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Avatar for Baker Electric and Sons
Baker Electric and Sons
4.1(
17
)
Basement - Remodel

Serving Belfast, ME and surrounding areas

Approved

In business since 2015

Emergency services offered

Credit card accepted

"Guys were professional and knew their stuff. Arrived on time,too. Solved my issue in 15 minutes. 'Was completely unprepared for the over $500 bill! My regular electrician was too busy but this was a fire hazard which demanded immediate attention. Wouldn't book with Baker's company again just because of outrageous price."
Response time2 days
Response rate91%
73 neighbors recently requested a quote
Avatar for Bangor Abatement, Inc.
Bangor Abatement, Inc.
4.5(
2
)
Basement - Remodel

Serving Belfast, ME and surrounding areas

Approved

In business since 2001

Free estimates

Emergency services offered

"They did a good job especially considering how brittle my old siding had become over the years. I’m pleased with their work and the price was right. I plan to hire them to do a couple more small jobs that I’m to old to do myself."
14 neighbors recently requested a quote
Avatar for Ironwood Construction
Ironwood Construction
5.0(
16
)
Basement - Remodel

Serving Belfast, ME and surrounding areas

In business since 2020

Offers commercial services

"We had water damage from a burst pipe in our finished basement. It took out part of our ceiling, an entire wall, and parts of other walls. Mark was able to come in and put up the drywall in a fast timeframe compared to other contractors. This included taping and mudding. Mark gave us recommendations for some other concerns we had in our basement regarding exposed electrical panels. He also added an access panel in the ceiling for us that was not part of the original plan. This new addition now allows us to access pipes that we previously were not able to."
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+26

Response time3 days
Recommended by100%of homeowners
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Basement Remodel questions, answered by experts

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 ways to save money on a basement remodel include:

  • Painting walls yourself versus including in the cost of the remodel 

  • Installing light fixtures yourself

  • Choosing prefabricated fixtures, like cabinets, over custom ones

  • Choosing a budget-friendly flooring option, like laminate or vinyl flooring, and add rugs where necessary

Although it’s not required, air ventilation in a finished basement can help improve the air quality, prevent moisture and mold issues, keep musty odors away, and also maintain the air quality throughout the rest of your home. Proper ventilation will help maintain the value of your investment in finishing your basement. Try basement ventilation methods like installing vents or a dehumidifier for best results.

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

Envision the type of bar experience you'd like to create for your guests. For example:

  • Does your basement have enough finished space for bar stools or seating?

  • What type of additional lighting would set the tone for the room?

  • Are there basement windows or an HVAC system?

  • Do you need new plumbing in your basement for a proper wet bar?

  • Could you be happy with a built-in wall cabinet bar rather than a full-scale wet bar?

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.

The Belfast, ME homeowners’ guide to basement remodels

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