Home Renovation Costs

Why Renovate?

Many homeowners hesitate to start renovation projects due to concerns about costs, mess, and the disruption it might cause. It’s natural to feel overwhelmed by the thought of making so many decisions. Understanding these fears can help turn anxiety into excitement.

 

At Mastered Home Renovations, we address these worries head-on, offering clear guidance and support throughout the process. Our goal is to make your renovation experience as smooth and stress-free as possible, so you can focus on the exciting changes ahead.

Increases Home Value

Renovations can significantly boost your home’s market value, making it more attractive to potential buyers.

Adds Living Space

Expanding or reconfiguring rooms adds valuable space for your growing family or new lifestyle needs.

Improves Functionality

Updating your home can make daily life more convenient, from better storage solutions to modern layouts.

Ready to Start Your Renovation?
Book a free consultation with our experts at Mastered Home Renovations and bring your vision to life!
Renovating With Mastered Homes
Detailed Breakdown of Expenses
Thinking about renovating your home with us? Great choice! Whether you’re looking to refresh a room or undertake a major remodel, we’ll guide you through the costs involved. The most important step here is helping you plan your budget effectively, and transparency is key.
Costs According to Room
Average Cost & Scope Average Price Per Sq. Ft.
Kitchen $10,000 - $50,000
Kitchens often require significant investment due to extensive electrical, plumbing, and appliance needs.
$100 to $250
A focus on high-traffic, high-use area demands quality materials.
Bathrooms $9,000 to $20,000
Includes updates to fixtures, plumbing, and possibly expanding space.
$120 to $275
Specialized plumbing and finishes can drive up costs.
Bedrooms $10,000 to $15,000
Costs can involve new flooring, lighting, and paint.
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Living Rooms $5,000 to $10,000
Focuses mainly on flooring, light fixtures, and perhaps a new fireplace.
$10 to $60
Depends on choices in flooring and finishes.
Dining Rooms $2,000+
Mainly painting and lighting upgrades.
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Office $5,000+
Includes built-ins and possibly new technology integrations.
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Basement $12,300 to $33,300
Costs can be significant because of potential structural changes and moisture-proofing.
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Foyer $1,000 to $10,000
Depends on whether structural changes are made.
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Laundry Room $2,000+
Involves plumbing and electrical work.
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Additional Renovations & Project Add Ons
Average Cost & Scope
Roofing Expect to pay around $20,000. A new roof adds value and protection.
Exterior Siding Typically costs about $14,000. It's key for curb appeal and insulation.
Windows Costs between $8,500 and $20,000. New windows improve energy efficiency and comfort.
Patio & Decks Range from $2,000 to $11,000. Enhances outdoor living spaces.
Central Air Conditioning Usually costs between $3,800 to $7,600. Essential for comfort in warmer climates.
Furnaces Between $2,800 to $7,500. Keeps your home warm and energy-efficient.

Home Renovation Cost Considerations
Design

A well-thought-out design is essential for any renovation. Budget for professional design services to ensure your vision is clearly communicated and expertly executed.

Site Preparation

Preparing your home for renovation can involve demolition, debris removal, and clearing the area. These initial steps are crucial and should be factored into your overall budget.

Overhead Expenses

Overhead costs include project management, permits, and insurance. These expenses are necessary to keep the renovation running smoothly and within the law. Be sure to include them in your planning.

Regulatory

Depending on your project, you may need permits. Include their costs in your budget.

Labor

Quality work comes at a cost. Ensure you budget for skilled labor to get the job done right.

Planning for the Unexpected

Always have a contingency fund for unexpected issues that may arise during renovations.

Managing Changes

Changes mid-project can increase costs. Plan thoroughly to minimize adjustments.

Living Costs

If you need to move out during major renovations, remember to budget for temporary living costs.

Tax Considerations

Renovations can affect your property tax. Understand potential tax implications before starting.

Budgeting Tips For Home Renovations

Start by prioritizing the most important aspects of your project, like structural changes or essential upgrades. Allocate funds for unexpected expenses, as surprises can happen during renovations.

Remember, investing in quality materials and workmanship will pay off in the long run, both in durability and in boosting your home’s value.

Get the Highest Return on Your Renovation
Kitchen Remodels

Modernizing your kitchen can significantly enhance your home's market value. By updating appliances, adding custom cabinetry, and choosing durable countertops like granite or quartz, you create a space that appeals to potential buyers. A well-renovated kitchen not only improves daily functionality but also becomes a key selling point when it’s time to move.

Bathroom Upgrades

Updating bathrooms is another effective way to boost property value. Adding features like walk-in showers, double vanities, and high-end fixtures creates a luxurious feel that attracts buyers. A modern bathroom that combines style with practicality can set your home apart in a competitive market.

Adding Energy-Efficient Features

Incorporating energy-efficient features like improved insulation, energy-efficient windows, and modern HVAC systems saves on utility bills and appeals to eco-conscious buyers. These upgrades not only reduce long-term costs but also increase your home's value by making it more attractive to a broader range of potential buyers.

Ready to Renovate?
Contact us now to learn more about our services and how we can help you achieve the home of your dreams within your budget.
Still Have Questions About the Cost of Your Home Renovation?

Have a Budget: Start with a clear budget. Include potential costs like temporary housing or dining out if your kitchen is unavailable. Add an extra 10% for unexpected expenses.

 

Develop a Detailed Plan: Keep your project within set boundaries. Detailed planning helps avoid costly changes later.

 

Find a Cost-Effective Contractor: Consider hiring during off-peak seasons like winter. Contractors often offer better rates to keep their teams busy.

Costs vary based on the scope of the project, the materials selected, labor costs, and any unexpected challenges that arise.
The price of a home renovation ranges from $10 to $250 per square foot, depending on the type of room, the materials selected, and the extent of the renovations.
Expect to spend anywhere from $15,000 to $150,000, depending on whether you opt for minor updates or a full-scale renovation.