Many homeowners wonder, "How much do house renovations cost?" While the answer can be different for every project, there are some common factors you can use to estimate the cost of your own home renovation.
Whether you're intending to save money on anything from a whole house renovation to a simple bathroom renovation, it pays to know how much you'll pay.
Average house renovation costs range anywhere from $15,000 – $200,000. The list of variables involved in determining the cost for a full home renovation is exhaustive, as many expenses depend on entirely unique situations.
Generally, the final cost will depend on the types of structural changes required, the price of materials and labor per square foot, location and any unforeseen problems that might arise during the process.
If you're renovating a home room by room, contractors usually recommend dividing the rooms into two categories: dry and wet.
Dry rooms are those without any plumbing work involved, such as bedrooms, offices and living rooms. Wet rooms involve a water source and include kitchens, bathrooms and even outdoor rooms.
Dry rooms usually require fewer steps to completely renovate, while kitchens and bathrooms need more than just new walls and flooring.
The most common renovation projects include:
Any room remodel typically involves painting walls and floors, installation of insulation, drywall molding and door replacements and crown molding.
Other costs, like furniture moving, contractor fees and temporary lodging also factor into your final budget. Average home renovation costs can also vary drastically from one location to the next, and depend on the type of property you own.
To get the clearest sense of how much your project will cost, consult multiple contractors for estimates. By shopping around for the best deal - and best financing options - you can make the best possible decision for your financial future.
Teresa's beginnings were at Fort Belvoir, Virginia. She was child #5 of 8 and born into an Air Force family that moved all over the United States but usually ended up back in the Washington, D.C. area. Teresa attended Miami University in Oxford, Ohio and received her bachelor's degree in business from George Mason University, in Fairfax, Virginia. Some of her prior careers include: computer buyer in Fairfax, Virginia; Deputy Clerk at the U.S. District Court in Denver, Colorado; Police Officer in Steamboat Springs, Colorado; and Bed & Breakfast owner in Stowe, Vermont. Teresa obtained her license as a Realtor® in 1998. She has been through many ups and downs in this profession and continues to learn every day. She very much enjoys the real estate profession and the wonderful people she has met and assisted along the way. In order to serve her clients and customers, Teresa continually attends classes and seminars. Some of her Designations and Certifications include:
Teresa has also served and continues to serve on several boards:
In 2007, Teresa was named Vermont Realtor of the Year.Teresa and her husband, a local attorney, moved to Stowe in 1987. They had two sons and Stowe has been their home for the past 36 years. She still feels the Stowe area is a wonderful place to raise a family, there's always something going on. Teresa can often be found behind the lens of her camera documenting the beauty of the area and its many events.As an update, Teresa's older son is now a Doctor/resident at the University of New Mexico's Emergency Management Program. Her younger son graduated from James Mason University and currently resides in Chicago, IL as a supervisor for OKTA.