If you’re thinking about a home remodeling project, chances are you’re also thinking about how much it’s going to cost. Any home redesign project is going to carry a price tag, but some cost more than others. We take a look at the typical costs of big home projects and what can drive up that cost the most.
How much homeowners typically spend: $12,594 to $33,118 according to Bankrate.com
Biggest expenses: Cabinets, countertops, and appliances
Is it time to update an old or dated kitchen? A kitchen remodel is often the most sought after and most costly remodeling project homeowners look at when trying to breathe new life into their homes. Since the kitchen is the heart of the home and we spend lots of time there, it makes sense that a lot of the expense of a remodel can go into the kitchen. Choices such as custom countertop materials, custom cabinets in custom colors or sizes, and expensive appliances can start to make your remodel project look more like the price of a new car.
If you want to keep the cost down during a kitchen remodel, ask yourself: do I need new cabinets or can I get by if I paint them or reface them?
How much homeowners typically spend: $2,500 to $23,000 according to Angie’s List
Biggest expense: plumbing, fixtures
Remodeling a bathroom can add huge value to your home, especially if your old bathroom is not as functional if you may have liked or particularly dated. Since bathroom remodels can vary so wildly, it’s important to consider what features you want in your new bathroom. If you’re planning a custom tile mosaic, for example, you may be looking at a higher cost for materials and installation than a standard tile installation. If you need to have the plumbing updated, this will likely also add more to your overall remodeling cost.
How much homeowners typically spend: $1,520 to $4,397 according to HomeAdvisor
Biggest expense: material
Is it time for new flooring? If you can’t handle having carpeting anymore, you may be thinking about installing new carpeting, hardwood floors, or even tile. The biggest cost people face when remodeling their flooring is what kind of material is being used and how hard it is to install. Still, going with a more expensive, super durable material for flooring might be more worth it in the long run than stick-on linoleum pieces.
What home remodeling project are you working on now? Let us know in the comments below!