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Avatar for MODERN BUILDING & CONTRACTING
MODERN BUILDING & CONTRACTING
4.0(
4
)
Basement - Remodel

Serving Groton, NY and surrounding areas

Approved

In business since 2025

Free estimates

Credit card accepted

"Mike and his team did an amazing job tearing down a couple barns on my property. They handled everything. Cleaned up great. My husband and I are beyond satisfied. 10 out of 10 highly recommend!"
6 neighbors recently requested a quote
Avatar for PARLOR CITY DRYWALL & PAINTING, Inc.
PARLOR CITY DRYWALL & PAINTING, Inc.
3.8(
13
)
Basement - Remodel

Serving Groton, NY and surrounding areas

In business since 1984

Free estimates

"We hired Marc and Parlor City Construction to enlarge our living room, by installing a LVL beam in the ceiling, replacing/rerouting electric outlet, reworking our floor to match and drywall and plaster our entire living room ceiling. The job was completed very professionally, on time service and at a reasonable cost. Each and every employee of Parlor City Construction was professional, congenial and trustworthy. We will in the future be hiring Parlor City Construction for further remodeling of our home."
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+14

Recommended by75%of homeowners
Avatar for Homemade Design
Homemade Design
3.7(
322
)
Basement - Remodel

Serving Groton, NY 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

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.

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?

Yes, you can add a door to your basement—it might even be required, depending on building codes in your area and whether or not you’re using the basement as a bedroom. A basement contractor can give you some advice on installation and help you add a door to your basement.

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

Physically, the most challenging part of finishing a basement is installing egress windows or doors when the space is below ground level. Mentally, the hardest part may be envisioning the project and planning around load-bearing and mechanical obstacles.

The Groton, NY homeowners’ guide to basement remodels

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