How much does a home renovation cost?
For homes that are 2,500 sq ft, a total home renovation can cost between $15,000 to $200,000.
The cost can greatly differ depending on the type of renovation. If the renovation only involves updating trimmings, floorings, counters, and paint, the cost can range between $15,000 to $45,000. However, if you are planning on doing a full kitchen or bath renovation, the cost can be around $46,000 yo $70,000. For installations that involve the structural alteration or layout updates, you are looking at around $71,000 and above.
Take note that the type of finishing used on renovation will also significantly affect the cost. For example, if you want to use custom cabinetry or high-end flooring, then you should expect to pay more.
How long does home renovation take?
The duration of home renovation depends on what type of work will be done. Suppose you are only planning on doing a cosmetic renovation, which involves changing the pain, adding a new countertop, or replacing the floorings. In that case, the duration can range between a few days and 3 months.
On the other hand, if you plan to do a full kitchen renovation, add a garage, or something similar, the work might take around 6 weeks and above. However, suppose it involves major structural work such as foundation repair, house, lifting, or adding another story. In that case, the renovation can last upto 1 year.
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FREQUENTLY ASKED QUESTIONS
What is the first thing to do when renovating a house?
The first thing to do when renovating a house is to clear out the area. You should remove your valuables and clean it afterward.
You should do this because one of the first phases of the renovation process is stripping and removal. This means that the workers will remove the items around the area because they can hinder the work process. This is mostly the case if your home renovation involves replacing tiles or removing walls.
How can I renovate my house cheaply?
Without a doubt, home renovation can be quite expensive. But there are several steps that you can take to make it more affordable. The first step is to shop around for contractors and supplies. Don’t just deal with or buy the first thing you see because there might be more affordable options somewhere.
Next is to DIY what you can. For example, if you know how to paint walls, that can significantly decrease the home renovation cost. It’s also the case if you know how to install cabinets and such.
Another way for you to make your home renovation more affordable is to handle debris disposal on your own. Renting dumpsters can cost several hundreds of dollars.
Is renovating an old house worth it?
Renovating an old house is worth it in two cases; first, if it has sentimental value, and second, if you bought it at an extremely low price.
If the house that you are renovating has been in your family for generations, then it can be worth it. The renovation can help retain keep its character and let the future generation enjoy it.
On the other hand, a renovation of the old house is also worth it if you bought the property at a low price. This is because even if you put in money into a renovation, it’s way lesser than what you would actually pay for a brand new house and lot.
How can I renovate my house myself?
Suppose you plan to renovate your house by yourself; the first step that you have to do is to check if it requires a permit from the local government. This is mostly the case if your renovation involves expanding the floor area of your home or heavy equipment that might affect the peace of the neighborhood. Also, you should check the building code in your area to know the standards and limitations of the renovation that you can do.
After that, you have to figure out your budget. You can do this by canvassing the cost for the renovation materials and factoring in the labor expense if you need professional help.
Once the two basic things mentioned above are dealt with, you can start working on the actual renovation.