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Avatar for EnviroBate
EnviroBate
4.6(
115
)
Basement - Remodel

Serving Le Roy, 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 Fischer Family Services LLC
Fischer Family Services LLC
5.0(
3
)
Basement - Remodel

Serving Le Roy, MN and surrounding areas

In business since 2021

Free estimates

We have the experience and dedication to get the job done right! Specializing in Kitchen and Bathroom Remodeling services; We guarantee your satisfaction, and we won't leave until the job is done right. We pride ourselves on the quality work we provide, while delivering great customer service! Call or click for your estimate today!

Electrical Project
Recommended by100%of homeowners
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Basement Remodel questions, answered by experts

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.

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, adding a walkout basement will usually bump up your property value. Most homeowners prefer walk out basements because the exposed wall that’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’t as safe as regular basements during a tornado, particularly if they include large windows or glass sliding doors.

Lifting a house and adding a basement is one way to add usable square footage. Lifting or jacking a house is a complex process, and it can be expensive, not to mention that you won’t be able to live in your house while it’s lifted, due to safety concerns. Lifting a house should only be done by experienced professionals.

Building a bar in the basement will likely add value to your home, although it’s unlikely that you’ll see a significant return on investment (ROI) unless you plan on using the space for you and your guests. If you think you’ll use the area frequently, though, it’s probably worth the investment, and you should see a bump in value if or when you sell your property.

The Le Roy, MN homeowners’ guide to basement remodels

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