Home Improvement

What Are the Costs of a Home Remodel?

Remodeling your home can transform its look, enabling you to create a customized space featuring your design preferences. You may also remodel your house to change the way it functions. Adding closets could create bedrooms. Insulating the attic, adding drywall, and finishing the floors could increase your living space.

Since the nature of home renovations varies, the costs also vary. Let’s explore some of the factors that will affect your renovation budget and what you can expect to pay for popular remodeling projects.

There are ways to save on expensive kitchens upgrades.

According to HomeAdvisor, a kitchen remodel is the most popular renovation project with homeowners. It’s also the most expensive remodeling project, with typical costs exceeding $21,000. Extensive kitchen upgrades can include tearing down walls, installing wiring and electrical outlets, replacing the flooring, installing new kitchen cabinets, and moving the plumbing.

Fortunately, there are ways to maximize your kitchen budget when planning a kitchen renovation. Instead of installing new cabinets, you can opt to refinish your existing kitchen cabinets. Repaint the doors and add new fixtures to update your kitchen’s look without paying someone to remove old cabinets and install new ones. If your cabinets are in disrepair, ask a cabinet installer to use 3D modeling to show you what the cabinets will look like installed. This is a great way to ensure you get suitable cabinets and the proper layout for your updated kitchen.

You can also compare countertop materials. Instead of breaking the bank with granite countertops, you can opt for quartz countertops. Stainless steel and glass backsplashes are popular and pricey. You can trim costs by opting for peel and stick tiles. You can also shop for deals on appliances. Purchasing appliances on sale or buying black or white appliances can save you hundreds when you’re shopping for a refrigerator, stove, and dishwasher.

Flooring costs vary.

Several factors affect flooring costs. First, the number of square feet you need to cover will determine how much flooring you need. It will cost more to install new flooring in larger homes. The type of floor will also have an impact on your flooring costs. Popular options include hardwood floors, tile floors, and carpet. HomeGuide reports typical installation costs range from $6 to $10 per square foot.

When budgeting for your carpet installation cost, you must consider the type of carpet you’re installing. Premier carpeting is Green Label Certified, which means the carpet meets the highest environmental standards set by the Carpet and Rug Institute (CRI). High-quality carpets are stain-resistant, making them easier to clean and maintain. Sunlight won’t damage fade-resistant carpets. Although you’ll pay more initially for stain- and fade-resistant carpeting, you’ll save in the long run because your carpet will last longer.

Remodeling your bathroom will increase your home’s value.

Bathrooms sell homes. Outdated bathrooms with awkward design plans can also deter buyers. Whether you’re thinking about selling soon or have no plans to move, updating your bathroom is a strategic investment that pays off.

Once you start renovating a bathroom, complications can arise. Suppose moisture’s built up behind your walls or under your flooring. Mold remediation costs could affect your budget. The total cost of your renovation will increase if you have to pay for new drywall or replace the subfloor.

Your bathroom’s square footage will also affect the total renovation costs. Larger bathrooms typically cost more to remodel. You’ll also spend more if you’re moving plumbing fixtures to change the layout. The cost of bathroom materials can vary widely. Marble countertops look great, but ceramic countertops are more affordable. Ceramic tiles cost less than porcelain tiles. HomeGuide reports that it typically costs between $2,500 and $15,000 to renovate a bathroom in Pennsylvania.

Remodeling can increase your home’s value and improve how your home functions. Remodeling costs vary based on the size of your home, the nature of the renovation projects, and your chosen materials.

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