It’s no secret that many home remodeling projects end up costing a decent amount of money, but how much exactly should you expect to pay? The answer can vary a great deal depending on which areas of your home you’re choosing to remodel, what materials you’ll be using, what projects need to be done, and so on. However, there are a few guidelines you can use to get a rough estimate of how much your project will cost. These tips can help you get started on budgeting for your next big home remodel.
Location, location, location
Not all home remodels include the same projects – some will be tackling just a small section of the home, while others are practically gutting the house and starting from scratch. Figure out exactly what spaces in your home you want to update before you start. Most remodels will include a kitchen or bathroom, and while these can be more expensive, they generally have a higher ROI.
What needs updating?
Even when going room by room, not all remodels will involve the same projects. For example, do you need to upgrade your kitchen with custom kitchen cabinets? Cabinets generally account for 40% to 50% of total kitchen remodel costs. What if you’re taking on the bathroom? Adding custom bathroom countertops will vary in cost based on the square footage of countertop that’s needed. Put together a to-do list for every area in your remodel to help you budget better.
What materials will be used?
Finally, when planning for a remodel, know what types of material you’re hoping to use. The quality and type of material will dramatically change the cost of your remodel, even if you’re going the DIY renovation route. Custom bathroom countertops, for instance, can be made of anything from concrete to quartz to metal and more. Similarly, getting custom bathroom cabinets to match will increase your cost. While you don’t have to have an exact material in mind, having a general idea of how much your preferred materials cost will help you know what to expect.
Remodeling can be difficult to budget for, but each of these aspects of a remodel can help you get a general cost estimate that you can work from moving forward. To learn more about renovation budgeting or to check out bathroom and kitchen counter options, contact Custom Cabinetry and Countertops Granite World today.