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

Serving Hope, ME and surrounding areas

Approved

In business since 2015

Emergency services offered

Credit card accepted

"The best electrical Company I have ever had work for me. They scheduled my appointment and kept me informed very well when they could do the job. Mike was very conscious about our house and his work area. He work very fast and fixed everyone of my problems, if you call and there is a little wait time before they can do it wait because Baker electric is worth the wait."
Response time2 days
Response rate91%
77 neighbors recently requested a quote
Avatar for G.A. Doughty Construction
G.A. Doughty Construction
3.4(
17
)
Basement - Remodel

Serving Hope, ME and surrounding areas

Approved

In business since 2003

Free estimates

Credit card accepted

"I can't overstate the quality of the work these folks did. We had our unfinished attic converted to living space, and the space had a lot of funky angles and old framing. G.A. Doughty's team did an incredible job making it work, including a half-bath! We're very pleased with the result. Everyone at G.A., the project manager, office staff, and all the subcontractors were very polite and fun to work with. Everyone who came to the house was very friendly. The only issue we had was that for a few months during the middle of the project, things seemed to stall out for about 6-8 weeks. I think they were having some availability issues with subcontractors and were overloaded from other projects."
Custom Kitchen
Response time1 day
36 neighbors recently requested a quote
Recommended by57%of homeowners
Avatar for Ironwood Construction
Ironwood Construction
5.0(
16
)
Basement - Remodel

Serving Hope, 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."
My jobs
My jobs
My jobs
My jobs
My jobs

+26

Response time3 days
Recommended by100%of homeowners
Avatar for Euphoric Hardscapes and Designs
Euphoric Hardscapes and Designs
4.1(
11
)
Basement - Remodel

Serving Hope, ME and surrounding areas

In business since 2001

Free estimates

Credit card accepted

"Initially, there was some confusion about the scheduled appointment. I spoke to a Home Advisor rep about it. Once that was cleared up, things went great. They were on time, did great work and cleaned up after themselves. I would hire them again."
Kitchen demo
Exterior Landscape
exterior fence
Front Yard
Exterior landscraping

+215

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

Common mistakes when finishing basement walls include neglecting proper insulation, insufficient moisture management, and poor ventilation. Not addressing these issues can lead to mold growth, water damage, and discomfort. Additionally, inadequate planning, improper framing, and rushing the project can result in subpar outcomes. 

It's essential to follow best practices, seek professional guidance if needed, and prioritize thoroughness and attention to detail.

Building a bar in the basement will likely add value to your home, although it’s unlikely that you’ll see a significant return on investment (ROI) unless you plan on using the space for you and your guests. If you think you’ll use the area frequently, though, it’s probably worth the investment, and you should see a bump in value if or when you sell your property.

Unless you have extensive experience in construction work, remodeling a basement is best left to a professional. There are several tasks associated with this project that require exact precision, including:

  • Replacing insulation 

  • Replacing carpet or other flooring 

  • Adding heating and cooling

  • Adjusting or adding walls and doors

  • Altering or adding plumbing elements

If any of these elements is done incorrectly, it could severely impact the quality of your basement remodel and be dangerous. Changing a basement often comes with code safety requirements, like egress windows and proper ventilation. Therefore, leaving it up to a professional is often the best decision.

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.

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

The Hope, ME homeowners’ guide to basement remodels

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