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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%
70 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

Finishing a basement can provide a great return on investment, by increasing the market price of your home when you want to sell. Beyond that, there are many reasons to finish your basement. Doing so expands the usable square footage of your home, so you can enjoy it more, even as your family grows. Renovating your basement costs less in terms of time, energy, and money than having to search for and buy a new home.

A walkout basement is considered to be partially below grade because at least one wall is entirely exposed. In some cases and in specific municipalities, inspectors and appraisers will still count walkout basements as below grade, which means the space can’t serve as living space or be rented out. If you intend on using the area as living space or a separate apartment, you should check with your local building department to make sure it’s legal to do so.

Walkout basements cost more than other kinds of basements, and can also increase your risk of leaks as well as a loss of insulation, leading to higher heating and cooling costs. Improperly installed walkout basements may lead to structural issues with your foundation, so ensure you’re working with a contractor who has extensive experience with this kind of basement.

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

If you don’t have a crawl space but have a partial basement you want to make deeper, you can expect to spend a little less—between $40,000 and $90,000 on average. However, if you’re not adding new finished square footage, you won’t see much in the way of ROI.

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.