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

Serving Peru, 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
Avatar for S & N Contracting
S & N Contracting
4.6(
6
)
Basement - Remodel

Serving Peru, NY and surrounding areas

In business since 2015

Free estimates

Emergency services offered

"Hire this company to fix my metal roof and metal chimney that was damaged when a tree fell on my house. Seth and crew came out for review of job and gave a good description of what needed to be done. When they came to do the actual work the ran into several problems. Seth took me through the issues they ran into and they work their best to finish the work without trying to just make the job easy for them. Seth had my money in mind when trying to fix the issue. Very pleased with results and would hire them again."
Framing the Foundation
Finished Foundation
Framing
Lakefront View
Framing

+13

Response time1 day
Response rate91%
Recommended by100%of homeowners
Avatar for JB Home Services and Renovations LLC
JB Home Services and Renovations LLC
3.7(
3
)
Basement - Remodel

Serving Peru, NY and surrounding areas

In business since 2022

Free estimates

Emergency services offered

"Jessica and Brad have been absolutely on top of the job which has turned out to be way more complicated than first thought. They have kept on top of everything efficiently and with a great attitude. They have gone out of their way to get things sorted out for us and their charges have been extremely reasonable. Would definitely recommend them and we would definitely call them for any other jobs we might need done."
Bathroom Remodel
Bathroom Remodel
Bathroom Remodel
Bathroom Remodel
Bathroom Remodel

+32

Response time2 hrs
Response rate100%
1 neighbors recently requested a quote
Showing 1-10 of 42
Basement Remodel questions, answered by experts

There are several small, inexpensive upgrades you can make to upgrade your basement. Although you still need to adhere to building codes and obtain permits when necessary, you can complete small but mighty tasks like painting the masonry walls and installing entertainment devices to make the space more usable. 

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. 

Most homeowners pay between $100,000 and $200,000 for demolition and remodeling costs, whereas the average cost to build a new home is between $139,000 and $531,300.

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

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.

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 Peru, NY homeowners’ guide to basement remodels

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