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Top-Rated Basement remodelers in Memphis - Updated Nov 2026

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

Serving Memphis, TN 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 Elite Home Solutions
Elite Home Solutions
4.3(
7
)
Basement - Remodel

Serving Memphis, TN and surrounding areas

In business since 2014

Free estimates

Emergency services offered

"The workers showed up 15 minutes earlier than expected, they were courteous and worked quickly, they kept area clean and safe, amd kept us informed as the remodel progressed. When issues arose, they would involve us in finding a solution, they finished the remodel on-time and on budget. Very satisfied with the work, and having a FIVE YEAR guarantee on materials and labor is amazing, will recommend to all my neighbors, family and friends. Thanks Elite..."
Recommended by100%of homeowners
Avatar for C.A design services LLC
C.A design services LLC
5.0(
2
)
Basement - Remodel

Serving Memphis, TN and surrounding areas

In business since 2021

Credit card accepted

"We hired Cory to do measurements & create an architectural design plan for our relatively involved home remodel (kitchen, dining room, half bath, and laundry room). Cory was fantastic! He was very flexible and was able to work around our schedules. He was friendly, personable, and very professional. He wasn't bothered at all when my 4-year-old son wanted to talk to him about dinosaurs while taking his measurements. Cory was responsive to feedback & quickly made adjustments to his initial design to meet our needs. I really appreciated his keen eye - with his tips it's far better than we had initially hoped! His fee was very reasonable, better than most other architects we spoke with. I would absolutely hire him again & recommend him to friends!"
Recommended by100%of homeowners
Avatar for OB Home Remodeling LLC
OB Home Remodeling LLC
4.9(
7
)
Basement - Remodel

Serving Memphis, TN and surrounding areas

In business since 2020

Warranties offered

Small jobs welcome

"Oscar is a Master Craftsman and a true professional. He has completed on time many projects in the several homes I own. He's a licensed electrician and licensed contractor. He has done a major renovation down to the studs in one home. He is perfectionistic in his work. He has wired and rewired several of my homes. He actually does/completes what he says he is going to do. First time every thing is correct, passes code, and looks fabulous. He also completes on budget first time. There is not a better electrician or contractor anywhere."
Midtown home addition
Midtown home addition
Midtown home addition
Midtown bathroom
Kitchen floor

+7

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Basement Remodel FAQs, answered by experts

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.

If you have the woodworking experience to build a bar from scratch and you have the time, DIYing the work is a no-brainer and can save a few thousand dollars. However, if you’re looking to include a sink, additional lighting fixtures, or high-end bar tops and cabinets, it’s usually a better idea to call in a pro. It will cost more, but the finished product will likely be worth it.

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, you can add a kitchenette to a basement. However, you’ll have to consider the costs associated with basement kitchenettes. If you’re starting from scratch in an unfinished basement, you’ll need to account for brand-new plumbing, electrical, flooring, and more in addition to the cost of the kitchenette. If you’re putting a kitchenette in an already finished basement equipped with plumbing and electrical, you’ll save considerable money.

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.

The Memphis, TN homeowners’ guide to basement remodels

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