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Avatar for Leviathan Group LLC
Leviathan Group LLC
5.0(
9
)
Basement - Remodel

Serving Otisfield, ME and surrounding areas

Approved

In business since 1996

Free estimates

Offers commercial services

"Highly recommended! We did a kitchen remodel. Don and his son did quality work. Beautiful custom cabinets and woodworking. Easy to work with & even went beyond expectations. They were quick to respond to any messages. We plan on hiring them again."
Cabinet
Kitchen Island
Custom Cabinets
Pot Hangers
The Leviathan Group

+9

Response time2 days
Response rate95%
7 neighbors recently requested a quote
Avatar for Innovative Construction
Innovative Construction
3.7(
33
)
Basement - Remodel

Serving Otisfield, ME and surrounding areas

Approved

In business since 2015

Free estimates

Emergency services offered

"I hired innovative construction to reside one side of my building. During the bidding of the project as well as during the execution of the work, Greg and his team were professional, timely and responsive. I would absolutely hire Greg and his team again"
Before
Deck Repair
Deck Repair
Before
MIDWAY

+9

Response time3 days
9 neighbors recently requested a quote
Recommended by43%of homeowners
Avatar for Doak and Co Contracting
Doak and Co Contracting
New to Angi
Basement - Remodel

Serving Otisfield, ME and surrounding areas

Approved

In business since 2023

Free estimates

Small jobs welcome

We at Doak and Co Contracting focus on quality services over quantity. We use our experience and expertise to complete your project with perfection. Customer service and honesty are the most important aspects of our business and your satisfaction is guaranteed. Please call us today for an estimate. We look forward to working with you.

Response time10 hrs
3 neighbors recently requested a quote
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Basement Remodel questions, answered by experts

Anything having to do with the structure of your home, such as raising the ceiling, is usually the most expensive part of finishing a basement. Another project component that could be a surprisingly high expense is adding an exterior entrance. 

The cost of a walkout basement can be anywhere from $5,000 to $35,000.

A finished basement must have a heat and electrical supply with an entrance that meets building code requirements, such as a stairwell to the home's main living space. It often must include finished walls, ceilings, and floors. If the finished basement includes a bedroom, it should have a heat source, an egress window, and a closet.

Remodeling, as opposed to finishing, means altering an already finished basement by adding a bathroom, bedroom, or living area.

Home improvements that increase value offer a high return on investment (ROI) and can enhance your quality of life. Upgrades to your home’s curb appeal often add the most value, with garage door replacement having one of the best ROIs at 93%. Other high-value exterior projects include replacing your front door, upgrading siding and roofing, installing a stone veneer, adding new windows, and landscaping. For interior renovations, a fresh coat of paint provides an excellent ROI. Major projects like a kitchen remodel or upgrading appliances and HVAC systems also add significant value, as potential buyers appreciate the peace of mind that new equipment provides.

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.

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 Otisfield, ME homeowners’ guide to basement remodels

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