Can you make your basement deeper?

• <div><p>If you don’t have a crawl space but have a partial basement you want to make deeper, you can expect to spend a little less—between <b>$40,000 and $90,000</b> on average. However, if you’re not adding new finished square footage, you won’t see much in the way of ROI.</p></div>

Is it more affordable to gut a house than build a new home?

• <div><p>Whether it’s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it’s usually less expensive to renovate a home than to build new construction. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

What is the hardest part of finishing a basement?

• <div><p>The most challenging part of finishing a basement is addressing moisture control. Basement waterproofing is an essential task that requires a professional’s skills and knowledge. If you don’t properly waterproof your finished basement, it’ll be vulnerable to dampness, water damage, and mold growth. Ensuring proper insulation and ventilation to combat these issues while meeting building codes adds complexity to your remodeling project.</p></div>

Get matched with top basement remodelers in Hancock, NY

Q: Can you make your basement deeper?

• <div><p>If you don&rsquo;t have a crawl space but have a partial basement you want to make deeper, you can expect to spend a little less&mdash;between <b>$40,000 and $90,000</b> on average. However, if you&rsquo;re not adding new finished square footage, you won&rsquo;t see much in the way of ROI.</p></div>

Q: Is it more affordable to gut a house than build a new home?

• <div><p>Whether it&rsquo;s more affordable to gut a house than build a new one depends on the markets where you'd be buying and selling. However, it&rsquo;s usually less expensive to renovate a home than to build new construction. </p><p>Most homeowners pay between <b>$100,000 and $200,000</b> for demolition and remodeling costs, whereas the average <a href="https://www.angi.com/articles/how-much-does-it-cost-build-house.htm">cost to build a new home</a> is between <b>$139,000 and $531,300</b>. </p></div>

Q: Do general contractors require a down payment for projects?

• <div><p>Yes, most general contractors require a down payment for project completion. <a href="https://www.angi.com/articles/what-reasonable-down-payment-contractor.htm">A reasonable down payment for a contractor</a> is <b>10% to 25% </b>of the total project cost, though that will vary based on project size and location. The down payment helps cover the upfront costs of materials and permits and helps ensure payment for the project at hand. </p></div>

Q: Should you refinish your basement?

• <div><p>Finishing a basement can provide a great return on investment, by increasing the market price of your home when you want to sell. Beyond that, there are many reasons to finish your basement. Doing so expands the usable square footage of your home, so you can enjoy it more, even as your family grows. Renovating your basement costs less in terms of time, energy, and money than having to search for and buy a new home.</p></div>

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Verified Reviews for Basement Remodel pros in Hancock, NY

*The Angi rating for Basement Remodel companies in Hancock, NY is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

*The HomeAdvisor rating for Basement Remodel companies in Hancock, NY is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Basement Remodel needs.

Last update on November 19, 2025

Reviewed in November 2025
Quality work! Frank came out for three jobs.. Two electrical jobs and one outdoor project. 1) installed new lights in my basement and moved the switches to a more logical location. 2) removed an old lamp post outside and shut off the electrical lines that ran to it. When my wife and I decide...
Dig Dug Electric LLC
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Reviewed in June 2025
Capital Chimneys and Masonry Repairs contacted me the same day i requested a quote, and were able to visit to provide a quote within day or so. They then visited, and completed the chinking on an outside wall, repaired a wall in the basement, and were able to install a gutter to ensure the water...
Capital Chimneys and Masonry Repairs
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Reviewed in January 2025
This company is by far the best company I ever ever worked with. Their work is exemplary. They are true professionals who take pride in their work they do. They have done various jobs for me and I have never been disappointed but exceptionally pleased at the final outcome Unfortunately this is...
Renewed Spaces
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Reviewed in June 2024
So after paying Dump it LLC $5000 plus a $300 tip to drop a barn that they told me was going to cost 4000 and he will leave me a can for my remodel so this is what I came back to after paying him $5300 in cash horrible businessman decided that it wasnâ t enough money so he decided to dump a...
Dump It, LLC
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Reviewed in August 2022
Was waiting to see if the ground beetles (in the 1,000's) would finally disappear. Dread going down the basement as they come every year. I am praying this is the last time I will see them. Did not reply to you until I thought I could give you the most honest answer. They are very efficient...
Meerkat Pest Control, LLC
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Reviewed in September 2020
Remodel USA made an appt with us and never showed for it or called about not being able to show up.
Remodel USA New Jersey Baths
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Reviewed in July 2015
.Arrived on time. Went immediately to work. Fixed showerhead , Added gas cut offs ,disconnected old stove. Advised the necessity to order specialty parts for basement sink. Advised it would take time to get parts due to upcoming July 4th holiday. Contacted us immediately after parts arrived....
Timothy J Walker Plumbing & Heating
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Reviewed in April 2015
I purchased an Angie's List Deal last year. On the initial visit, it turned out that our HVAC unit was in too small of a space for them to get their equipment in (it's located inside our small storage unit in the basement). They let me know that they could do the work, but that they would need...
Richmond Restoration
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Magnolia Designs

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Alpha-Omega Contracting

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