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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%
73 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."
6 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

A walkout basement is considered to be partially below grade because at least one wall is entirely exposed. In some cases and in specific municipalities, inspectors and appraisers will still count walkout basements as below grade, which means the space can’t serve as living space or be rented out. If you intend on using the area as living space or a separate apartment, you should check with your local building department to make sure it’s legal to do so.

If you’re not sure which method of raising the ceiling is best for you, here are a couple of considerations to help you make that decision. A professional ceiling company will be able to help you determine the best option for your home.

  • How long you are planning to live there: although raising the basement ceiling will increase the value of your home, if you’re planning to sell the house, then go for raising the house.

  • The condition of the foundation: to lower the floors, your foundation has to be intact whereas raising the house will allow you to restore the damaged foundation.

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.

Adding a bathroom to your basement can increase your home value since homes with multiple bathrooms sell for more. The return on investment (ROI) for a basement bathroom is 50% to 75%. The actual return varies with your home and location. Adding a half bath to your home increases the value by 2.9% while finishing a basement increases the home value by 6.6%.

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.