House Remodeling At A Glance

The “unseen” costs of a house remodeling project are difficult to assess, but there are some things that are easy to determine. Labor, for example, is an obvious cost, but the costs of different forms of labor may be significantly different. Plumbing and wiring are two areas that tend to be expensive. Additionally, master plumbers and electricians may be more expensive than the average homeowner, due to certification requirements and increased safety measures. Here are some tips to keep costs low when remodeling a house.

The first thing you need to know about the cost of house remodeling is how much you are willing to spend. You can either remodel a room or the entire house, depending on how extensive your plans are. Major changes may involve adding a kitchen island, gutting and replacing everything, adding a deck, or moving walls. Either way, the goal of the project is to add value to the house. The more established the contractor, the higher the cost. Higher-end areas will also have higher labor costs.
Home remodeling also involves repairing a house’s foundation. A well-constructed foundation can increase the value of a home by more than 70 percent, so ensuring your basement is stable is a good idea. Depending on where you live, repairing a foundation can run from $1978 to $6,982 (depending on how extensive the repair is). Wall removal can cost anywhere from $300 to $500 per square foot. If the wall is load-bearing or houses utilities, the price of this procedure increases dramatically. An architect can save you this cost.
Changing the floor plan of a house can cost anywhere from $2,500 to $3,000. Renovating the master suite can cost upwards of $2,000, although you can also add a closet for a few hundred dollars. A living room remodel, on the other hand, can cost anywhere from $1,500 to $5,500. The living room is a relatively inexpensive room to remodel, but the “wet” features can run up the cost of a kitchen and bathroom.
Painting interior doors is one way to lower the cost of a house remodeling project. Replacing the interior doors can save you several hundred dollars and make the whole house much more attractive. Other wall-oriented remodeling projects include new baseboards, crown molding, and wainscoting. They are easy to do yourself and can be paired with a new paint job. If you’re looking for a more expensive house remodeling project, you can also consider hiring a contractor to complete the job.
Aside from updating the kitchen and bathroom, you can also add extra living space by finishing the basement or converting a room to a man cave. It’s not cheap to add additional space, but it can make a difference in the sale price. And if you’re in a cold climate, you may even consider adding an extra floor to your home. This will increase the value of your home. A house with a garage and attic will always sell more quickly, so it’s a good idea to invest in these areas.