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Avatar for EnviroBate
EnviroBate
4.6(
115
)
Basement - Remodel

Serving Lyle, 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 Lyle, 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

The average cost to remodel a basement is between $12,100 and $33,400. Depending on the project's complexity, the price can be as low as $3,500 or exceed $50,200. For a simple project like adding a home office, you might spend between $500 and $3,000. However, a more extensive project, such as adding a bathroom, can range from $6,600 to $16,500. The final cost is influenced by factors like the basement's size and condition, the type of remodel, material choices, your location, and accessibility. For an accurate price, it's best to consult with a basement remodeling team.

If you don’t have a crawl space but have a partial basement you want to make deeper, you can expect to spend a little less—between $40,000 and $90,000 on average. However, if you’re not adding new finished square footage, you won’t see much in the way of ROI.

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.

Home improvements that increase value offer a high return on investment (ROI) and can enhance your quality of life. Upgrades to your home’s curb appeal often add the most value, with garage door replacement having one of the best ROIs at 93%. Other high-value exterior projects include replacing your front door, upgrading siding and roofing, installing a stone veneer, adding new windows, and landscaping. For interior renovations, a fresh coat of paint provides an excellent ROI. Major projects like a kitchen remodel or upgrading appliances and HVAC systems also add significant value, as potential buyers appreciate the peace of mind that new equipment provides.

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.

The Lyle, MN homeowners’ guide to basement remodels

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