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Top-Rated Basement remodelers in Preston - Updated Nov 2026

Avatar for Nick Hawkins Construction
Nick Hawkins Construction
5.0(
4
)
Basement - Remodel

Serving Preston, MN and surrounding areas

Free estimates

"Really good. May need to work on more communication and a bit cleaner. Otherwise he did an awesome job. Good ideas, willingness to listen, flexible. Thorough, friendly."
Remodeling - General Project
Additional Photos
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+20

Response time1 day
Response rate100%
Recommended by100%of homeowners
Avatar for EnviroBate
EnviroBate
4.6(
115
)
Basement - Remodel

Serving Preston, 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
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Basement Remodel FAQs, answered by experts

In addition to overseeing new home builds, construction managers work on large renovations and major remodels. For example, they may work with designers and oversee the construction of a finished basement, kitchen renovation, or a home addition. They may also oversee large-scale remodels, such as the update of a historic home. Construction managers step into small projects for more specific assistance, such as building budgets and compiling the team.

The average cost of remodeling a basement is $30 to $75 per square foot. If your space is unfinished and looks like it may need more help, use the higher number when calculating your estimated basement remodeling costs. A good rule of thumb is to add an additional 20% to the top of your estimate to cover any “what if” situations.

For most basement remodels, you’ll want to hire a general contractor. This is for a number of reasons, but the main two are that general contractors have dedicated teams they are comfortable with, and hiring one means you only have to deal with one pro. You may also get a better project quote since they can lump all their work and subcontracting into a single quote. 

Renovation enhances functionality, increases home value, and can add new space for personal or family needs. It typically modernizes older unfinished basements for new uses.

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 Preston, MN homeowners’ guide to basement remodels

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