how much does it cost to rehab a 1500 sq ft house

How much does it cost to rehab a house?

Nov 09, 2021 · Medium ($46,000 to $75,000): A more involved remodel would include the low-cost upgrades above, plus a total kitchen remodel (depending on appliances) and minor bathroom remodel. High ($76,000 and...

How much does it cost to renovate a 1000 square foot house?

Oct 22, 2021 · For a 1500 square foot house, you should expect to pay around $85,000 for the interior finishes such as the painting, light fixtures, chosen appliances, and flooring. You could save yourself money and possible resale problems by seeking the advice of a local real estate agent in your area.

How much does it cost to remodel a whole house?

Mar 11, 2022 · The average cost to completely renovate a house is $15,000 – $200,0004. Depending on the characteristics of the build, the price can change drastically. The final price tag typically depends on any structural or mechanical repairs, square footage, underlying issues, location and materials used.

How much does it cost to paint a 1500 square foot house?

As a general estimate, you should be able to get this done for under 120k. I recently sold an investment property to an investor in Point Breeze (18ft wide, 1500 sq ft with 4 beds 2 baths) that needed to be reframed and have everything redone. Due to the condition of the house, the contractor bid was for 110k give or take.

Interior Remodeling Costs

There are many renovations you can undertake inside your home. The most popular projects that have the highest ROI and can improve the value of you...

Roof Replacement and Repair Cost

While replacing and old or leaking roof is not a glamorous renovation, it is a top priority to keep your house safe. Moreover, if you are planning...

Siding Installation and Repair Costs

Here we cover installation costs of the most popular siding materials, such as: vinyl, cedar/Wood shingles and clapboard, Fiber Cement and Composit...

Exterior House Renovation Costs

We grouped all exterior remodeling projects together. These include: house painting, new windows, landscaping, paving, external buildings, addition...

Mechanical Systems (HVAC, Plumbing, Electrical, Septic) Installation and Repair Costs

These are not remodeling projects, but rather internal systems that support the lives in our homes / apartments and make them comfortable. Heat, Ho...

How much does it cost to repaint a house?

Estimate painting costs: A typical cost to repaint a house exterior with one coat of paint at 2 painter hours and 1gallon of paint per 100 SF (1 CSF) can cost around $160/CSF, or $1.60/SF. You will then need to add costs for height, as well as painting trim.

How much does it cost to tear off a roof?

Roofing tear off can cost between $50/SQ for asphalt to $100/SQ for tile, and this cost doesn’t cover haul away. A new shingle roof can cost from $230/SQ for a basic 20 year shingle, to almost $400/SQ for fire rated and wind resistant 40 year shingles.

How tall should a kitchen countertop be?

The rule of thumb for estimating countertop needs in a house is: 1 Counter: 8 linear feet per 1,000 square feet of living area 2 Counter width and height: 25″ wide x 36″ high

What is a drainage system?

The drainage system consists of sewer laterals, drainage pipes and vents. It’s common for pipes in older homes to break or become clogged. Older homes have cast iron drain lines, which rust out after about 70 years. In some cases, the pipe diameter will be less than required by current codes. If you see cast iron and perform any plumbing, codes may require you to update the drain as well.

What is BTU in heating?

A common update is to add forced air heating and cooling to an older home. The Btu capacity of a residential heating system depends on climate, window size and orientation, insulation and square footage to be heated.

How much does it cost to install an exterior door?

Exterior doors can cost between $200 for a basic slab door, to $2,000 for a stylish Oak or Mahogany entryway. You can expect to pay about $1,500 to cut a wall opening and install a slab door.

Can you refinish a hardwood floor?

If a wood floor is smooth and free of large cracks, refinishing may put the floor back in like-new condition. Most hardwood floors can be sanded and refinished several times.

How much does it cost to remodel a bathroom?

Bathroom remodel: For a brand new bathroom, you’ll pay $35,000 on average, though costs can be as high as $70,000. Living room remodel: You’ll pay $7,400 on average to remodel and update the living room. Bedroom remodel: R emodeling your home’s primary bedroom will cost you $2,430 on the low end, and $11,400 for premium finishes.

How much does it cost to take down a wall?

On average, it’ll cost between $300 and $500 to take down each wall, but the price will increase if the wall is load-bearing or houses plumbing, hearing, electric, or HVAC work. To save on structural costs, work with your architect on a strategy for moving walls in a cost-efficient manner.

How many square feet did Holmes remodel?

Holmes shared a recent proposal for a complete remodel of a 3,750 square foot home where his firm did most of the labor, but the buyer saved some costs sourcing appliances and hardware:

How much does it cost to replace a roof?

A new roof will cost between $5,357 and $10,886 depending on the size of the roof and your material selection. HVAC installation: Adding central air to your home can increase its value. If it’s a new installation, expect to pay between $1,500 and $12,500. If you’re simply replacing it, you’ll spend $7,000 on average.

Can you live in your home during a renovation?

Certain renovation projects can make it challenging, or downright impossible, to live in your home during the process. Disrupted gas and power lines in the kitchen could lead to several meals out a week. When the bathrooms are out of commission, you may need to pay for a hotel stay.

How much does it cost to renovate a house?

Typically, renovating a home costs $15 – 75 per square foot, but this price can go up to as much as $120-200 per square foot depending on the project and scope of work. Lets take a look how much you might end up spending per square foot for each room in the house:

How much does a concrete foundation cost?

Concrete Foundation (8′ high) $9-$24 per square foot. Foundation costs vary greatly depending on type of soil you have, thickness of concrete walls, depth, etc. Generally, expect to pay about $18 per square foot (but can go as high as $30/s.f.), installed not near the ocean or other bodies of water.

What is the best material for a bathroom?

Higher-end bathrooms specify natural granite or marble stone floors, while budget remodels often make use of low cost, but water resistant materials, such as linoleum tiles.

How much does a kitchen sink cost?

Kitchen sinks range in prices depending on the material and type of sink you choose. The cheapest are ceramic drop-in sinks that you can buy for $250-350. Stainless steel sinks are by far the most popular and cost $150-700+.

What temperature should concrete be?

It is also recommended that any concrete work is done in ambient temperatures above 45F (5C) degrees.

How much does a steam shower cost?

Prefabricated steam shower kits are the most budget friendly options, and can range from $3,000 to 5,000 for labor and materials.

What is ductless heat pump?

4) Ductless heat pump also known as Mini-split system, can be use as an all-in-one AC and heating device. These very efficient HVAC systems do not need ducts to condition your rooms, but only work in one area (zone). Cool / warm air is deceived into your room by an Air Handler (indoor unit). Many ductless systems come in multi-zone configurations, and have many different types of indoor units (wall-mounted, floor-mounted, concealed ceiling cassette, and even a small duct, which can be hidden in the attic, and condition multiple small rooms via short ducts.

How much does it cost to replumb a house?

Plumbing: Again, keeping the plumbing in place will save money on your gut and remodel. To replumb or repipe the entire property will run from $2,500 to $6,000. Kitchen: The kitchen is the heart of the house and it can definitely eat up a budget as the most expensive room to remodel.

How much does it cost to remodel a kitchen?

The average kitchen remodel is $25,000 but can range from $10,000 to $50,000. Bathrooms: Bathrooms are usually the next most expensive rooms to gut and remodel. The average cost is $10,000 but the size of the space, materials and fixtures will all play into the final cost, which can run as high as $30,000.

What is the L word in real estate?

The “L” word has always been the magic one for real estate investors. With record-low supply and rates, and record-high demand, investors in 2021 may consider taking on a renovation project if they find properties in desirable locations.

How much does it cost to replace an electric panel?

The answer will have an impact on your budget. A new electric panel will run around $1,200 to $2,500 while a total rewiring can be $3,500 to $8,000. HVAC: Upgrading or replacing HVAC will cost $4,800 to $9,400 on average, including a new AC unit and gas furnace.

What is gut remodel?

A gut may also involve some exterior work. A remodel, on the other hand, usually means redoing certain elements of a home, but leaving the core structure as is.

How does a hard money loan work?

The loan works like your mortgage where you are given a lump sum and you make regular payments. The amount you may borrow depends on the equity you have in the property. Hard Money Loan: Faster and easier to acquire with low down payments, hard money loans are based on collateral, not credit scores.

Home renovation costs

The exact cost of renovating your living space will depend on its square feet, the region you live in, and just how much of a face-lift your home needs. But to get a rough idea, Than Merrill, founder of FortuneBuilders.com, gave us an estimate of what the average costs associated with different remodels look like:

The largest renovation expenses

Sure, paint can play a big part in a remodel, but gallons of semi-gloss will be a drop in the bucket compared with big-ticket items for certain rooms (we’re looking at you, kitchen and bathroom ).

Return on investment (ROI)

Ah, the magic words that make homeowner’s pain of parting with thousands of dollars more palatable, as those big checks you write for home renovation costs today may pay dividends if you ever sell your home.

How much does it cost to paint a 1500 sq ft house?

Depending on the size of your home, the costs of materials and finishes will vary. For a 1500 square foot house, you should expect to pay around $85,000 for the interior finishes such as the painting, light fixtures, chosen appliances, and flooring.

How many square feet are there in a new home?

According to newhomesource.com, the average new home built in the U.S. is around 2600 square feet, but with a social movement for smaller homes becoming more popular, there has been an increase in houses of more modest size.

Why do people build their own homes?

The main reasons people choose to build their own home is to design their living space to meet their specific needs and tastes. It is important, however, to consider the resale value of your home when planning it and budgeting for its finishes.

What is the most enjoyable part of the building process?

Designing a home is usually the most enjoyable part of the building process for most homeowners. It is crucial, however, that you employ a builder who truly understands what you want from your living environment and what your specific needs are. Articulate clearly your expectations, budget, and timeline when interviewing potential contractors.

How much does it cost to remodel a bathroom?

Remodeling a bathroom, on average, costs $20,000 – $38,000. Renovations in the primary bath are typically only done when budgets are at or exceed $4,500 7.

How much does it cost to gut a house?

Depending on the square footage, the average cost to gut and remodel a house can be anywhere between $100,000 – $200,000⁴. Gut renovation cost per square foot ranges between $60 – $150 and includes new plumbing, appliances, structural improvements, a new roof and an HVAC.

Who is Dan Rafter?

Dan Rafter has been writing about personal finance for more than 15 years. He's written for publications ranging from the Chicago Tribune and Washington Post to Wise Bread, QuickenLoans.com and RocketHQ.com.

How much does a kitchen remodel cost?

Kitchens are traditionally one of the first rooms homeowners remodel and doing so cost $23,000 – $135,000. When buyers look at homes that are for sale, a modern kitchen is what often encourages them to make an offer.

Is it easy to renovate a home?

Home renovation and remodeling aren’t easy. However, a happy home is proven to improve wellbeing. Before you begin your project, consider the value of your time into your budget – the planning and remodeling processes aren't quick. Houzz: Overview of U.S. Renovation in 2019 & 2020.

Felicia NA

Hello! This thread is pretty close to what I would love some insight on. My husband and I are looking to buy a 1,200 SQ Foot home in the Philadelphia area that is dated from 1950's. It's difficult to estimate costs but any insight to bring this up to date would be helpful and if it's worth to put a bid in. I have more photos FYI.

Patria Smith

I am in the process of looking for GC for a complete/gut rehab in the Fairmount/Art Museum Area. Any recommendations for reputable contractors would be greatly appreciated. Working with a budget of $100,000 with wiggle room of 20% for 1100 sqft (3 bedrooms 2 (+ potential 1/2) bath with finished basement and roof top deck).