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Avatar for L & M Remodelings LLC
L & M Remodelings LLC
5.0(
5
)
Basement - Remodel

Serving Bolton, NC and surrounding areas

In business since 2000

Free estimates

"Very professional and courteous. They finished the space on time and even made suggestions that made it an even better living space and more appealing. Would definitely hire them again."
Additional Photos
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+21

Recommended by100%of homeowners
Avatar for Those Flipping Woodards LLC
Those Flipping Woodards LLC
4.2(
10
)
Basement - Remodel

Serving Bolton, NC and surrounding areas

In business since 2017

Credit card accepted

"Fantastic! Tim did our kitchen backsplash including between the range and vent hood. Very professional, done in the time frame as planned. Tile looks wonderful. Would definitely hire again for future tile work."
Remodeling - Kitchen & Bathroom Project
Kitchen and Bath Remodeling Project
Kitchen and Bath Remodeling Project
Additional Photos
Additional Photos

+19

Response time1 day
Response rate100%
Recommended by80%of homeowners
Showing 1-10 of 26
Basement Remodel questions, answered by experts

Yes. Renovating your basement has a return on investment (ROI) of 75%, meaning your remodel investment will significantly increase the value of your home. Besides the ROI, your family can enjoy a larger, more usable space while you live there. 

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.

Yes, most general contractors require an initial down payment. A reasonable deposit is typically between 10% and 25% of the total project cost, although this can vary by project size and location. This upfront payment helps the contractor cover initial costs like materials, permits, licensing, and hiring subcontractors. The remaining balance is usually billed according to a schedule outlined in your contract, often tied to project milestones or completion dates. Be cautious of contractors who ask for a large deposit of 50% or more, as this could be a red flag for a scam.

The cost of finishing a basement is about $18,400 on average. As you can see, the framing portion of this project costs less, because you’re essentially just dealing with laying the foundation for a finished basement. The finishing portion of the project involves a lot more intricate work and design, as well as high-end materials.

The best type of basement ventilation system depends on your budget, the moisture in your basement’s air, and the types of windows you have down there. You should consider all of these factors when choosing a ventilation system. However, the most effective method for basement ventilation is an energy recovery ventilator (ERV) or a whole-house ventilation system, which preheats or precools incoming air from the outside while also managing water vapor.

The Bolton, NC homeowners’ guide to basement remodels

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