What are the pros and cons of finishing a basement?

• <div><p>When considering finishing your basement, take into account a few pros and cons:</p><p>Pros</p><ul><li><p>Can increase the value of your home</p></li><li><p>Separate space from the rest of the house </p></li><li><p>Customize and personalize the basement to suit your needs and style</p></li><li><p>Increase the amount of living space in your home</p></li></ul><p>Cons</p><ul><li><p>May not regain enough value to cover the cost of finishing</p></li><li><p>Lack of natural light if it’s below ground level</p></li><li><p>Moisture or flooding can cause costly damage</p></li><li><p>Installing plumbing and electrical can be messy and costly</p></li></ul><p></p></div>

Should you pay a contractor up front?

• <div><p>In most cases, a contractor will ask you for a deposit that is a percentage of the total cost of your job, but you should never pay in full before work has begun. The <a href="https://www.angi.com/articles/how-much-should-i-pay-general-contractor-prior-starting-job.htm">up-front cost</a> could be as much as 50%, or you might give a contractor as little as 10% up front. Discuss payment terms with your contractor before they begin the job to avoid surprises.</p></div>

Can I remodel a basement myself?

• <div><p>Unless you have extensive experience in construction work, remodeling a basement is best left to a professional. There are several tasks associated with this project that require exact precision, including:</p><ul><li><p>Replacing insulation </p></li><li><p>Replacing carpet or other flooring </p></li><li><p>Adding heating and cooling</p></li><li><p>Adjusting or adding walls and doors</p></li><li><p>Altering or adding plumbing elements</p></li></ul><p>If any of these elements is done incorrectly, it could severely impact the quality of your basement remodel and be dangerous. Changing a basement often comes with <a href="https://www.angi.com/articles/finished-basement-code-requirements.htm">code safety requirements</a>, like egress windows and proper ventilation. Therefore, leaving it up to a professional is often the best decision.</p></div>

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Q: Who do I hire for a basement remodel?

• <div><p>For most basement remodels, you&rsquo;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. </p></div>

Q: Should you refinish your basement?

• <div><p>Finishing a basement can provide a great return on investment, by increasing the market price of your home when you want to sell. Beyond that, there are many reasons to finish your basement. Doing so expands the usable square footage of your home, so you can enjoy it more, even as your family grows. Renovating your basement costs less in terms of time, energy, and money than having to search for and buy a new home.</p></div>

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Verified Reviews for Basement Remodel pros in Richville, MN

*The Angi rating for Basement Remodel companies in Richville, MN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

*The HomeAdvisor rating for Basement Remodel companies in Richville, MN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

Last update on November 23, 2025

Reviewed in October 2017
Began with complete basement for sump pump & tile around basement. Next was new windows in basement & complete air unit. Installed last item was vapor barrier in crawl space. We now have a great usable basement.
Complete Basement Systems
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Reviewed in August 2009
They had a great proposal, we just weren’t willing to spend that kind of money. It was a great experience. They found a water leak and that would have cost at least half of the cost. It was a huge problem. They were up front about it and honest. They were good to work with. They told us they...
Orfield Design & Construction Inc
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Reviewed in September 2021
I recently hired DBS to do a basement project for me. The project involved involved installing interior drain tile, new sump pumps, new sump pump discharge, 2 egress windows, 2 small basement windows, rim joist insulation, and basement wall insulation. The whole project with DBS has been a...
DBS Residential Solutions, Inc
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Reviewed in July 2015
Perfect! They do good work, and they're very friendly, competent, and professional. We're quite satisfied with the finished product.
Gottwald & Gwost
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Reviewed in February 2018
If I could give an A+ rating, I would. Casey is a true craftsman who does meticulous work. He is honest and reliable. Over the past eight years, he has done exceptional finish carpentry work on our basement remodel, installed a very nice tile shower, and created a stunning thinset brick accent...
Perfect Fit Carpentry Inc.
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Reviewed in June 2013
Jaymey was great to work with and had excellent communication. A good part of this renovation was done while I was out of state and yet I felt very comfortable with what was being done. He was full of great ideas and always had a way to get around the problems we encountered, which were many...
Dornbusch Construction LLC
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Sentri Homes

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Sentri Homes

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2 years of experience

Sentri Homes is a full-service contractor delivering high-end home additions, whole-home remodels, new custom builds, luxury kitchens, structural framing, roof replacements, and every major renovation. We assign a dedicated project manager to every job, deliver meticulous craftsmanship with clear communication, and back our work with an industry-leading warranty to ensure complete peace of mind on your largest investments. Our in-house team of licensed builders and master craftsmen consistently earns 5-star reviews by turning big visions into stunning, high-value homes—when you need one trusted partner who truly does it all, we’re the proven choice.

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Basement Remodeling

Handyman for Multiple Small Project Service

Bathroom Remodeling

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Sentri Homes

Sentri Homes

A+ Concrete

A+ Concrete

Dakota Floors And More

Dakota Floors And More

Rough Cut Renovations

Rough Cut Renovations

J. Garza Carpentry & Remodel

J. Garza Carpentry & Remodel

Straight Up Builders

Straight Up Builders

Sperling Modern Home

Sperling Modern Home

Jered Smith Concrete,LLC.

Jered Smith Concrete,LLC.

The Finished Look

The Finished Look

Allweather home repair . construction

Allweather home repair . construction

The Richville, MN homeowners’ guide to basement remodels

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