How do I save money on basement remodeling costs?

• <div><p>Since DIYing a basement remodel isn't typically advised, there are some ways that you can still save money on this project without putting yourself in danger. Some <a href="https://www.angi.com/articles/budget-basement-remodel.htm">ways to save money on a basement remodel</a> include:</p><ul><li><p>Painting walls yourself versus including in the cost of the remodel </p></li><li><p>Installing light fixtures yourself</p></li><li><p>Choosing prefabricated fixtures, like cabinets, over custom ones</p></li><li><p>Choosing a budget-friendly flooring option, like laminate or vinyl flooring, and add rugs where necessary</p></li></ul><p></p></div>

Is it worth it to finish a basement?

• <div><p>Yes, finishing a basement is worth the money in most cases. Although the project is a relatively expensive one, finishing a <a href="https://www.angi.com/articles/are-basements-included-in-square-footage.htm">basement adds usable square footage</a> to your home and typically increases your home value. Many times, your finished basement will add value that’s equal to or greater than the cost of finishing.</p></div>

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: What is the hardest room to renovate?

• <div><p>While bathrooms and kitchens are nearly equal in terms of renovation difficulty, kitchens are the most challenging. Kitchen design, layout, electrical, and plumbing needs all depend on each other for the success of the entire project, and mistakes early in the project can cause trouble later on. </p></div>

Q: What are the disadvantages of a walkout basement?

• <div><p>Walkout basements cost more than other kinds of basements, and can also increase your risk of leaks as well as a loss of insulation, leading to higher heating and cooling costs. Improperly installed walkout basements may lead to structural issues with your foundation, so ensure you&rsquo;re working with a contractor who has extensive experience with this kind of basement. </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>

There are 3 highly-rated local basement remodelers.

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Verified Reviews for Basement Remodel pros in Austin, IN

*The Angi rating for Basement Remodel companies in Austin, IN 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 Austin, IN 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 October 04, 2025

Reviewed in December 2020
This work was done several years ago, 9 - 10, and the basement is still in great shape. I've been working done here during the 2020 Pandemic and I LOVE IT. Paramount crafted custom drywall shapes around a couple odd ducts, and put in little doors to the crawl space and water main. The half bath...
Paramount Remodeling Company Inc
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Reviewed in February 2015
Some of the finishing wasn't perfect, but they stuck to budget and were less expensive than competitors and did it on time. I found some of the finishing touches to lacking.
Chicks Who Fix
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Reviewed in December 2014
Everything went really well. They were very personable, they listened to our feedback and were willing to work with us, and they did a great job in all respects.
KLINE BUILDERS INC
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Reviewed in October 2016
Along the east and north walls of our basement we were were getting water and dampness after heavy rains. The contract was for LAN to break up the concrete floors along the walls using a jack hammer. Once they had it broken up they carried by hand all the debris out of the basement. They had...
LAN Concrete Technology LLC
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Reviewed in March 2013
They started and completed the project on time. We were definitely satisfied with the quality of the work.
Casebolt Construction
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Reviewed in June 2015
We contacted several contractors to do the work on our basement and we are glad we finally decided to go with Jon and his staff. We first met with Ken who gave us a very detailed estimate which involved totally tearing out what had been completed by the previous homeowner and reconfiguring the...
The Guy Corporation
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Reviewed in January 2012
We liked them. They were very nice and worked with us. They got the paneling we wanted. They explained the process. They were not a pain in the butt. If we had a problem they accommodated us. They were willing to work with us and the mortgage company. The mortgage company was slow to send the...
A & D Hydra Clean Inc
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Reviewed in February 2012
He did a careful job, and the price was very reasonable. He made good suggestions. It took longer than we had planned on, and since he was paid by the hour, it was more costly, but we are quite pleased with the results so far.
HOME IMPROVEMENTS BY WARD
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Find Basement remodelers in Austin

Magnus Builders

1914 Palatka Road

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•Approved Pro

Magnus Builders

1914 Palatka Road

New on AngiNew on Angi

•Approved Pro

Free onsite estimate

Warranties offered

Magnus Builders, LLC is a full-service residential remodeling company based in Louisville, Kentucky. Specializing in a wide range of home improvement services, including kitchen and bathroom remodeling, home additions, roofing, siding replacement and repair, gutter installation and repair, and interior/exterior painting. With a focus on quality craftsmanship and customer satisfaction, Magnus Builders, LLC helps homeowners transform their living spaces, from minor updates to major renovations.

Get matched with top basement remodelers in Austin, IN

There are 3 highly-rated local basement remodelers.

Need a pro for your basement remodel project in Austin, IN?

Basement Remodeling

Handyman for Multiple Small Project Service

Bathroom Remodeling

Verified Reviews for Basement Remodel pros in Austin, IN

Find Basement remodelers in Austin

Magnus Builders

Magnus Builders

Strong Man Construction

Strong Man Construction

RFS, llc

RFS, llc

Jones Group Services

Jones Group Services

the Trusty Tradesman

the Trusty Tradesman

Hoosier home improvement and repair

Hoosier home improvement and repair

GET DRI. LLC

GET DRI. LLC

Becker's Renovation

Becker's Renovation

Stephens Construction

Stephens Construction

Authentic Builders

Authentic Builders

The Austin, IN homeowners’ guide to basement remodels

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

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

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

What You Need to Know Before Refinishing a Basement

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