There are a number of highly effective, budget-friendly renovations you can perform on your home. Here are some ideas to consider:
- Pressure wash your home’s exterior
- Paint your front door
- Replace your light fixtures
- Get new door knobs
- Remove your popcorn ceiling
- Add new wallpaper
- Paint your kitchen cabinets
And the list goes on. Chat with a few professionals to figure out how much your desired home renovations will cost you. If the prices exceed your budget, ask if the pros can suggest alternative upgrades that are more affordable.
Some homeowners pay as much as $25,000 to remodel a home. But you can pay more or less depending on:
- The age of the home. Older homes tend to involve more work to update.
- The size of the home. Larger homes tend to cost more to renovate than smaller ones.
- The condition of the home. Homes requiring structural changes or architectural plans will also cost more to renovate.
Additional cost factors include building permits, as well as the costs of the required materials, paints, and flooring materials and labor. To get a better understanding of how much your home renovation will cost, discuss your project with several remodeling contractors and ask for price estimates.
Also read, “How much does a remodel cost?”
The first step is making a detailed plan for your home improvement project, which includes researching designs and appliances, and creating blueprints. Next, work out an exact budget for your home renovation, allowing extra money for unexpected expenses or emergencies.
Search for home renovation and remodeling contractors and make your decision after interviewing three to five promising candidates. Finally, make a timeline for the project, then begin packing up and preparing for the renovation to start.
It depends on the home’s condition and what you plan to do with it. For example, if you plan to live in the home for a long time, performing renovations could make the home more livable and enjoyable. If your intention is to resell it, it might be worth the time, money and effort. Old homes typically cost less than new ones, giving you a built-in budget to perform the renovations. The home’s unique character might even provide a significant boost in value once the renovations have brought the rest of it up to date.
However, you need to conduct research to fully answer this question. Figure out how much it will cost to remodel the old home and decide if the return on investment is enough for you.
The most worthwhile renovations are the ones that will make your home more appealing to potential homebuyers in your market. But you should also consider renovations that will increase your own satisfaction and make your home more enjoyable for your household.
Explore remodeling ideas for your kitchen, bathroom, bedroom, attic, garage — any part of your home. If you get inspired, start researching prices and come up with a budget. Then, contact a few remodeling contractors to discuss your vision and get accurate cost estimates.
Hiring a general contractor is a good idea for many remodeling projects. Home renovation contractors have a broad range of skills to manage, coordinate and complete a project. They should help make sure your project comes in on time and within your budget as they hire and supervise all the necessary subcontractors, including electricians and plumbers. They also handle procuring all the materials required for your job. Some homeowners look to save money by acting as their own contractor, but an experienced home renovation contractor is worth the cost. They should know local building codes, be able to pull all necessary permits, and work with inspectors to make sure the construction meets local codes. Also, because they get professional discounts, they can typically buy materials at a better price than you can; better prices on materials and labor save you money, and make up for at least a percentage of the cost of the contractor.
What’s the best way to set up a consultation or an appointment with a general contractor during the COVID-19 pandemic?
To set up a consultation or appointment with a general contractor during the COVID-19 pandemic, start by performing an online search for local professionals near you.
Message the contractor, and see if they are willing to set up a video consultation call instead of an in-person site visit. With video chat, the contractor may be able to assess the scale of the project, give you better information on what needs to be done and perhaps provide an estimate. Be sure to discuss virtual payments, as well as general strategies for staying safe.
Currently, many general contractors are using common digital payment services like PayPal, Venmo, Square Cash, Zelle, Google Pay and more. And more will likely adopt these and similar platforms as coronavirus continues to force companies to take on digital capabilities.
Contact general contractors beforehand to discuss whether they accept digital payments, and take all necessary measures to meet social distancing recommendations. You can also compare general contractors side-by-side online to see which ones accept digital payments.
If you decide to hire a general contractor, avoid any physical contact, don’t shake hands, keep 6 feet of distance between you and the pro and sanitize all involved surfaces. Also, use digital platforms to communicate and make payments.
The cost to remodel a home is highly variable — size and scope of the project, quality of materials, and the number of subcontractors required to complete the job all affect the total cost. The average national cost of a home renovation project is $13,500. The national average per-square-foot cost of a remodel ranges from $25 to $100. Nationally, kitchen and bathroom remodels are the most popular types of projects, in part because they typically have the highest return on investment when the home is sold. The national average cost of a major kitchen remodel ranges from $25,000 to $62,000, while the average bathroom remodel tends to cost $6,000 to $18,000. In addition to materials and labor costs, many remodeling project costs include permit fees, which, average $900 or more, depending on your location.