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

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

Serving Stetson, 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."
10 neighbors recently requested a quote
Fairmount Woodworking & Remodeling LLC
5.0(
6
)
Basement - Remodel

Serving Stetson, 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

Yes, most general contractors require an initial down payment. A reasonable deposit is typically between 10% and 25% of the total project cost, although this can vary by project size and location. This upfront payment helps the contractor cover initial costs like materials, permits, licensing, and hiring subcontractors. The remaining balance is usually billed according to a schedule outlined in your contract, often tied to project milestones or completion dates. Be cautious of contractors who ask for a large deposit of 50% or more, as this could be a red flag for a scam.

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.

Physically, the most challenging part of finishing a basement is installing egress windows or doors when the space is below ground level. Mentally, the hardest part may be envisioning the project and planning around load-bearing and mechanical obstacles.

You should plan on waiting at least a year and ideally two to three years after construction before finishing your basement. This will give the foundation time to settle in response to the weight of your home and the expansion of the surrounding soil. You can then repair your foundation and seal any cracks as needed before finishing it to reduce your risk of future leaks or other issues.

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 Stetson, ME homeowners’ guide to basement remodels

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