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Avatar for Heath Enterprises
Heath Enterprises
4.1(
40
)
Basement - Remodel

Serving Carmel, ME and surrounding areas

Approved

In business since 1997

Free estimates

Emergency services offered

"Dave showed up when he said, completed all of the work as promised and even better than promised. The crew was professional, and always thorough. I hired him again after the first job for another roof repair, and my son will be hiring him after seeing the work he did. This is the company to go to."
Hard wood flooring begins
Hardwood flooring instaled
Hardwood flooring
Sub floor repairs
Subflooring repaired

+17

Response time2 days
Response rate86%
10 neighbors recently requested a quote
Avatar for Minks General Contracting
Minks General Contracting
5.0(
10
)
Basement - Remodel

Serving Carmel, ME and surrounding areas

Approved

In business since 2005

Free estimates

Small jobs welcome

"Carl did a fantastic job! The project was completed above and beyond my expectations. He offiered great suggestions - most of which are my favorite aspects of the kitchen remodel. Carl and his crew are very dependable and his work is excellent."
My Projects
My Projects
My Projects
My Projects
My Projects

+17

Response time3 hrs
Response rate94%
2 neighbors recently requested a quote
Fairmount Woodworking & Remodeling LLC
5.0(
6
)
Basement - Remodel

Serving Carmel, ME and surrounding areas

In business since 2006

Free estimates

Small jobs welcome

"I saw Ryan working in the neighborhood and admired his work. When I called him for a project on an apartment building, he had some suggestions, provided an estimate and completed the job in a timely fashion ( on budget). Ryan was professional and cleaned up the worksite at the end of each day. He is an excellent communicator, and I highly recommend him"
Right Side Cabinetry
Right Side Cabinetry
Left Side Cabinetry
Left Side Cabinetry
Custom Built Cabinetry

+19

Response time2 days
Response rate100%
Recommended by100%of homeowners
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Basement Remodel questions, answered by experts

Yes, in most cases, finishing a basement is worth the cost. The project adds valuable, usable square footage to your home and typically provides a return on investment (ROI) of 70% to 75%. For example, an average basement refinishing project costing $32,000 could add between $22,400 and $24,000 to your property's value. The final value added depends on factors like your location, the quality of materials and workmanship, and the features you include, such as a living space, bedroom, or bathroom. To be officially counted in your home's total square footage, the finished space must comply with all local building codes, including requirements for points of egress. However, in areas prone to flooding, a finished basement might be seen as a liability by potential buyers and could potentially decrease your home's value.

Rebar is an essential part of reinforcing a basement floor, as not having it can impact its structural integrity. It helps absorb the tension factors that contribute to cracks in your floor and strengthens its load-bearing capabilities by evenly distributing the weight. Not including rebar could lead to an unstable floor, so don’t skip it!

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.

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

Yes, adding a walkout basement will usually bump up your property value. Most homeowners prefer walk out basements because the exposed wall that’s level with the ground provides more utility via a ground-level exterior entrance, and they can fit full windows, which adds natural light and ventilation to the basement area. The only exception might be in areas prone to tornadoes, as walkout basements aren’t as safe as regular basements during a tornado, particularly if they include large windows or glass sliding doors.

The Carmel, ME homeowners’ guide to basement remodels

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