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Avatar for Abraham Z. Cates Finish Carpenter
Abraham Z. Cates Finish Carpenter
4.9(
14
)
Basement - Remodel

Serving Palermo, ME and surrounding areas

Approved

In business since 2019

Free estimates

Emergency services offered

"I cannot say enough about this project and Abe! We had a ?sweaty? basement refinished. Abe walked us through every thorough and comprehensive step that he took to ensure the new living space would be safe and functional for many years to come. His estimate was accurate, his pricing, fair, and the subcontractors that he hired for plumbing and electric were professional, friendly, and swift. We asked Abe for a number of specialty finish carpentry projects and all were finished meticulously. We are still finding little surprises here and there that show just how much he cares about the function and beauty of his work! We had a custom glass shower door built, a hydraulic Murphy bed, and a ?secret bookcase door? leading to my husband?s office. Every single thing came out just beautifully, and all of our friends and neighbors are terribly impressed! We will absolutely be working with Abe again?He?s a master of his craft!"
Kitchen Remodel
Kitchen Remodel
Kitchen Remodel
Kitchen Remodel
Kitchen Remodel

+21

Response time2 days
2 neighbors recently requested a quote
Recommended by85%of homeowners
Avatar for Baker Electric and Sons
Baker Electric and Sons
4.1(
17
)
Basement - Remodel

Serving Palermo, 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%
66 neighbors recently requested a quote
Avatar for G.A. Doughty Construction
G.A. Doughty Construction
3.4(
17
)
Basement - Remodel

Serving Palermo, 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
19 neighbors recently requested a quote
Recommended by57%of homeowners
Avatar for Bellevue Builders Co
Bellevue Builders Co
5.0(
8
)
Basement - Remodel

Serving Palermo, ME and surrounding areas

In business since 2021

Free estimates

"Bellevue Builders did such an amazing job renovating my bathroom. From the day they started the job to the day they ended, all of the work and cleanup was done meticulously. I met with the owner who was so responsive and thorough — any questions I had he answered! Very professional team who not only took really good care of us but did some beautiful tile work! Above and beyond expectations. I would recommend this company to anyone who needs quality work."
Additional Photos
Additional Photos
Additional Photos
Additional Photos
Additional Photos

+18

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

The time it takes to finish or remodel a basement can vary significantly, ranging from a few weeks to several months or even up to a year. On average, the construction phase can take four to eight weeks, but the total project time can extend to three or four months when including planning and permits. The timeline depends on several factors, including the basement's size, design complexity, the scope of the work, and your contractor's availability. A more detailed breakdown for an average-sized basement might include: framing (3-5 days), electrical and rough-in plumbing (3-5 days), drywall installation (5 days), flooring (2-3 days), and final touches like painting and trim (about a week). If preliminary work like installing a waterproofing system or addressing structural issues is needed, the timeline could extend to six to twelve months. Factors like difficult access, material transport, and ventilation needs can also add to the project's duration.

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.

Whether it’s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it’s usually less expensive to renovate a home than to build new construction. 

Most homeowners pay between $100,000 and $200,000 for demolition and remodeling costs, whereas the average cost to build a new home is between $139,000 and $531,300.

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.

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 Palermo, ME homeowners’ guide to basement remodels

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