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Avatar for Best Decision Remodeling LLC
Best Decision Remodeling LLC
4.7(
6
)

Serving Elgin, OK and surrounding areas

In business since 2021

Free estimates

Emergency services offered

"My experience was good. The company was easy to work with. They were very flexible. The company also helped to try and find me cheap materials. They were good on trying to keep the project very low cost as much possible."
Master Bath
Master Bath
Master Bath
Master Bath
Master Bath

+46

Recommended by100%of homeowners
Avatar for Homemade Design
Homemade Design
3.7(
322
)

Serving Elgin, OK 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 Urner Electric
Urner Electric
4.1(
11
)

Serving Elgin, OK and surrounding areas

In business since 2019

Free estimates

Emergency services offered

"Andrea and Cary were excellent, professional, very kind, did the install quickly and triple checked everything for us before they were satisfied! I can’t say enough about how terrific they were! I want to personally give them a big Thank You! Sandra H"
Additional Photos
Additional Photos
Additional Photos
Additional Photos
Additional Photos

+17

Recommended by87%of homeowners
Avatar for Benchmark Builders
Benchmark Builders
4.5(
2
)

Serving Elgin, OK and surrounding areas

In business since 1991

"This company was very on the ball. They called me the very next day. I didn't get to us them due to already having calls out to other companiies. (after 3weeks of no answers),they called to come do the job that next day too."
Recommended by100%of homeowners
Showing 1-10 of 40
Basement Remodel questions, answered by experts

A finished basement must have a heat and electrical supply with an entrance that meets building code requirements, such as a stairwell to the home's main living space. It often must include finished walls, ceilings, and floors. If the finished basement includes a bedroom, it should have a heat source, an egress window, and a closet.

Remodeling, as opposed to finishing, means altering an already finished basement by adding a bathroom, bedroom, or living area.

You should plan on waiting at least a year and ideally two to three years after construction before finishing your basement. This will give the foundation time to settle in response to the weight of your home and the expansion of the surrounding soil. You can then repair your foundation and seal any cracks as needed before finishing it to reduce your risk of future leaks or other issues.

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, 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.

A finished basement does not always count as square footage, as this varies by state regulations. In areas that allow below-grade spaces to be included in a home's official square footage, the basement must typically meet certain conditions. These conditions often include having a functional egress and being a livable space with flooring, finished walls, and temperature control. To be certain, contact your local assessor to confirm your area's specific policies regarding basement square footage.

The Elgin, OK homeowners’ guide to basement remodels

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

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