so much to Alfredo for the amazing work he did at my home. I would highly recommend him. He remodeled 2 of my bathrooms exactly how I wanted them. I am impressed and will hire him again when I need my next project done. I recommend him 100%!!!! You will not be disappointed.
Cerda Remodeling & Construction
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Reviewed in February 2017
Worst contractor ever and Im talking about Chris. I hired this guy to do 4x4" drywall on my ceiling. First of all he doesn't cover anything with tarp or some protective sheet. My electronics are all covered with dust and he tried to clean my speaker with wet rag and now its stained. My young...
Caldwell Remodeling and Repair, Inc.
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Reviewed in March 2015
Emiliano installed pad & carpet in a basement office to cover the concrete floor. He came out once for an estimate and to determine the type of carpet to install and then again to perform the installation. He was punctual and called ahead to let me know when to expect him. Installation went...
Flores Floors
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Reviewed in April 2014
Ed our sales rep showed up on time and inspected both attic and basement. Discovered that basement mold was worse than initial home inspection showed. Proceeded with Mold Solutions and on the agreed date and time Tim and his crew arrived on time to start the first step of the process. All...
Mold Solutions
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Reviewed in February 2013
We had a lot of things for them to fix for our home that we built. They built the room sizes too small by 2 feet and our house ended up being 600 square feet less than it should have been. Our concrete cracked in the basement, walls and other places. The ceilings are now pulling away from the...
DUKE CONSTRUCTION & CONCRETE
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Reviewed in November 2011
The most previous experience I had was extremely great. I am in the process of remodeling my basement, but I can only do so much at a time. I just recently had him come in and do a little bit of drywall, as well as paint the walls and do crown molding. The walls look beautiful, and it was done...
Giesel Contractors
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Different level llc

Different level llc

Omars development llc

Omars development llc

First Premier Construction

First Premier Construction

Hiatt Repair and Maintenance

Hiatt Repair and Maintenance

Land's Painting

Land's Painting

Bryans concrete

Bryans concrete

RM3's Services

RM3's Services

Swift and Sons Construction

Swift and Sons Construction

Starshine cleaning

Starshine cleaning

P&K Quality Construction

P&K Quality Construction

The Granville, IL homeowners’ guide to basement remodels

How Much Does a Basement Remodel Cost? [2025 Data]

How Much Does It Cost to Finish a Basement? [2025 Data]

How Much Does It Cost to Frame a Basement? [2025 Data]

How to Add a Bathroom to a Basement: Step-by-Step Guide from Start to Finish

6 Basement Ceiling Options: Everything You Need to Know

Who Do You Hire to Finish a Basement?

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Which Basement remodel task are you tackling?Find Granville Basement remodels on Angi who specialize in any of these tasks