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Top-Rated Basement remodelers in Lily - Updated Nov 2026

Avatar for Stephens Cutting Edge Construction
Stephens Cutting Edge Construction
5.0(
2
)
Basement - Remodel

Serving Lily, KY and surrounding areas

Approved

In business since 2020

Free estimates

Small jobs welcome

Welcome to Stephens Construction, proudly servicing Whitley and the surrounding areas. Our goal is to complete your project to perfection. We look forward to building long lasting relationships with the customers that we serve. Call us today! You will not be disappointed.

Response time3 days
Recommended by100%of homeowners
Avatar for Potter House Group Inc
Potter House Group Inc
4.4(
12
)
Basement - Remodel

Serving Lily, KY and surrounding areas

In business since 2003

Emergency services offered

Credit card accepted

"For the second time we are so pleased with our recent contract with Potter House Group.  Our first experience with Potter House Group was a new build construction project.  They found us a lot and built us a custom home about 9 years ago.  Since then we relocated into a 115 year old home and we hired them for our kitchen remodel.  First we did our research, and we sought bids from several contractors.  Potter House Group once again had a competitive quote, that we felt had all the "bases" and potential "surprises" covered.  We also felt that the allowances that were allotted in our estimate allowed us to select quality selections for the fixtures, granite, cabinetry & flooring.  What impressed us the most is that once again we worked directly with the owner, Lee, for the duration of the project.  From the very beginning, Lee was professional, honest, and extremely efficient with our time.  Our kitchen was completely gutted down to the bare studs, removing of walls, flooring, electric, and a back staircase.  When you are without the hub of your home-the kitchen-meeting timelines is very important.   They met all timelines and brought in the necessary resources and tradesmen to perform various scopes of work.  All the inspections that were needed went well too.  Lee addressed any questions or concerns we had during the process responsively.  Without a doubt, Potter House Group will be the contactor we use for the next job.  We are already dreaming of our next project, a master bath addition.  Can?t wait!  Potter House Group is highly recommended!!!
Thank you Lee for a beautiful kitchen!"
Additional Photos
Additional Photos
Additional Photos
Recommended by100%of homeowners
Avatar for Homemade Design
Homemade Design
3.7(
322
)
Basement - Remodel

Serving Lily, KY 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 FAQs, answered by experts

Basements with persistent moisture problems or flooding shouldn’t be finished until the moisture issues have been fixed. In addition, if your foundation is cracked, you have unmitigated radon levels, or you have asbestos or lead pipes, remediate the underlying problem before finishing your basement. Turning a basement into living space before fixing these issues can lead to serious health risks or structural damage. 

Although homeowners often use the terms basement remodeling and basement finishing interchangeably, they are quite different terms. 

Finishing a basement is the process of taking a basement space that is not habitable and adding elements to make it usable. This includes adding plumbing, flooring, and insulation.

Remodeling a basement means taking an already existing finished basement and changing it, often by adding or removing walls, adding plumbing, or changing the existing flooring.

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. 

It is common for a contractor to ask for a down payment before starting a project, especially for jobs that require purchasing materials and equipment or hiring a crew. The deposit amount can range from 10% to 50% of the total job cost. While a request for up to 50% is not unusual, a contractor should not ask for more than that, and you should never pay for a project in full before the work has begun. To protect yourself, always discuss payment terms before starting and have a written contract that outlines the project timeline and expectations. Additionally, be sure to hire reputable contractors and check their licensing and insurance before the project begins.

Basements are commonly converted into game rooms. The potential challenges you may run into include controlling moisture, working with low ceilings, limited natural light, and the need for additional electrical or HVAC work. Addressing these issues can add to the total cost, but it ensures a comfortable and functional space.

The Lily, KY homeowners’ guide to basement remodels

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