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>

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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: What are the benefits of remodeling a basement?

• <div><p>Renovation enhances functionality, increases home value, and can add new space for personal or family needs. It typically modernizes older unfinished basements for new uses.</p></div>

Q: Can you put an in-ground pool in your basement?

• <div><p>In many homes, an unfinished basement is an ideal place for an in-ground pool. The concrete floors, protection against water damage, and access to the ground below your home make this a large contender. Speak with a <a href="https://www.angi.com/companylist/remodeling-basements.htm">local basement remodeling contractor</a> to ensure your space is right for the large construction. </p></div>

Q: How much value does a finished basement add to a house?

• <div><p><a href="https://www.angi.com/articles/how-much-value-does-a-finished-basement-add.htm">Finishing your basement adds value to your home</a>, providing an average return on investment (ROI) of around 75%. That means the typical basement refinishing costs of $32,000 will add an average of $24,000 to the value of your property. The value added to your home will depend on the price you pay to have the work completed, the area you live in, the quality of the work and building materials, and more.</p></div>

Q: How do I budget for a basement remodel?

• <div><p>The average cost of remodeling a basement is <b>$30 to $75 per square foot</b>. If your space is unfinished and looks like it may need more help, use the higher number when calculating your estimated basement remodeling costs. A good rule of thumb is to add an additional 20% to the top of your estimate to cover any &ldquo;what if&rdquo; situations.</p></div>

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Verified Reviews for Basement Remodel pros in Knoxville, PA

*The Angi rating for Basement Remodel companies in Knoxville, PA 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 Knoxville, PA 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 03, 2025

Reviewed in November 2024
Bob remodeled our basement for us and did an excellent job. He completed the job the way he would have if he was doing it for himself. A few different times he wasn't happy with his own work and redid it without even having to be told. It's okay about 6 weeks to complete the basement...
Robert Amon
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Reviewed in August 2024
Excellent work. Brody and his team did a great job. They remodeled our bathroom and we are happy with the results.
Brody's Services
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Reviewed in January 2024
I couldn't recommend Fayette Property Services enough! They helped me remodel my whole bathroom, and I got exactly what I wanted.
Fayette Property Services
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Reviewed in July 2019
The four-man crew did great work installing interior french drains around the entire perimeter, two sump pumps, and a drain on our concrete patio (foremen: George and Bobby, supervisor: Steve). Everything is working and the basement is dry. They were efficient and did everything I expected. ...
Highlander Waterproofing, Inc
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Reviewed in December 2016
A+ all around!!! Do not hesitate to hire these guys! Very professional and very good at what they do! Will hire them again in the spring for more remodeling...
Banko & Son Remodeling LLC
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Reviewed in September 2015
We hired Handyman Matters in 2011 before they were listed with Angie's List. Definitely disapppointed with the workmanship of this company. Handyman Matters might be okay for doing minor handyman work like changing light bulbs; fixing dripping faucets etc but in my opinion they cannot handle a...
Ace Handyman Services South Pittsburgh
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Reviewed in May 2013
Famous Supply Uniontown Showroom sell anything you need for home remodeling or new home construction. It's a very large organization. I got some very high quality windows for a good price. I got some very high quality glass. They have multiple window vendors. The quality was better and the price...
Famous Supply Uniontown Showroom
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Reviewed in February 2013
My family bought a bar with rooms for rent above the bar in July of 2008. At the end of August 2008 my basement had about an inch of water in it so I called One Call Plumbing. They sent someone that night who ran a snake through the drain but got the snake stuck. Because it was getting late...
One Call Plumbing
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Reviewed in December 2012
He left roof uncovered and I got leaking resulting in wet attic insulation. Poor stain job. Basement windows not installed correctly. Caused a huge stress crack in kitchen ceiling. Damaged cypress tree with escessive bee spray. Other misc. Drinking on the job.
Kim Burnsworth
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Reviewed in May 2012
We liked everything they did. We are all very pleased with their work. We have no complaints at all and I would definitely recommend them. If we ever remodel anything else, we would definitely call them. It was a little pricey, but it was worth every penny. This project took about two and a...
Calvin Brooks Construction Co
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Swann Construction

Swann Construction

J Phelps General Contracting

J Phelps General Contracting

Raker Builders Co

Raker Builders Co

M & R Remodeling

M & R Remodeling

Trijor

Trijor

Lowry's Restoration Services

Lowry's Restoration Services

S and B Remodel

S and B Remodel

Do It Awl Woodworking

Do It Awl Woodworking

s&b construction & remodeling partnership

s&b construction & remodeling partnership

Alternative Basement Solutions

Alternative Basement Solutions

The Knoxville, PA homeowners’ guide to basement remodels

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