Planning Your Home Renovation
Home renovations can significantly improve your living space and increase property value, but they require careful planning and budgeting. Understanding realistic costs helps you make informed decisions and avoid financial surprises.
This calculator provides estimates based on national averages and typical project costs. Actual costs vary by location, material choices, contractor rates, and project complexity. Always get multiple detailed quotes for accurate pricing.
Average Renovation Costs by Room
Kitchen Remodel
Cost: $75-$400+ per sq ft
Includes cabinets, countertops, appliances, plumbing, electrical, flooring, and labor. High-end kitchens can exceed $100,000.
Bathroom Remodel
Cost: $100-$500+ per sq ft
Includes fixtures, tile, vanity, plumbing, electrical, and labor. Master bathrooms cost more than guest bathrooms.
Flooring
Cost: $3-$25+ per sq ft
Vinyl: $3-$8, laminate: $4-$10, hardwood: $8-$15, tile: $10-$25 per sq ft installed.
Painting
Cost: $2-$10+ per sq ft
Interior painting averages $2-$6, exterior $3-$10 per sq ft. Includes prep work, paint, and labor.
Renovation Budget Tips
Set Realistic Budget
Research costs thoroughly and add 15-20% contingency. Most renovations go over initial estimates.
Prioritize Projects
Focus on high-impact areas first. Kitchen and bathroom renovations typically provide best ROI.
Get Multiple Quotes
Compare at least 3 contractor bids. Lowest price isn't always best - consider experience and reviews.
Know When to DIY
Save on simple tasks like painting or demo. Hire pros for plumbing, electrical, and structural work.
Choose Materials Wisely
Mid-range materials often provide best value. Save on hidden areas, splurge on visible features.
Plan for Living Disruption
Budget for temporary housing or eating out if kitchen/bathroom unavailable. Factor in hidden costs.