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Avatar for Great American Log Homes
Great American Log Homes
4.8(
97
)
Basement - Remodel

Serving Danville, VA and surrounding areas

In business since 1988

Free estimates

"During the past two years Great American Log Homes has performed a large variety projects on my 100-year-old home in Old Town Winchester. Ranging from roof repairs on the slate roof, overhauling the 2 zone HVAC system, converting attic space into a large living area, remodeling and new flooring in the kitchen, painting interior rooms, replacing the flooring on the front porch, exterior painting, and various other jobs too numerous to mention. I am very pleased with the performance, including the personalized, customer-centered approach from Marshall. I plan to use him again in the future for a large number of other projects as we modernize our century home. I highly recommend him to anyone needing quality work done on their home."
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+31

Recommended by96%of homeowners
Avatar for Upgrade Remodeling LLC
Upgrade Remodeling LLC
4.5(
50
)
Basement - Remodel

Serving Danville, VA and surrounding areas

In business since 2023

Free estimates

Credit card accepted

"Two of the Upgrade Remodeling pro's showed up and did the whole job in a excellent manner. The installed and cleaned up an in a superior manner. I would highly recommend for bathroom remodel or any other job you might have for them to do."
Response time2 days
Avatar for Ferguson Home Improvements LLC
Ferguson Home Improvements LLC
4.4(
46
)
Basement - Remodel

Serving Danville, VA and surrounding areas

In business since 2009

Free estimates

Credit card accepted

"Ferguson Home Improvements did a fantastic job.  All the work that needed to get done, was finished beyond my expectations.  The workers were very friendly.  The job took a little longer that expected, but Ferguson Home Improvements were not at fault, the weather played a major factor with the deck stain and door installation.  At the time the work was getting done, we received a lot of rain and storms.  All in all, I would highly recommend Ferguson Home Improvements. 
"
Recommended by87%of homeowners
Avatar for Sky Home Improvements
Sky Home Improvements
4.1(
10
)
Basement - Remodel

Serving Danville, VA and surrounding areas

In business since 2010

Free estimates

Emergency services offered

"Overall I am satisfied with the work that was done in my home.
Ben Meffley the Owner of Sky home improvement came to my home and gave me a better estimate than the previous company. I decided to go to a store to pick out the flooring myself and Ben went out of his way to pick it up for me. 
He did a fantastic  job installing the floor, and tried to be considerate in cleaning up any mess left behind.
The floors look wonderful, and I couldn't be happier"
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Flyer
Recommended by100%of homeowners
Avatar for Townside Building and Repair INC
Townside Building and Repair INC
4.2(
13
)
Basement - Remodel

Serving Danville, VA and surrounding areas

In business since 1997

Free estimates

"Steven did an awesome job on our basement. He was very professional, flexible, and most importantly his work was quality for a fair price. I would recommend Townside to a friend without hesitation."
basemet
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exterior deck, fairfax va.
bathroom renovation
basement finish

+9

Recommended by85%of homeowners
Avatar for Cougar Development Corp
Cougar Development Corp
5.0(
6
)
Basement - Remodel

Serving Danville, VA and surrounding areas

In business since 1978

Emergency services offered

Credit card accepted

"I started the remodel myself and made a mess of a few things but Cougar Development Corp was able to repair my mistakes and give us a finished product that we can be happy to have our guests use. The vanity and shelving look amazing and the trim work done throughout is fantastic. At the end of the project I even requested caulking throughout to prepare for the paint due to my lack of equipment and they did it quickly and perfectly.
"
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+9

Recommended by100%of homeowners
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Basement Remodel questions, answered by experts

Home improvements that increase value offer a high return on investment (ROI) and can enhance your quality of life. Upgrades to your home’s curb appeal often add the most value, with garage door replacement having one of the best ROIs at 93%. Other high-value exterior projects include replacing your front door, upgrading siding and roofing, installing a stone veneer, adding new windows, and landscaping. For interior renovations, a fresh coat of paint provides an excellent ROI. Major projects like a kitchen remodel or upgrading appliances and HVAC systems also add significant value, as potential buyers appreciate the peace of mind that new equipment provides.

Unless you have extensive experience in construction work, remodeling a basement is best left to a professional. There are several tasks associated with this project that require exact precision, including:

  • Replacing insulation 

  • Replacing carpet or other flooring 

  • Adding heating and cooling

  • Adjusting or adding walls and doors

  • Altering or adding plumbing elements

If any of these elements is done incorrectly, it could severely impact the quality of your basement remodel and be dangerous. Changing a basement often comes with code safety requirements, like egress windows and proper ventilation. Therefore, leaving it up to a professional is often the best decision.

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.

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. 

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.

The Danville, VA homeowners’ guide to basement remodels

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