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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

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.

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.

Making a window in a basement larger costs an average of $4,200. You’ll need to pay an average of $550 to have a structural engineer plan the project, $500 to $1,500 for the installation labor, and an average of $2,200 for the excavation and window well installation. The remainder will go toward pulling permits, installing trim, and repairing drywall on the interior.

A finished basement does not always count as square footage, as this varies by state regulations. In areas that allow below-grade spaces to be included in a home's official square footage, the basement must typically meet certain conditions. These conditions often include having a functional egress and being a livable space with flooring, finished walls, and temperature control. To be certain, contact your local assessor to confirm your area's specific policies regarding basement square footage.

It is common for a contractor to ask for a down payment before starting a project, especially for jobs that require purchasing materials and equipment or hiring a crew. The deposit amount can range from 10% to 50% of the total job cost. While a request for up to 50% is not unusual, a contractor should not ask for more than that, and you should never pay for a project in full before the work has begun. To protect yourself, always discuss payment terms before starting and have a written contract that outlines the project timeline and expectations. Additionally, be sure to hire reputable contractors and check their licensing and insurance before the project begins.

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.