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Avatar for EnviroBate
EnviroBate
4.6(
115
)
Basement - Remodel

Serving Canton, MN and surrounding areas

In business since 1989

Free estimates

Emergency services offered

"I called Jeff to get his thoughts on some asbestos duct insulation in the basement of a house we were making an offer on. He was out with an appointment, but called back ASAP and asked for all the details, then walked me through what he would do in my situation. Incredibly, even though his livelihood is asbestos mitigation, he recommended I leave it alone (he said since there was so little asbestos, and the insulation tape was in good enough shape, it'd actually be worse to try and remove it). He was extremely courteous and knowledgeable, and even though his advice meant that I wouldn't be hiring him, he has my recommendation for anyone who actually DOES have an asbestos problem.
"
Eric Hjort, Project Manager for Home Services
Recommended by97%of homeowners
Avatar for Nick Hawkins Construction
Nick Hawkins Construction
5.0(
4
)
Basement - Remodel

Serving Canton, MN and surrounding areas

Free estimates

"Really good. May need to work on more communication and a bit cleaner. Otherwise he did an awesome job. Good ideas, willingness to listen, flexible. Thorough, friendly."
Remodeling - General Project
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+20

Response time1 day
Response rate94%
Recommended by100%of homeowners
Avatar for Driftless Craft, LLC
Driftless Craft, LLC
5.0(
3
)
Basement - Remodel

Serving Canton, MN and surrounding areas

In business since 2025

Free estimates

Emergency services offered

Driftless Craft LLC is committed to excellence in every aspect of our business. \nWe uphold a standard of integrity bound by fairness, honesty, and personal \nresponsibility. Our distinction is the quality of service we bring to our customers. \nAccurate knowledge of our trade combined with ability is what makes us true \nprofessionals. Above all, we are watchful of our customers' interests and make \ntheir concerns the basis of our business.\n

Response time2 days
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Basement Remodel questions, answered by experts

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.

Efficient appliance positioning, optimizing existing plumbing, and sourcing energy-efficient materials reduce financial impact and increase sustainability.

Although homeowners often use the terms basement remodeling and basement finishing interchangeably, they are quite different terms. 

Finishing a basement is the process of taking a basement space that is not habitable and adding elements to make it usable. This includes adding plumbing, flooring, and insulation.

Remodeling a basement means taking an already existing finished basement and changing it, often by adding or removing walls, adding plumbing, or changing the existing flooring.

When considering finishing your basement, take into account a few pros and cons:

Pros

  • Can increase the value of your home

  • Separate space from the rest of the house 

  • Customize and personalize the basement to suit your needs and style

  • Increase the amount of living space in your home

Cons

  • May not regain enough value to cover the cost of finishing

  • Lack of natural light if it’s below ground level

  • Moisture or flooding can cause costly damage

  • Installing plumbing and electrical can be messy and costly

Walkout basements cost more than other kinds of basements, and can also increase your risk of leaks as well as a loss of insulation, leading to higher heating and cooling costs. Improperly installed walkout basements may lead to structural issues with your foundation, so ensure you’re working with a contractor who has extensive experience with this kind of basement.

The Canton, MN homeowners’ guide to basement remodels

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