Is it more affordable to gut a house than build a new home?

• <div><p>Whether it’s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it’s usually less expensive to renovate a home than to build new construction. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

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Q: Is it more affordable to gut a house than build a new home?

• <div><p>Whether it&rsquo;s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it&rsquo;s usually less expensive to renovate a home than to build new construction. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

Q: How much does it cost to make bigger windows in a basement?

• <div><p>Making a window in a basement larger costs an average of $4,200. You&rsquo;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.</p></div>

Q: Is an extension less expensive than a loft conversion?

• <div><p>Adding an extension or addition to your home costs more than a loft conversion in all but the rarest cases where the home's structural integrity is lacking. Because a home addition requires a new foundation section or significant structural upgrades to handle a cantilevered portion, the cost compared to almost any loft conversion is significantly greater for the same square footage.</p></div>

Q: What are the benefits of remodeling a basement?

• <div><p>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.</p></div>

Q: Will adding a walkout basement increase home value?

• <div><p>Yes, adding a walkout basement will usually bump up your property value. Most homeowners prefer walk out basements because the exposed wall that&rsquo;s level with the ground provides more utility via a ground-level exterior entrance, and they can fit full windows, which adds natural light and ventilation to the basement area. The only exception might be in areas prone to tornadoes, as walkout basements aren&rsquo;t as safe as regular basements during a tornado, particularly if they include large windows or glass sliding doors.</p></div>

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Verified Reviews for Basement Remodel pros in Vergas, MN

*The Angi rating for Basement Remodel companies in Vergas, 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 Vergas, 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 02, 2025

Reviewed in September 2021
considering the randomness of what they did - some things were what the house inspector recommended when I bought the place; upgraded the lighting in the basement, and rewired the entry for a future project - I'm very impressed with their thoroughness and the knowledge to adapt to the wiring of...
Mid-Minnesota Electric, LLC
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Reviewed in October 2019
G&M did an excellent job. I called knowing I had some pretty odorous carpet that needed replacement. I had a few ideas in mind, but wasn't exactly sure how to go about it. They showed up, gave samples, provided multiple quotes for different areas, qualities, etc. and even offered additional...
G & M Flooring
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Reviewed in October 2017
Great job. They went the extra mile to get an extremely heavy piece of equipment out of the basement.
JT'S JUNK&TRASH REMOVAL, LLC
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Reviewed in March 2017
Rob and crew arrived and were all business and very professional. When they were done the basement was clean from their work.
Complete Basement Systems
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Reviewed in March 2015
If you have an older home definitely hire Buck Brothers Construction. They know how to work on older homes. Their workmanship and quality are outstanding. What I appreciate most is how they stand behind their work and their particular attention to detail! It was a pleasure working with Buck...
BUCK BROTHERS CONSTRUCTION
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Reviewed in June 2013
Dennis contacted us very soon after we placed our request. He provided a very competitive bid and provided a time frame for when he could complete the job. He completed the job as scheduled and performed a quality job. We plan on calling him next winter / spring for a similar job in our...
Den's Drywall
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Reviewed in June 2012
I was not home when he serviced my unit. My wife was. He came to the door and then went right to work. The unit is outside. He had to come in a couple of times to check on the unit in the basement. He finished in a timely manner. I would recommend A to Z for all your appliance repair needs.
A To Z Refrigerator AC & Appliance Service
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Reviewed in March 2011
The electrician was on time and courteous in answering my questions and concerns. He explained his reasoning for each thing asked about and made several suggestions that would make my remodel easier as I plan on doing the demo and most of the rebuild my self. Was not against DIYers and was very...
Quality Electric Service Inc
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Reviewed in October 2007
It turns out there was no problem. Our filter was very clogged from recent remodeling work. We paid $90 to be told "change your filter." While it's good to know there wasn't a bigger (more expensive) problem, it was a little frustrating to be charged the full trip charge amount for no work,...
Air Mechanical Inc
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Charles Christensen Jr. Construction

Charles Christensen Jr. Construction

Customers say: Quality work

Recommended by 90% of Angi customers

15 years of experience

We are a locally owned and operated company that values honesty, integrity and treats your home as if it were our own. We offer a variety of general contractor and home improvement services that are customizable to each individual project. We specialize in additions, garages, decks and bethroom remodels, but also offer a wide range of expertise for a variety of other projects. We pride ourselves on the quality of our work as well as our commitment to outstanding results. We look forward to building lasting relationships and guarantee your satisfaction!

"Job not done yet"

Jolene D on August 2025

"Job not done yet"

Jolene D on August 2025

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Basement Remodeling

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Bathroom Remodeling

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Charles Christensen Jr. Construction

Charles Christensen Jr. Construction

A+ Concrete

A+ Concrete

Dakota Floors And More

Dakota Floors And More

CK Maintenance, LLC

CK Maintenance, LLC

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

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