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Avatar for Taylor's Home Haven LLC
Taylor's Home Haven LLC
4.5(
10
)
Basement - Remodel

Serving Mayfield, KY and surrounding areas

Approved

In business since 2018

Free estimates

Emergency services offered

"The job was completed on schedule, with some long nights put in. My wife has hardly left the porch since they screened it in. Customer service was without compare. A more energetic team would be hard to come by."
Bathroom remodel
Bathroom remodel
Bathroom remodel
19 neighbors recently requested a quote
Recommended by66%of homeowners
Avatar for The Shelby Touch LLC
The Shelby Touch LLC
5.0(
3
)
Basement - Remodel

Serving Mayfield, KY and surrounding areas

Approved

In business since 2025

Free estimates

Emergency services offered

"I called Grant. He looked over my project. Told me what he could do for me. He did some Masonary work. He repaired some old plumbing for me. He did such a great job that I called him back for a Painting job as well. He painted my cathedral ceiling and did an excellent job! He was prompt and his communication with me with spot on. I will certainly use him again., Grant is awesome!"
Bathroom Remodels
Bathroom Remodels
Bathroom Remodels
Bathroom Remodels
Bathroom Remodels

+4

10 neighbors recently requested a quote
Avatar for Kentucky Lake Remodeling
Kentucky Lake Remodeling
5.0(
5
)
Basement - Remodel

Serving Mayfield, KY and surrounding areas

In business since 2023

Free estimates

"KY Lake Remodeling were awesome to work with on multiple projects we've done. They built our Barndominium, decks and custom built in bunk beds. In all the projects Scott and Kim communicated honestly, timely and let us know of any potential impacts to the projects. Great craftsmanship and beautiful custom wood work. They were great at coming up with elegant solutions to our special requests. Highly recommend KY Lake Remodeling for any of you custom build or remodeling needs."
Response time3 days
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Basement Remodel questions, answered by experts

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.

Roughing in and connecting utilities are the hardest parts of finishing a basement, and they’re the parts we typically don’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.

Unless you have extensive experience in construction work, remodeling a basement is best left to a professional. There are several tasks associated with this project that require exact precision, including:

  • Replacing insulation 

  • Replacing carpet or other flooring 

  • Adding heating and cooling

  • Adjusting or adding walls and doors

  • Altering or adding plumbing elements

If any of these elements is done incorrectly, it could severely impact the quality of your basement remodel and be dangerous. Changing a basement often comes with code safety requirements, like egress windows and proper ventilation. Therefore, leaving it up to a professional is often the best decision.

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.

When considering finishing your basement, take into account a few pros and cons:

Pros

  • Can increase the value of your home

  • Separate space from the rest of the house 

  • Customize and personalize the basement to suit your needs and style

  • Increase the amount of living space in your home

Cons

  • May not regain enough value to cover the cost of finishing

  • Lack of natural light if it’s below ground level

  • Moisture or flooding can cause costly damage

  • Installing plumbing and electrical can be messy and costly

The Mayfield, KY homeowners’ guide to basement remodels

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