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

Serving Cotton City, 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
Basement Remodel questions, answered by experts

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.

Envision the type of bar experience you'd like to create for your guests. For example:

  • Does your basement have enough finished space for bar stools or seating?

  • What type of additional lighting would set the tone for the room?

  • Are there basement windows or an HVAC system?

  • Do you need new plumbing in your basement for a proper wet bar?

  • Could you be happy with a built-in wall cabinet bar rather than a full-scale wet bar?

Adding a bathroom to your basement can increase your home value since homes with multiple bathrooms sell for more. The return on investment (ROI) for a basement bathroom is 50% to 75%. The actual return varies with your home and location. Adding a half bath to your home increases the value by 2.9% while finishing a basement increases the home value by 6.6%.

When choosing materials for finishing basement walls, consider factors such as moisture resistance, durability, and fire resistance. Opt for materials specifically designed for basement environments, like moisture-resistant drywall or cement board. Insulation with vapor barriers can help regulate temperature and prevent condensation. Consider using mold-resistant paints or coatings. 

Research and consult with experts to select materials that are suitable for your specific basement conditions and intended use. Prioritize quality and compatibility to achieve long-lasting and aesthetically pleasing results.

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.

The Cotton City, NM homeowners’ guide to basement remodels

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