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 do I budget for a basement remodel?

• <div><p>The average cost of remodeling a basement is <b>$30 to $75 per square foot</b>. 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 &ldquo;what if&rdquo; situations.</p></div>

Q: What are the most expensive parts of finishing a basement?

• <div><p>Anything having to do with the structure of your home, such as raising the ceiling, is usually the most expensive part of finishing a basement. Another project component that could be a surprisingly high expense is adding an exterior entrance. </p><p>The <a href="https://www.angi.com/articles/what-average-cost-add-exitwalk-out-my-finished-basement.htm">cost of a walkout basement</a> can be anywhere from $5,000 to $35,000.</p></div>

Q: What are the hardest parts of finishing a basement?

• <div><p>Roughing in and connecting utilities are the hardest parts of finishing a basement, and they&rsquo;re the parts we typically don&rsquo;t recommend doing as a DIY project. Unfortunately, your finishing timeline can be extended by weeks while you wait for contractors and inspectors to install electrical wiring, plumbing lines, and heating/cooling equipment and carry out inspections.</p></div>

Q: How do I know if my basement walls are suitable for finishing?

• <div><p>To determine if your basement walls are suitable for finishing, assess their structural integrity and moisture conditions. Look for any signs of damage, such as cracks, bowing, or excessive moisture. Ensure proper drainage and address any underlying issues before proceeding. </p><p>Consult with a professional if you're uncertain about the structural stability or potential risks associated with finishing your basement walls.</p></div>

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Verified Reviews for Basement Remodel pros in Sheldon, MO

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Last update on October 04, 2025

Reviewed in March 2011
As to the yard, they continue to provide that service if we are not home, they complete the job and leave a bill in the door.. The complete basement job was done expertly and with minimum costs. We had occasion to call them back for problems WE created, flooded kitchen leaked to basement, ruined...
Jabiso Lawn Care
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Reviewed in June 2024
Excellent communication before and during the project so there were no surprises at the end of job. The crew at In & Out was very professional and courteous through out the project. The workmanship was great. Will definitely use for future projects. Highly recommend.
In 'N Out Construction
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Reviewed in April 2011
They showed up every day. I never had to call and look for them. They built it exactly as they showed us in their drawings. Best part is they were done on schedule and on budget. The crews are professional, clean and polite. A complete total great experience.
Dillon Company
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Reviewed in August 2019
Feth Construction installed a bathroom in our basement and we couldn't be happier. Tim was very helpful and knowledgeable and helped us to stay within our budget and brought up details I hadn't thought of. Their workmanship is great and you can tell they take great pride in their work and I...
Feth Construction LLC
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Reviewed in March 2021
Brian and crew repaired our basement wall and did an excellent job. They had it done in less than a day and a half. We did not think this problem was fixable and had worried about it for years. What a relief! Also while digging they dicovered a serious issue with our sewer line and repairs were...
BRIAN'S FOUNDATION REPAIR
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Reviewed in August 2011
He quoted us extremely fair and stuck to his quote. He was on time every day and got the work done on time. He was very professional and friendly at all times even when I got in his way! I plan on hiring him again in the future for all my remodeling needs as he does much more than flooring! His...
Xtreme Remodeling
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Reviewed in May 2012
Don and his son were absolutely wonderful to work with. They worked until they found the structural problem in my basement,repaired it,and then worked patiently and diligently with me to remodel the space to fit my current needs. They were always doing "little" things unasked to enhance the...
PIVERAL CONSTRUCTION CO
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Reviewed in January 2014
Called just to get estimate. Took a week and half to call me back. Only had small area of basement ceiling that needed put up. Never called back with price, I called him after several days. Price for service high, 1500.00 with using some of our own materials.
Tingler's Home Repair
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Reviewed in May 2012
First meeting was estimate. They were prompt, friendly, and gave us an estimated start and finish date. They began and finished very close to the dates given. Workers were very mannerly, and friendly, and genuinely cared about what we wanted and had respect for our home. They went above and...
Copeland's Home Inspections LLC
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Eagle Eye Home Services

Eagle Eye Home Services

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M&G Interior Remodeling LLC

SettleWork LLC

SettleWork LLC

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BG Demolition And Construction

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Board’s Remodeling & Painting

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ACO Do-It

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First Class Roofing& Remodeling

Show Me Painting

Show Me Painting

Royal Roofing & Solar

Royal Roofing & Solar

Mint Service Contracting

Mint Service Contracting

The Sheldon, MO homeowners’ guide to basement remodels

How Much Does a Walkout Basement Cost? [2025 Data]

How Much Does It Cost to Finish a Basement? [2025 Data]

How Much Does It Cost to Frame a Basement? [2025 Data]

What You Need to Know Before Refinishing a Basement

25 Basement Remodel Ideas to Maximize Your Space

How Long Does It Take to Finish a Basement? Timeline and Factors to Consider

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