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Avatar for Anchor Contracting
Anchor Contracting
5.0(
6
)
Basement - Remodel

Serving Iola, KS and surrounding areas

In business since 1996

Free estimates

Credit card accepted

"Anchor Contracting came out immediately and gave me a very fair bid to redo a deck and siding that had been damaged by a fire and was unsafe. The work they did was excellent, the price was right and was done exactly on time. The owner, Sean Ichrist, was courteous and professional. After the work was completed, all areas were cleaned of debris. His bid and final bill were exactly the same. As a property manager of a large condo complex, it is wonderful to deal with the honesty and professionalism that Anchor Contracting and Sean bring to the job. I look forward to working with Anchor again."
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+8

Recommended by100%of homeowners
Avatar for Homemade Design
Homemade Design
3.7(
322
)
Basement - Remodel

Serving Iola, KS and surrounding areas

In business since 2006

Credit card accepted

"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!

"
Pennsylvania Master Bathroom
Boston Small Condo Kitchen
California Client Saves with HMD Designer Discounts
Recommended by54%of homeowners
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Basement Remodel questions, answered by experts

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.

Renovation enhances functionality, increases home value, and can add new space for personal or family needs. It typically modernizes older unfinished basements for new uses.

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.

Living in a finished basement is acceptable, but only if the space has the proper points of egress and includes smoke and carbon monoxide (CO) detectors to ensure the safety of the occupants. A good way to ensure your finished basement is suitable for use as living space is to get the basement finishing project properly permitted.

To determine if your basement walls are suitable for finishing, assess their structural integrity and moisture conditions. Look for any signs of damage, such as cracks, bowing, or excessive moisture. Ensure proper drainage and address any underlying issues before proceeding. 

Consult with a professional if you're uncertain about the structural stability or potential risks associated with finishing your basement walls.

The Iola, KS homeowners’ guide to basement remodels

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