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: 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: 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: What home projects do construction managers do?

• <div><p>In addition to overseeing new home builds, construction managers work on <a href="https://www.angi.com/articles/renovate-vs-remodel.htm">large renovations and major remodels</a>. For example, they may work with designers and oversee the construction of a finished basement, kitchen renovation, or a home addition. They may also oversee large-scale remodels, such as the update of a historic home. Construction managers step into small projects for more specific assistance, such as building budgets and compiling the team.</p></div>

Q: What is the difference between a joist and a beam in a basement?

• <div><p><a href="https://www.angi.com/articles/joist-vs-beam.htm">Joists and beams</a> are both part of the flooring system above your basement, with the beams spanning the length of your home and getting support from vertical posts underneath, and joists usually spanning half the width of your home with no support posts underneath. The floor joists provide even support to the subflooring and flooring above, and they distribute that load to the beams. The beams then distribute that load down through the support posts to the foundation.</p></div>

Q: What are the hardest parts of finishing a basement?

• <div><p>Roughing in and connecting utilities are the hardest parts of finishing a basement, and they&rsquo;re the parts we typically don&rsquo;t recommend doing as a DIY project. Unfortunately, your finishing timeline can be extended by weeks while you wait for contractors and inspectors to install electrical wiring, plumbing lines, and heating/cooling equipment and carry out inspections.</p></div>

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Verified Reviews for Basement Remodel pros in Coal Run Village, KY

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

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Last update on November 26, 2025

Reviewed in May 2025
I hired Paramount Property Solutions for some kitchen remodel repairs, and they exceeded expectations. Levi was punctual, professional, and did quality work at a fair price. He explained everything clearly and even saved me money by recommending simple fixes. Honest, efficient, and local?I?ll...
Paramount Property Solutions Inc.
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Reviewed in May 2024
Jordan S and Fen Remodeled our shower today. Wonderful job, fast working, and kept everything clean. Very efficient and so polite. I love my new bathroomÃ¢Â Â¦Ã¢Â Â¦.
West Shore Home Louisville
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Reviewed in July 2021
Awesome. Our attic insulation was disturbed and mashed down during a recent remodel. It really wasn’t all that great prior to the remodel. We hired attic experts and they resealed around all lights, vents, etc… and then blew in a ton of insulation to R-60 specs. My attic now looks like a...
Attic Experts of Kentuckiana, LLC
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Reviewed in February 2017
We hired Sandusky Construction to install drywall in our basement as we were finishing it. They were punctual and did a great job. Any concerns we had as owners was quickly addressed and remedied. I highly recommend them.
Sandusky Construction
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Reviewed in May 2014
I could not possibly rate Aqua Lock any higher! They were responsive from the start, very professional, and kept in touch throughout the entire process. The employees always showed up on time, and kept everything neat and clean when they left. Once the system was installed, the owner himself...
Aqua Lock
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Reviewed in June 2013
They are easy to get into. If I go over in the early mornings, at 9:00 or 10:00, I can usually go walk right in and sit in the chair. I like that. It's not a big salon. In the mornings, they have two or three people working. In the afternoons, there would be more. It all depends what time of day...
Great Clips La Grange Kroger Center
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Reviewed in September 2012
I called for a non-urgent appointment to repair my drain plumbing to fix a drain backing up, mentioned above. I was given an appointment a day and a half away. Sounds fine to me. I live outside their regular service area (a 45-50 min drive from their shop). If it weren't for that fact, they...
Rodney Terry Plumbing
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Reviewed in October 2009
I contacted Vincent Abell Contracting when we found that we had a leak around our chimney. We also wanted our front porch pillars replaced -- they were rotting out, and thanks to some woodpeckers, we've had quite a menagerie living in them, including a family of owls. I've always preferred to...
Vincent Abell Contracting Inc
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KJ Construction LLC

KJ Construction LLC

Adkins Handyman Services

Adkins Handyman Services

Sites Construction

Sites Construction

MSA Contracting

MSA Contracting

Good N True Professional Handyman

Good N True Professional Handyman

Extra Mile Painting

Extra Mile Painting

Rose Custom BuildersLLC

Rose Custom BuildersLLC

Honey did painting n 101 repairs

Honey did painting n 101 repairs

J&H Construction Co.

J&H Construction Co.

R&M Concret

R&M Concret

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