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Avatar for KDK Construction
KDK Construction
4.6(
4
)

Serving Versailles, OH and surrounding areas

Approved

In business since 2011

Free estimates

Emergency services offered

"KDK Construction is amazing! They work very hard and completely their work in a timely manner. In a time where it's hard to get construction work done on time these guys do it right!"
Response time2 days
5 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Buckeye Waterproofing Inc
Buckeye Waterproofing Inc
4.1(
54
)

Serving Versailles, OH and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Upon discovering water leaking into my basement i contacted buckeye waterproofing. Jerry Schieve, field supervisor came out and gave an estimate and scheduled the work.. Within 2 weeks the crew was at my home working. IT took 3 days to complete and everything went well.
"
Recommended by76%of homeowners
Avatar for Homemade Design
Homemade Design
3.7(
322
)

Serving Versailles, OH 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, in most cases, finishing a basement is worth the cost. The project adds valuable, usable square footage to your home and typically provides a return on investment (ROI) of 70% to 75%. For example, an average basement refinishing project costing $32,000 could add between $22,400 and $24,000 to your property's value. The final value added depends on factors like your location, the quality of materials and workmanship, and the features you include, such as a living space, bedroom, or bathroom. To be officially counted in your home's total square footage, the finished space must comply with all local building codes, including requirements for points of egress. However, in areas prone to flooding, a finished basement might be seen as a liability by potential buyers and could potentially decrease your home's value.

Yes, most general contractors require an initial down payment, typically between 10% and 25% of the total project cost. This upfront payment helps cover the costs of materials, permits, and subcontractors. The remaining project costs are usually billed after specific project milestones are reached or on set completion dates, as outlined in your contract. Be wary of contractors who require a significant deposit of 50% or more upfront, as this could be a red flag for a scam.

Building up by adding square footage to the top of your home is often less expensive than adding a basement, but it depends on the specifics of your house, your property, and supply costs. Because building a basement requires excavation, it can be a more expensive option than building up.

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

Roughing in and connecting utilities are the hardest parts of finishing a basement, and they’re the parts we typically don’t recommend doing as a DIY project. Unfortunately, your finishing timeline can be extended by weeks while you wait for contractors and inspectors to install electrical wiring, plumbing lines, and heating/cooling equipment and carry out inspections.

The Versailles, OH homeowners’ guide to basement remodels

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