Waterproofing and finishing your basement does wonders for the value of your home. A home with a wet basement is virtually impossible to sell, and leaves the largest single room in your house wet, moldy and useless. That space can be finished into a beautiful living space at half the cost of an addition. However, one basement contractor is not the same as another. Make sure that you protect yourself from scams and potential problems by finding a basement contractor with an excellent reputation and quality products.
Reliable Basement Contractors
The best way to find out about great basement finishing and waterproofing contractors in your area is to ask your family, neighbors and coworkers. You're likely to be surprised by how many have had work done! Gather the names of as many honest basement specialists in the area that you can find.
Once you've developed a list, look into their professional reputation. Most importantly, make sure that they have an established business, as 50% of contractors will fail within the first five years. An established company will be there if you need them. Be sure to also check with the Better Business Bureau to make sure they have a reputation of satisfied customers. A good company will also happily provide you with references from recent jobs- follow up your research by calling them.
If you're having your basement finished or waterproofed, it's important to find a specialist in the area. A carpenter can't renovate or waterproof your basement any more than a basement finishing contactor can build a porch. Many states require a basement specialist to be licensed and registered- check their credentials with your local building department.
Quality Basement Finishing and Waterproofing
It's a good idea to find at least three estimates if you're serious about having the work done. The best basement remodeling and waterproofing experts are confident enough in their products and work to offer free estimates, so you have nothing to lose. Be sure to teach yourself about the basement waterproofing products and have some basement finishing ideas ready when you meet with the specialist.
There are many products available, and each one will have different strengths and weaknesses. If you're finishing your basement, make sure that all the products you install are resistant to mold, moisture and flames. Wood is always a bad idea in a basement, and carpet should never be laid directly on the basement floor. The best basement waterproofing system for your money will be a perimeter drainage system with a cast-iron sump pump. It's not always best to take the least expensive estimate offered- make sure that you're getting the most bang for your buck.
Basement Remodeling and Waterproofing Pitfalls
Most contractors ask for a 30% deposit up front, and almost all offer financing. However, read all financing information carefully, as there are many scams where the contractor will sign you up for "financing" that is really a home equity loan. These loans tend to have very high fees and interest rates. The contractor is often paid by the loan company for their effort and will typically not be interested in doing the best job they can for your basement.
Do not allow the contractor to push you to sign the contract before you're ready or without reading the paperwork. Be very cautious about paying in cash and treat basement contractors who ask you to obtain your own permits with suspicion, as they may not be licensed to do the work. Extremely long warranties on a product are usually too good to be true.
When agreeing to have your basement remodeled or waterproofed, ask for proof that the contractor has worker's compensation insurance for themselves and all other subcontractors. Otherwise, any worker that's injured while on your property can become your financial responsibility, which leads to lawsuits and demands that you cover the expenses and hospital bills for their injury. This can be a very expensive and stressful situation!
The Right Contractor for You
If you prepare yourself properly, a basement finishing and waterproofing can add a great deal of value and usable space to your home. But if you decide to go ahead, make sure that you've covered all bases and done your research. Visit Basement Systems and Total Basement Finishing online to see what we can do for you. We're both well-established companies with fantastic reputations. Take some time, research us, then give us a call for a free, no-obligation estimate!
Essential Criteria for Selecting Basement Waterproofing Systems
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