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Top-Rated Basement remodelers in Owatonna - Updated Nov 2026

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

Serving Owatonna, 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 Owatonna, 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 Owatonna, 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

Yes. Renovating your basement has a return on investment (ROI) of 75%, meaning your remodel investment will significantly increase the value of your home. Besides the ROI, your family can enjoy a larger, more usable space while you live there. 

If you’re not sure which method of raising the ceiling is best for you, here are a couple of considerations to help you make that decision. A professional ceiling company will be able to help you determine the best option for your home.

  • How long you are planning to live there: although raising the basement ceiling will increase the value of your home, if you’re planning to sell the house, then go for raising the house.

  • The condition of the foundation: to lower the floors, your foundation has to be intact whereas raising the house will allow you to restore the damaged foundation.

Common mistakes when finishing basement walls include neglecting proper insulation, insufficient moisture management, and poor ventilation. Not addressing these issues can lead to mold growth, water damage, and discomfort. Additionally, inadequate planning, improper framing, and rushing the project can result in subpar outcomes. 

It's essential to follow best practices, seek professional guidance if needed, and prioritize thoroughness and attention to detail.

Physically, the most challenging part of finishing a basement is installing egress windows or doors when the space is below ground level. Mentally, the hardest part may be envisioning the project and planning around load-bearing and mechanical obstacles.

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 Owatonna, MN homeowners’ guide to basement remodels

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