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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 an absolutely incredible job installing crown molding in our home. From the very beginning, I trusted him to conceptually design something that would complement our vaulted ceilings and overall aesthetic. He completely knocked it out of the park and exceeded expectations. His craftsmanship is meticulous, and the finished result truly transformed the space. What stood out just as much as his skill was his professionalism. He was always available to talk through ideas, answer questions, and make sure we felt confident in every decision. He also completed the job faster than originally estimated. We couldn’t be happier and are already looking forward to having him back for our next home renovation project. Highly recommend!"
My Projects
My Projects
My Projects
My Projects
My Projects

+17

Response time3 hrs
Response rate94%
3 neighbors recently requested a quote
Avatar for Baker Electric and Sons
Baker Electric and Sons
4.1(
17
)
Basement - Remodel

Serving Carmel, 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%
74 neighbors recently requested a quote
Avatar for Bangor Abatement, Inc.
Bangor Abatement, Inc.
4.5(
2
)
Basement - Remodel

Serving Carmel, 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
Fairmount Woodworking & Remodeling LLC
5.0(
6
)
Basement - Remodel

Serving Carmel, ME and surrounding areas

In business since 2006

Free estimates

Small jobs welcome

"You owe it to yourself to bring Ryan in to take a look at your project. Pulling from a wealth of experience, and practical problem-solving skills - Ryan will deliver a project that exceeds your expectations. Better yet, you can be supremely confident that the work is done to the absolute highest standard. My wife and I brought Ryan in for build in bookshelves around a fireplace. Of course, the project expanded into a few areas of the home to include a small side porch, new exterior door, and additional shelving. Most importantly, Ryan did not hesitate to provide input to our vision for the shelves. The result was a much better product than we could have hoped for. Ryan is more than someone you bring into your home to do a job; he becomes your partner and is as excited as you are to bring beautiful projects to life."
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

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.

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 average cost of remodeling a basement is $30 to $75 per square foot. If your space is unfinished and looks like it may need more help, use the higher number when calculating your estimated basement remodeling costs. A good rule of thumb is to add an additional 20% to the top of your estimate to cover any “what if” situations.

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.

For most basement remodels, you’ll want to hire a general contractor. This is for a number of reasons, but the main two are that general contractors have dedicated teams they are comfortable with, and hiring one means you only have to deal with one pro. You may also get a better project quote since they can lump all their work and subcontracting into a single quote. 

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.