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Avatar for Homemade Design
Homemade Design
3.7(
322
)
Basement - Remodel

Serving Chama, NM and surrounding areas

In business since 2006

Credit card accepted

"Amanda was really very good!  At first I was very skeptical, thinking why did I pay money to just speak with someone on the phone about my kitchen remodel project... but after just a few minutes of her addressing some of the issues/questions I emailed to her earlier, I knew it was worth it.  It was very clear that she knew her business and she gave me several ideas that I had not even thought about.  I told her that I would definitely recommend her to friends and I will very likely use her again myself for my next home project!

"
Pennsylvania Master Bathroom
Boston Small Condo Kitchen
California Client Saves with HMD Designer Discounts
Recommended by54%of homeowners
Rocky Mountain Energy
New to Angi
Basement - Remodel

Serving Chama, NM and surrounding areas

In business since 2000

Rocky Mountain Energy is a locally owned and operated company that values honesty and integrity in all aspects of our business. Our dedicated team of professionals have over 12 years of hands on experience, to provide innovative ideas and suggestions tailored to your projects. Our services are customized to your individual needs, paying close attention to the details of each project that we are involved with. Please feel free to contact us today! Very Flexible, all work 24/7 to get the job done and around your schedule, just give me a call.

Basement Remodel questions, answered by experts

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.

Since DIYing a basement remodel isn't typically advised, there are some ways that you can still save money on this project without putting yourself in danger. Some ways to save money on a basement remodel include:

  • Painting walls yourself versus including in the cost of the remodel 

  • Installing light fixtures yourself

  • Choosing prefabricated fixtures, like cabinets, over custom ones

  • Choosing a budget-friendly flooring option, like laminate or vinyl flooring, and add rugs where necessary

It’s less expensive to finish your basement than it is to build an addition to your home. The average cost to refinish a basement is $32,000 (between $7 and $23 per square foot) while building an addition to your home costs $50,325 ($80 to $210 per square foot). Depending on the size of your basement and other factors, like moving plumbing and electrical, refinishing a basement is a more cost-effective option in most cases.

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.

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 Chama, NM homeowners’ guide to basement remodels

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