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  • Average homeowner rating star icon4.4
    Average homeowner rating
  • Verified reviews icon105
    Verified basement remodels reviews

Top-Rated Basement remodelers in Elk River - Updated Nov 2026

Avatar for Emerald Remodeling
Emerald Remodeling
4.9(
26
)
Basement - Remodel

Serving Elk River, MN and surrounding areas

Approved

In business since 1989

Free estimates

Emergency services offered

"I had a great experience working with Emerald remodeling to redo the bathroom and layout in the basement of our home. They came highly recommended from a friend and delivered a significantly lower bid from other estimates from both a cost and timeline standpoint. Throughout the process, the owner was very patient with our queries and was a great communicator, often responding quickly to our questions and helping us through any changes in direction the project needed. The end result was exactly the basement bathroom setup we needed for our family. I could not recommend Emerald Remodeling enough, and will certainly work with them on any future projects. Thank you!"
Modern Kitchen
New Kitchen
Response time11 hrs
Response rate94%
3 neighbors recently requested a quote
Avatar for Landson Construction
Landson Construction
4.8(
37
)
Basement - Remodel

Serving Elk River, MN and surrounding areas

Approved

Free estimates

Warranties offered

Customers say: True professional

"The remodeling went very well. It was completed on the day it was promised. The quality of work is very good. Now I don't have to worry that there maybe water leak on the wall. Ariel was here everyday to oversee the work; his crews are very professional."
Roofing Project, concrete walkways, window wells
Concrete Driveways Project
Roofing Project, concrete walkways, window wells
Concrete Driveways Project
Roofing Project, concrete walkways, window wells

+14

4 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Great River Builders & Remodelers LLC
Great River Builders & Remodelers LLC
4.7(
24
)
Basement - Remodel

Serving Elk River, MN and surrounding areas

Approved

In business since 2011

Free estimates

Emergency services offered

"Both jobs were done exceptionally well with great attention to detail. He and his crew were professional and courteous. The job was completed on the day they said it would be done, even a little sooner. Will definitely hire again for our next project."
Additional Photos
Additional Photos
Additional Photos
Additional Photos
Additional Photos

+2

Response time2 days
Response rate100%
1 neighbors recently requested a quote
Avatar for Rice Creek Building & Remodeling, Inc.
Rice Creek Building & Remodeling, Inc.
3.9(
9
)
Basement - Remodel

Serving Elk River, MN and surrounding areas

Approved

In business since 2012

Free estimates

Warranties offered

"They arrived on time and got right to work. Both were personality plus. Very professional and knew the job to be done. Cleaned both inside and outside areas like they weren't even here. I would hire him again in a heartbeat. Office manager was also most helpful with questions I had."
Response time1 day
1 neighbors recently requested a quote
Recommended by85%of homeowners
Avatar for Summit Builders Inc
Summit Builders Inc
5.0(
5
)
Basement - Remodel

Serving Elk River, MN and surrounding areas

Approved

In business since 2021

Free estimates

Warranties offered

"We had Summit Builders replace our old roof this past summer. The crew was efficient clean and mindful of our landscaping around the home. We are pleased with the results and the work the company put in to deal with our insurance company."
Stair case window
Playroom window
Playroom window
Living room
Patio door

+27

106 neighbors recently requested a quote
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Basement Remodel FAQs, answered by experts

It’s less expensive to finish your basement than it is to build an addition to your home. The average cost to refinish a basement is $32,000 (between $7 and $23 per square foot) while building an addition to your home costs $50,325 ($80 to $210 per square foot). Depending on the size of your basement and other factors, like moving plumbing and electrical, refinishing a basement is a more cost-effective option in most cases.

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.

Yes, it is possible to turn a regular basement into a walkout basement. Doing so involves excavating the land around at least one side of your basement foundation, installing retaining walls to create a permanent below-grade area outside your home, and then cutting into the foundation to install an exterior door that leads out to the new space. This is an expensive and time-consuming project, but it can add a lot of value and utility to your home.

Building up by adding square footage to the top of your home is often less expensive than adding a basement, but it depends on the specifics of your house, your property, and supply costs. Because building a basement requires excavation, it can be a more expensive option than building up.

In addition to overseeing new home builds, construction managers work on large renovations and major remodels. For example, they may work with designers and oversee the construction of a finished basement, kitchen renovation, or a home addition. They may also oversee large-scale remodels, such as the update of a historic home. Construction managers step into small projects for more specific assistance, such as building budgets and compiling the team.

The Elk River, MN homeowners’ guide to basement remodels

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