Finishing your basement can be one of the most rewarding home improvement projects to embark on. According to Forbes, the national average cost of basement remodeling is $43,112. This project will give you a return on investment of about 70%, which is quite high. Here are some questions to ask the basement refinishing company before you can work with them.

Are You Licensed and Insured?

Basement refinishing is a job that should be completed by a licensed and registered professional. This is because some of the specific tasks involved, like waterproofing, require the contractor to get permits from the town council. The municipality in which you reside will require the basement refinishing company to have insurance before they can approve a permit. Contractors generally have to take certain tests for them to be licensed. These tests are a guarantee that whoever you want to work with knows how to do the job you need to be done.

How Long Have You Been in Business?

Experience is one of the most important factors in determining whether to work with a basement finishing company or not. The number of years that a basement refinishing company has been in business can give you a rough idea of what kind of service to expect from them. An experienced player has no guesswork. On the other hand, when a company is just starting out, they are likely going to make several mistakes before they refine their craft. This is why you must be a bit skeptical when it comes to hiring someone who has been doing basement waterproofing for a year or two.

Can You Finish My Basement With My Current Budget

It's important to set up a budget before you can have your basement refinished. However, it's one thing to set up a budget and another to find a company that will respect that budget. Whichever contractor you choose to work with should communicate clearly when it comes to what can be realistically accomplished within your budget. You must also keep in mind that when it comes to choosing contractors, the lowest bid is not always the best. You need someone who is both affordable and professional. Some low bids might leave out things like permits, flooring, and other finishes.

These are some questions to ask a basement finishing company before you work with them. It's crucial to ensure that you understand how things are going to be done before the actual work starts. Get in touch with us if you are looking for a basement refinishing company to help you out with your project.