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    Average homeowner rating
  • Verified reviews icon87
    Verified basement remodels reviews

Top-Rated Basement remodelers in Forest Lake - Updated Nov 2026

Avatar for Carter Custom Construction & Fireplaces Inc
Carter Custom Construction & Fireplaces Inc
4.6(
31
)
Basement - Remodel

Serving Forest Lake, MN and surrounding areas

Approved

In business since 1998

Free estimates

Warranties offered

"The designer came out and looked at our space and existing decor, listened to what I thought wanted and showed me options. We selected what we wanted and they ordered it. They contacted me when everything was in and arrived promptly to install the fireplace. The installers were professional, put down clothes everywhere to protect carpet and furniture and were efficient. The city inspector came and then they came back to install the mantel. The supplier had stopped carrying the marble we had ordered and has substituted something else. We told Carter Custom we didn't want limestone but really wanted a light colored marble. They found us another supplier, took out the limestone and went to install the marble. The main floor piece had cracked during shipping. They got us another piece and finally we got it all installed. The installer showed me how to use the remote control and how to manually over ride in case of a power failure. He also went through basic maintenance. I really appreciated all the communication as the supplier problems were sorted out. I always knew exactly what was going on and what the current status was. Everyone was friendly, helpful and professional and overall we had a great experience. The price quoted and paid was considerably less than other suppliers for essentially the same product and the people were considerably more helpful. Overall I highly recommend them!"
Four Seasons Porch
Custom Deck
Three Season Porch
Cigar Lounge
Four Seasons Porch

+125

Response time8 hrs
Response rate100%
7 neighbors recently requested a quote
Avatar for Emerald Remodeling
Emerald Remodeling
4.9(
26
)
Basement - Remodel

Serving Forest Lake, 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 Forest Lake, MN and surrounding areas

Approved

Free estimates

Warranties offered

Customers say: True professional

"Landson Construction came in as the lowest bidder on the work I needed done and then surpassed my expectations! Ari worked with me to schedule the work around my availability, and sent in respectful, hardworking teams to complete the work. I especially want to shout out to the concrete patio expert, who took an old blueprint from my architect and worked with me to create the perfect patio design based on my current needs and desired landscaping. I've already had people ask me, " Who poured this? It looks great!" Ari was very professional, responsive and patient with my many questions and concerns. When I texted him on the last day of work with a concern, he came over and laid down on the ground to get a look at what I was talking about, and then took the time to walk me through the decisions we made and how the system will work together as planned to keep my basement dry. Now that I know that they do more than just waterproofing and concrete, I will keep them in mind as future work comes up, because I trust them to do a great job, and finish on time."
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

6 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for DemaHom Construction and Development, LLC.
DemaHom Construction and Development, LLC.
4.9(
10
)
Basement - Remodel

Serving Forest Lake, MN and surrounding areas

Approved

In business since 2024

Free estimates

Small jobs welcome

"Our kitchen looks amazing-the renovation completely transformed the space, and the finished results are even better than we imagined. Everything was completed with care and attention to detail. We?re thrilled with our new kitchen!"
Full Kitchen Remodel 1
Full Kitchen Remodel 1
Main Level
Master Bathroom
Master Bathroom

+30

1 neighbors recently requested a quote
Avatar for BRZ Construction, Inc.
BRZ Construction, Inc.
4.5(
22
)
Basement - Remodel

Serving Forest Lake, MN and surrounding areas

Approved

In business since 2008

Free estimates

Warranties offered

"Brett at BRZ was very professional, punctual, enthusiastic and offered suggestions to my ideas on design. He answered my phone calls and texts in a timely manner, as well as, that of my painter and wood floor installer. I love my open-concept kitchen, living room, dining room. I will recommend him to others and will be using him on my future projects."
Garage
2 Car Garage
Wisconsin Kitchen
White Bear Lake Ktichen
Maplewood Kitchen

+91

Response time2 days
6 neighbors recently requested a quote
Recommended by83%of homeowners
Avatar for Rice Creek Building & Remodeling, Inc.
Rice Creek Building & Remodeling, Inc.
3.9(
9
)
Basement - Remodel

Serving Forest Lake, 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
2 neighbors recently requested a quote
Recommended by85%of homeowners
Avatar for ERC Construction
ERC Construction
4.7(
13
)
Basement - Remodel

Serving Forest Lake, MN and surrounding areas

Approved

In business since 2011

Free estimates

Emergency services offered

"Cory was great to work with. His attention to detail and customer service was second to none. I have received multiple compliments on the work ERC performed. Thank you Cory!"
Roofing
Roofing
Roofing
Mastic Quest Siding
New Roofing

+18

Response time1 day
Response rate91%
13 neighbors recently requested a quote
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Basement Remodel FAQs, answered by experts

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.

Installing a bathroom in a basement isn’t a project for most homeowners. Many parts—plumbing, electricity, and carpentry—go into this project, each requiring expert-level knowledge and tools. One miscalculation can lead to very expensive repairs. Plus, some homeowner’s insurance might not pay for damages caused by a homeowner DIYing this project. You can protect yourself by allowing the pros to complete this job for you. 

Basements are commonly converted into game rooms. The potential challenges you may run into include controlling moisture, working with low ceilings, limited natural light, and the need for additional electrical or HVAC work. Addressing these issues can add to the total cost, but it ensures a comfortable and functional space.

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.

Yes, most general contractors require an initial down payment, typically between 10% and 25% of the total project cost. This upfront payment helps cover the costs of materials, permits, and subcontractors. The remaining project costs are usually billed after specific project milestones are reached or on set completion dates, as outlined in your contract. Be wary of contractors who require a significant deposit of 50% or more upfront, as this could be a red flag for a scam.

The Forest Lake, MN homeowners’ guide to basement remodels

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