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*The Angi rating for Basement Remodel companies in Litchfield, 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 Litchfield, 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 April 14, 2026

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Avatar for OV Development & Construction Group LLC
OV Development & Construction Group LLC
New to Angi
Basement - Remodel

Serving Litchfield, IL and surrounding areas

Approved

Free estimates

Emergency services offered

Warranties offered

Welcome to OV Development & Construction Group!\nWe are a full-service construction and remodeling company committed to delivering reliable, professional, and high-quality work. From small repairs and maintenance to complete home renovations, our experienced team is ready to handle your project from start to finish.\nOur services include painting, fencing, roofing, siding, flooring, drywall, plumbing, electrical, HVAC, landscaping, kitchen and bathroom remodeling, and general home improvement.\nWe believe in clear communication, fair pricing, dependable service, and doing the job right.\n📞 Contact OV Development & Construction Group today for a FREE estimate.

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Kilter Contracting Llc
New to Angi
Basement - Remodel

Serving Litchfield, IL and surrounding areas

Approved

At Kilter Contracting LLC, we believe that successful projects are built on a foundation of precision and clear communication. As a small, specialized team, we offer a level of attentiveness that larger firms often overlook. From the initial frame to the final finish, we work closely with you to ensure your vision is realized on time and within budget. We don’t just build structures; we build lasting professional relationships through integrity and high-quality craftsmanship.

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Avatar for American Custom Homes
American Custom Homes
5.0(
3
)
Basement - Remodel

Serving Litchfield, IL and surrounding areas

In business since 2000

Emergency services offered

Credit card accepted

"Absolutely perfect, imagine remodeling your kitchen and knowing what you want and actually getting what you want right in front of your eyes.
"
Stone Travertine
12x6 Travertine hand cut
Complete Steamer
Recommended by100%of homeowners
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Basement Remodel questions, answered by experts

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. 

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. 

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.

Yes, most general contractors require an initial down payment. A reasonable deposit is typically between 10% and 25% of the total project cost, although this can vary by project size and location. This upfront payment helps the contractor cover initial costs like materials, permits, licensing, and hiring subcontractors. The remaining balance is usually billed according to a schedule outlined in your contract, often tied to project milestones or completion dates. Be cautious of contractors who ask for a large deposit of 50% or more, as this could be a red flag for a scam.

It is generally more affordable to finish a basement than an attic, though it ultimately depends on how you plan to use the space. The average cost to finish a basement ranges from $7 to $23 per square foot, while attic renovation costs $30 to $60 per square foot. However, a simple attic conversion to a storage space will cost significantly less.

The Litchfield, IL homeowners’ guide to basement remodels

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

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