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Top-Rated Basement remodelers in Fairmont - Updated Nov 2026

Avatar for Timberstone Builders LLC
Timberstone Builders LLC
New to Angi
Basement - Remodel

Serving Fairmont, MN and surrounding areas

Approved

Small jobs welcome

Offers commercial services

With over 50 combined years of experience in new and remodel construction, Chad and Tim are sure to make your project dreams come true. We are fully licensed and insured and can handle just about any project you have. We pride ourselves in doing quality work and are extremely easy to work with. Having families ourselves, we understand the inconvenience of construction in your house and do our best to keep it clean while we are there and get out in a timely matter.

Bathroom
Bathroom
Bathroom
Barndo
Barndo

+1

Avatar for Betterliving Sunrooms By Portico
Betterliving Sunrooms By Portico
3.7(
41
)
Basement - Remodel

Serving Fairmont, MN and surrounding areas

In business since 2009

Credit card accepted

"We had a great experience, from our initial meeting with Robert to discuss the bid, to our interactions with the work crew who were working at our house for over a month. Everyone at Portico has been very responsive and a did a great job meeting our needs and adjusting to the unforeseen complications that come with finishing the basement of a 70 year old home. We were extremely pleased with the end result and use our new basement all the time!
"
Additional Photos
Additional Photos
Additional Photos
Additional Photos
Additional Photos

+3

Recommended by69%of homeowners
Avatar for Homemade Design
Homemade Design
3.7(
322
)
Basement - Remodel

Serving Fairmont, MN and surrounding areas

In business since 2006

Credit card accepted

"Amanda was really very good!  At first I was very skeptical, thinking why did I pay money to just speak with someone on the phone about my kitchen remodel project... but after just a few minutes of her addressing some of the issues/questions I emailed to her earlier, I knew it was worth it.  It was very clear that she knew her business and she gave me several ideas that I had not even thought about.  I told her that I would definitely recommend her to friends and I will very likely use her again myself for my next home project!

"
Pennsylvania Master Bathroom
Boston Small Condo Kitchen
California Client Saves with HMD Designer Discounts
Recommended by54%of homeowners
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Basement Remodel FAQs, answered by experts

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.

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.

Roughing in and connecting utilities are the hardest parts of finishing a basement, and they’re the parts we typically don’t recommend doing as a DIY project. Unfortunately, your finishing timeline can be extended by weeks while you wait for contractors and inspectors to install electrical wiring, plumbing lines, and heating/cooling equipment and carry out inspections.

Envision the type of bar experience you'd like to create for your guests. For example:

  • Does your basement have enough finished space for bar stools or seating?

  • What type of additional lighting would set the tone for the room?

  • Are there basement windows or an HVAC system?

  • Do you need new plumbing in your basement for a proper wet bar?

  • Could you be happy with a built-in wall cabinet bar rather than a full-scale wet bar?

Since DIYing a basement remodel isn't typically advised, there are some ways that you can still save money on this project without putting yourself in danger. Some ways to save money on a basement remodel include:

  • Painting walls yourself versus including in the cost of the remodel 

  • Installing light fixtures yourself

  • Choosing prefabricated fixtures, like cabinets, over custom ones

  • Choosing a budget-friendly flooring option, like laminate or vinyl flooring, and add rugs where necessary

The Fairmont, MN homeowners’ guide to basement remodels

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