| Square feet | Typical range | Average cost |
|---|---|---|
| 1,000 | $15,000 – $60,000 | $20,000 |
| 1,200 | $18,000 – $72,000 | $24,000 |
| 1,500 | $20,000 – $85,000 | $30,000 |
| 1,800 | $25,000 – $100,000 | $45,000 |
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 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.
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.
Do you need to paint the outside of a house?
Before doing so, one should consider whether it is necessary to paint at all, and whether a simple power wash will achieve the same effect.
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.
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 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.
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.
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.
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 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+.
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 temperature should concrete be?
It is also recommended that any concrete work is done in ambient temperatures above 45F (5C) degrees.
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 renovate a house?
Renovating a house costs $10 to $60 per square foot on average, but you might spend up to $150 per square foot. It really depends on the room and where you live.
How much does it cost to remodel a living room?
Living rooms, including dens and family rooms, tend to have more space, so might creep closer to $5,000. Living room remodeling costs $1,500-$5,500. Bedrooms remodeling costs $1,500-$3,500. You can think of your home’s rooms in two ways: wet and dry.
How much does it cost to build an addition?
Building a home addition costs $21,000 to $70,000 on average but can cost anywhere from $6,000 to $125,000, with homeowners spending an average of $46,000. Again, this depends on the extent of the addition and the finish materials you choose.
How much does it cost to remove a load bearing wall?
Removing a non-load-bearing wall usually falls under $1,000 . Rewiring a home costs $4,000-$20,000.
How much does a kitchen remodel cost?
Kitchen remodels cost an average of $150 per square foot. The average cost of kitchen remodels comes in at $25,200, with homeowners spending anywhere from $4,000 for small kitchen remodels to $60,000 or more for high end projects.
How much does labor cost per hour?
Labor rates for various trades range from $20 to $150 per hour or more. If you’re acting as your own general contractor, overseeing and coordinating the project, you’ll need to know these subcontractor rates:
How much does it cost to hire a plumber?
The average cost of hiring a plumber is $300. Plumbers may charge by the job or by the hour. Average hourly costs range from $70 to $120, although calling a plumber for an emergency or after-hours project typically costs more.
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).
How much does it cost to remodel a kitchen?
According to HomeAdvisor, the average kitchen remodel clocks in at over $25,000. 1 Cabinetry, hardware, countertops, and flooring are often the most expensive items in this room, with higher-end items such as EnergyStar appliances ...
How much does it cost to replace a roof?
Replacing a roof generally runs anywhere from a few thousand dollars to upwards of $40,000, depending on the materials you use. A basic asphalt roof typically clocks in under $10,000, ...
How much does a bathroom remodel cost?
Bathroom. A bathroom remodel can run anywhere from $4,100 to $55,000, depending on the scope of the project. 3 The costs of a bathroom renovation are highly dependent on the materials, fixtures, and hardware you choose, with items like quartz countertops, jetted tubs, and custom wood cabinets coming at a premium.
Does remodeling improve your home value?
Some remodeling projects improve your home value (as well as your revenues once you sell the property) more than others. Make sure you’re choosing your remodeling projects wisely to ensure you get the most from your investment.
How much does a plumber cost?
These fees vary greatly; plumbers typically ask for $70 to $120 an hour, while structural engineers can cost $300 or more, according to HomeAdvisor. 9 . Some of the costs you’ll want to take ...
