Is it more affordable to gut a house than build a new home?

• <div><p>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. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

Get matched with top basement remodelers in Belgrade, MN

Q: Are walkout basements included in square footage?

• <div><p>Walkout basements are not generally included in a home&rsquo;s square footage, although they may be if they meet certain conditions that depend on local regulations. A finished walkout basement used as a living space may be counted toward square footage in some locations as long as all codes for livable space are met.</p></div>

Q: Is it OK to live in a finished basement?

• <div><p>Living in a finished basement is acceptable, but only if the space has the proper points of egress and includes smoke and carbon monoxide (CO) detectors to ensure the safety of the occupants. A good way to ensure your finished basement is suitable for use as living space is to get the basement finishing project properly permitted. </p></div>

Q: How long does it take to finish a basement?

• <div><p>Finishing a basement normally takes four to eight weeks, but the timeline depends on the size of your basement, your contractor's availability, and the extent of finishing work. Framing the basement will take three to five days, while adding electrical and rough-in plumbing can be another three to five days. Adding drywall can take five days, and floor installation can take two to three days. Final touches, like painting and adding trim, will take another week.</p></div>

Q: Is it more affordable to gut a house than build a new home?

• <div><p>Whether it&rsquo;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&rsquo;s usually less expensive to renovate a home than to build new construction. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

Q: Will adding a walkout basement increase home value?

• <div><p>Yes, adding a walkout basement will usually bump up your property value. Most homeowners prefer walk out basements because the exposed wall that&rsquo;s level with the ground provides more utility via a ground-level exterior entrance, and they can fit full windows, which adds natural light and ventilation to the basement area. The only exception might be in areas prone to tornadoes, as walkout basements aren&rsquo;t as safe as regular basements during a tornado, particularly if they include large windows or glass sliding doors.</p></div>

Enter your ZIP and get matched with up to 5 pros

Need a pro for your basement remodel project in Belgrade, MN?

Select your specific project to find the pro for you.

Verified Reviews for Basement Remodel pros in Belgrade, MN

*The Angi rating for Basement Remodel companies in Belgrade, MN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

*The HomeAdvisor rating for Basement Remodel companies in Belgrade, MN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

Last update on November 01, 2025

Reviewed in September 2021
considering the randomness of what they did - some things were what the house inspector recommended when I bought the place; upgraded the lighting in the basement, and rewired the entry for a future project - I'm very impressed with their thoroughness and the knowledge to adapt to the wiring of...
Mid-Minnesota Electric, LLC
Request a quote
Reviewed in October 2019
G&M did an excellent job. I called knowing I had some pretty odorous carpet that needed replacement. I had a few ideas in mind, but wasn't exactly sure how to go about it. They showed up, gave samples, provided multiple quotes for different areas, qualities, etc. and even offered additional...
G & M Flooring
Request a quote
Reviewed in October 2017
Great job. They went the extra mile to get an extremely heavy piece of equipment out of the basement.
JT'S JUNK&TRASH REMOVAL, LLC
Request a quote
Reviewed in March 2017
Rob and crew arrived and were all business and very professional. When they were done the basement was clean from their work.
Complete Basement Systems
Request a quote
Reviewed in March 2015
If you have an older home definitely hire Buck Brothers Construction. They know how to work on older homes. Their workmanship and quality are outstanding. What I appreciate most is how they stand behind their work and their particular attention to detail! It was a pleasure working with Buck...
BUCK BROTHERS CONSTRUCTION
Request a quote
Reviewed in June 2013
Dennis contacted us very soon after we placed our request. He provided a very competitive bid and provided a time frame for when he could complete the job. He completed the job as scheduled and performed a quality job. We plan on calling him next winter / spring for a similar job in our...
Den's Drywall
Request a quote
Reviewed in June 2012
I was not home when he serviced my unit. My wife was. He came to the door and then went right to work. The unit is outside. He had to come in a couple of times to check on the unit in the basement. He finished in a timely manner. I would recommend A to Z for all your appliance repair needs.
A To Z Refrigerator AC & Appliance Service
Request a quote
Reviewed in March 2011
The electrician was on time and courteous in answering my questions and concerns. He explained his reasoning for each thing asked about and made several suggestions that would make my remodel easier as I plan on doing the demo and most of the rebuild my self. Was not against DIYers and was very...
Quality Electric Service Inc
Request a quote
Reviewed in October 2007
It turns out there was no problem. Our filter was very clogged from recent remodeling work. We paid $90 to be told "change your filter." While it's good to know there wasn't a bigger (more expensive) problem, it was a little frustrating to be charged the full trip charge amount for no work,...
Air Mechanical Inc
Request a quote

Get matched with top basement remodelers in Belgrade, MN

Enter your ZIP and get matched with up to 5 pros

Need a pro for your basement remodel project in Belgrade, MN?

Basement Remodeling

Handyman for Multiple Small Project Service

Bathroom Remodeling

Verified Reviews for Basement Remodel pros in Belgrade, MN

Find Basement remodelers in Belgrade

Integro LLC

Integro LLC

Clean-N-Green LLC

Clean-N-Green LLC

SeelenBuilt LLC

SeelenBuilt LLC

J. Garza Carpentry & Remodel

J. Garza Carpentry & Remodel

Wagner & Sons Home Services LLC

Wagner & Sons Home Services LLC

Trisko Heating & Plumbing

Trisko Heating & Plumbing

Jered Smith Concrete,LLC.

Jered Smith Concrete,LLC.

The Finished Look

The Finished Look

Allweather home repair . construction

Allweather home repair . construction

NV Exteriors LLC

NV Exteriors LLC

The Belgrade, MN homeowners’ guide to basement remodels

How Much Does a Walkout Basement Cost? [2025 Data]

How Much Does Basement Bulkhead Replacement Cost? [2025 Data]

How Much Does It Cost to Build a Bar in a Basement? [2025 Data]

What Is Considered a Finished Basement?

25 Basement Remodel Ideas to Maximize Your Space

11 Drywall Alternatives for Your Basement

Find Basement remodel Pros in other cities near youNot finding what you are looking for in Belgrade? Check surrounding areas for Basement remodelers.

Which Basement remodel task are you tackling?Find Belgrade Basement remodels on Angi who specialize in any of these tasks