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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%
9 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%
4 neighbors recently requested a quote
Avatar for NGF Construction
NGF Construction
4.3(
6
)
Basement - Remodel

Serving Carmel, ME and surrounding areas

Approved

In business since 2024

Free estimates

Emergency services offered

"Prompt, reasonable and professional. Good crew. Came up with great ideas on other projects I have in mind. Love my new ceiling, they fixed all the rot in my subfloors and prepped for new flooring. Would recommend for all your weekend projects. Did I mention they work efficiently? what they got done in a weekend probably would have taken a 4 man crew a week. Nick, Gerry and Frank are the crew for you."
Deck rebuild
Deck rebuild
Deck rebuild
Rustic wooden ship lap
Rustic wooden ship lap

+19

9 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

"We did a full down-to-the-studs renovation of a three bedroom ranch. It was a challenging property and Ryan was great to work with troubleshooting unique situations and presenting alternatives. Weâ ve gone back to Fairmount Woodworking on about ten projects since then."
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

Egress windows or doors are required in finished basements to meet safety and building codes. If your basement is unfinished and used as a storage space, egress windows are not required, but anything considered a habitable space must have an additional point of egress in addition to the stairs.

Adding an extension or addition to your home costs more than a loft conversion in all but the rarest cases where the home's structural integrity is lacking. Because a home addition requires a new foundation section or significant structural upgrades to handle a cantilevered portion, the cost compared to almost any loft conversion is significantly greater for the same square footage.

Walkout basements are not generally included in a home’s square footage, although they may be if they meet certain conditions that depend on local regulations. A finished walkout basement used as a living space may be counted toward square footage in some locations as long as all codes for livable space are met.

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.

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.

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.