Home Garden

Basement Renovation Bid Checklist

A basement renovation project can provide space for a home entertainment area, children's playroom or a bedroom. When deciding on a renovation project, know how you want to use the space. This can help you when researching and comparing the renovation bids. Prepare a list of questions to ask each contractor.
  1. Background

    • A basement renovation bid checklist should include a contractor's background. Service Magic encourages you to verify the completion of any formal training or an apprenticeship program. Learn if your state has a licensing requirement for contractors. If your state requires licensing, ask contractors for their licensing number.

    References

    • Basement contractors should have references for you to check. Ask each basement contractor for work references on recent projects. Performing reference checks allows you to compare what the contractor has said with the past customer's opinion. Call customers and ask questions about the basement work performed. Learn if the customer would hire the basement contractor again.

    Basement Work

    • Renovation bids can cover different parts of your basement project. Some parts of the project include replacing the plumbing, installing new carpets, and removing old materials. Reputable basement contractors will visit the home and check the condition of the basement. Knowing the basement's condition allows you to make any corrections before making an investment.

    Basement Costs

    • Knowing your estimated costs can help you stay within a budget. Each basement renovation bid should have a breakdown of costs, ranging from materials to labor charges. Buyer Zone states beginning costs for a budget basement remodel ranges between $3,000 and $5,000. Expect to pay more when adding a customized bar set or home theatre.

    Subcontractors

    • Depending on the type of basement renovation you request, your basement contractors can receive help from subcontractors. Subcontractors can range from floor specialists to window installers. Your renovation bid contractor can include information about these subcontractors. Learn about their professional backgrounds, which can involve having insurance and state licenses.