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Avatar for Mesa Verde Construction LLC
Mesa Verde Construction LLC
5.0(
4
)
Basement - Remodel

Serving Los Luceros, NM and surrounding areas

Approved

In business since 2025

Free estimates

Credit card accepted

"Amazing renovation of a Live/ Work Artist building. Thoughtful design. Creative touches. Excellent communication and professionalism. Great work crew. Very tidy and super respectful. Highly recommend!!"
Kitchen
Kitchen
Kitchen
Livingroom refresh
4 neighbors recently requested a quote
Avatar for Desert Takes LLC
Desert Takes LLC
New to Angi
Basement - Remodel

Serving Los Luceros, NM and surrounding areas

Approved

Free estimates

Emergency services offered

Warranties offered

“I’m Denzel, your trusted contractor in Albuquerque, New Mexico. Specializing in remodels, new construction, and full general contracting—whether it’s updating a high-desert kitchen, framing, additions, or tackling any build from permits to punch list. Reliable, local, no shortcuts—let’s get your project done right.”

Custom residential build
Custom residential build
Custom residential build
Custom residential build
Custom residential build

+16

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

Serving Los Luceros, 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
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Basement Remodel questions, answered by experts

Living in a finished basement is acceptable, but only if the space has the proper points of egress and includes smoke and carbon monoxide (CO) detectors to ensure the safety of the occupants. A good way to ensure your finished basement is suitable for use as living space is to get the basement finishing project properly permitted.

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.

Although homeowners often use the terms basement remodeling and basement finishing interchangeably, they are quite different terms. 

Finishing a basement is the process of taking a basement space that is not habitable and adding elements to make it usable. This includes adding plumbing, flooring, and insulation.

Remodeling a basement means taking an already existing finished basement and changing it, often by adding or removing walls, adding plumbing, or changing the existing flooring.

When considering finishing your basement, take into account a few pros and cons:

Pros

  • Can increase the value of your home

  • Separate space from the rest of the house 

  • Customize and personalize the basement to suit your needs and style

  • Increase the amount of living space in your home

Cons

  • May not regain enough value to cover the cost of finishing

  • Lack of natural light if it’s below ground level

  • Moisture or flooding can cause costly damage

  • Installing plumbing and electrical can be messy and costly

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 Los Luceros, NM homeowners’ guide to basement remodels

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