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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
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Basement Remodel questions, answered by experts

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.

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.

Renovations that add functionality or more comfortable floor space generally add the most value when remodeling your home. Attic or basement finishing can add floor space without altering the home's structure, saving you renovation money while adding valuable space. Smaller improvements, such as installing smart-home components or replacing entry doors and windows, also experience high ROIs. 

Building a bar in the basement will likely add value to your home, although it’s unlikely that you’ll see a significant return on investment (ROI) unless you plan on using the space for you and your guests. If you think you’ll use the area frequently, though, it’s probably worth the investment, and you should see a bump in value if or when you sell your property.

Any bowing in a basement wall indicates a problem that needs to be addressed by a professional. If your basement wall bows more than 1 inch, it's time for an inspection. Generally, a wall can bow up to 30% of its thickness (around 2.5 inches for an 8-inch-thick wall) before it becomes an urgent situation. Bowing of 2 to 4 inches is more straightforward to fix than bowing of more than 4 inches, which will require significant repairs. If the bowing is more than 6 inches, the wall will likely need to be replaced. The sooner you address the problem, the easier and less expensive the repair will be.

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.