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Avatar for MODERN BUILDING & CONTRACTING
MODERN BUILDING & CONTRACTING
3.7(
3
)
Basement - Remodel

Serving Spencer, 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!"
10 neighbors recently requested a quote
Ward's Construction, Inc.
5.0(
1
)
Basement - Remodel

Serving Spencer, NY and surrounding areas

Approved

In business since 2000

Free estimates

Credit card accepted

We take great pride in our experience, expertise, quality, and customer service that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety, and quality, regardless of how large or small the job.

Recommended by100%of homeowners
Kiefer-Randall Construction & Remodeling, LLC
4.9(
17
)
Basement - Remodel

Serving Spencer, NY and surrounding areas

In business since 2009

Free estimates

Warranties offered

"We were very pleased with the work done by them. Our bathroom remodel went smoothly and was completed in a timely maner. Everything that was promised was complete, and the staff was very pleasant to work with. We would highly recommend them and willl definitely use them for any upcoming projects."
Kitchen
Kitchen
Kitchen
Kitchen
Kitchen

+6

Recommended by93%of homeowners
Avatar for J&B Home Improvements
J&B Home Improvements
5.0(
9
)
Basement - Remodel

Serving Spencer, NY and surrounding areas

In business since 2023

Free estimates

Small jobs welcome

"I highly recommend this company. They remodeled my kitchen/dining room and it turned out amazing! Beautiful work and in a timely manner. I couldn't be happier with everything and grateful for how professional and courteous they are!"
Before and after pictures
Before and after pictures
Before and after pictures
Before and after pictures
Before and after pictures

+38

Response time30 mins
Response rate100%
Recommended by100%of homeowners
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Basement Remodel questions, answered by experts

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.

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.

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.

Yes, you can install a summer kitchen or kitchenette in your basement. They serve similar purposes as outdoor kitchens, keeping the main floor of the house cool and providing another space to cook and congregate. Basement kitchens are also a worthwhile alternative for homeowners without much space in the backyard. They come with a few logistical questions to sort out, though, like ventilation and waterproofing.

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 $40,000 and $90,000 on average. However, if you’re not adding new finished square footage, you won’t see much in the way of ROI.

The Spencer, NY homeowners’ guide to basement remodels

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