Residential Estimate For Renovation

The average cost to remodel a house is $20,800 to $75,200, depending on the extent, home’s size, and quality of materials and appliances. Whole house renovation costs $17 to $68 per square foot on average, while only remodeling a kitchen or bathroom runs $130 to $290 per square foot.

When estimating home renovation costs, the main factors are the square footage, age, location, property’s condition, which rooms are being remodeled, structural changes, and the quality of materials and appliances.

Residential Estimate For Renovation

Frequently Asked Questions ( FAQs)

The three types of cost estimates are design, bid, and control estimates. Design estimates are prepared in the project preliminaries which gives the order of magnitude of the project cost.
 

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There are various types of cost estimates used in project management such as Preliminary Cost Estimate, 2. Plinth Area Cost Estimate, 3. Cube Rate Cost Estimate, 4. Approximate.
 
 

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The most commonly used method in three-point estimation technique uses the Program Evaluation and Review Technique (PERT) model. Three types of estimates are determined before using their average to arrive at the average cost estimate.
 
 

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The bottom-up estimating technique is also called the “definitive technique.” This is the most accurate cost estimation tool, but it consumes time and resources. Here, you will calculate the cost of every single activity with the highest level of detail and roll them up to calculate the total project cost.
 
 

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First, you need to decide what areas to remodel. A priority list could even be created based on what is absolutely needed, what would be good to have and what would be nice to have. This includes what space particularly, or whether it is a certain aspect of the space that needs to be remodeled. Keep in mind that the larger the area to be renovated, the more expensive it would get. Examples of a ‘must do’ task are a foundation check, fixing a leak in the roof, or replacing the windows with double glazed well-insulated ones. Examples of a ‘good to have’ would be new floors or new furniture. And an example of a ‘nice to have’ would be a fireplace. This of course depends on your own needs, priorities, and taste!

Determine Your Needs and Goals

Residential Estimate For Renovation

The first things to consider when creating a cost estimate for your project are your goals and needs. Create a list of the areas that need remodeling and the type of changes you want to make.

Maybe you want to renovate your kitchen cabinets, install new tiles and ceilings, paint walls, or construct an additional room in your home. Or maybe you want to build a guest entertainment area in your home. Whatever it is, ensure you come out clear. Set realistic goals that you can achieve without many struggles.

Additionally, include the brands you plan to use for your project. This can help you determine the cost of buying the materials.

Remember, the costs may vary from one improvement store to another. In this case, consider doing window shopping in different stores as you compare the prices and settle for the cost-effective option.

Determining your needs and goals can make your contractors’ work easier when giving you a quote. You can be sure of an almost accurate quote for the entire project.

Remodel Cost Per Square Foot

TypeCost per square foot
Whole house remodel$17 – $68
Full house gut to studs & remodel$65 – $160
Tear down house and rebuild$114 – $178
Remodel kitchen and bathrooms$120 – $280
Residential Estimate For Renovation

Dry rooms such as living rooms and bedrooms typically fall on the lower-end of the range. Costs increase significantly for urban areas with higher costs of living and historic homes more than 100 years old.

Full house renovation costs by home type

Homeowners typically spend between $30 to $250 per square foot on a full house remodel, depending on the type of property. However, the largest factors are the scope of the renovation, location, and quality of materials used.

RENOVATION COST CALCULATOR BY HOME TYPE
Home typeCost per square foot
Condo$50 – $135
Apartment$35 – $70
Row house$35 – $85
Bungalow$45 – $90
Farmhouse$30 – $130
Townhouse$35 – $180
Victorian$60 – $250
Historical$130 – $440

Cost to remodel a house

The average home remodel costs $33,000 to $125,000 for an entire house, depending on the square footage, quality of materials, and what areas are renovated. Most remodeling projects add resale value and provide a 50% to 85% return on investment.

Plus, about 75 percent of the people who underwent a home renovation had a greater desire to be home and an increased sense of enjoyment.

Cost to remodel interior living room

The average cost to remodel a living room is $4,400 to $10,600, which includes new flooring, painting, crown molding, plantation shutters, and installing a fireplace. A basic living room renovation costs $2,700 to $5,400 for design work, painting, and flooring.

LIVING ROOM REMODEL COST
RemodelAverage cost
Interior painting costs$640 – $2,200
Flooring installation costs$1,700 – $4,900
Fireplace installation costs$1,200 – $5,700
Crown molding costs$430 – $1,400
Plantation shutters cost$170 – $560 per window
Carpet installation costs$280 – $890
Interior designer costs$560 – $1,600
Window replacement costs$450 – $880 per window

Process To Get Residential Renovation Estimate Report

Here I am going to share some steps to get your residential renovation estimate report.

  • You need to send your plan to us.

    You can send us your plan on info@estimatorflorida.com

  • You receive a quote for your project.

    Before starting your project, we send you a quote for your service. That quote will have detailed information about your project. Here you will get information about the size, difficulty, complexity and bid date when determining pricing.

  • Get Estimate Report

    We do residential renovation estimating and prepare a detailed report for your project. At last you finalize the report and finish the project.

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