How to Evaluate a Good Estimate For A Remodeling Job
The prices can be very different from one renovation project to another, and each house is unique. It is not possible to define a price list. If you want to restore an old barn in living space, the cost will be much higher than a change of insulation in your attic.
It all depends on your expectations and needs. It is the same if you want to do some or all of the renovation yourself, calling on qualified professionals increases the final cost. We will nevertheless give you different figures on these pages to provide you with a first idea of the price to renovate a home.
General Remodeling Costs Estimated
If you are embarking on a big project, the complete renovation of an old house, it takes about $ 1000 per square meter. Assuming that you will redo everything: plumbing work, repainting walls, electrical installation, tiling…etc. This price per square meter is an estimate, it can be less than or more than double according to the state of your home, materials chosen, intervention or non-professional building.
The total amount for the complete renovation of an old house is one of the most complexes to define. The main reason is that this type of renovation requires multiple different jobs and involve several trades.
How much does small work cost?
Again, setting exact prices is impossible. It’s like asking a craftsman “how much does a roof cost? “. Let’s take some examples of common renovations:
Enlargement on one floor: $ 300 to $ 400 per square foot.
Two-story extension: $ 300 to $ 400 per square foot for the first floor, and $ 175 to $ 200 per square foot for the other floor.
Addition of a floor (at least 800 sq. Ft.): $ 175 to $ 200 per square foot.
Renovation of a basement (at least 600 sq. Ft.): Approximately $ 75 sq. Ft. And over.
Complete renovation of the kitchen: $ 20,000 to $ 25,000 plus the cost of cabinets and accessories, therefore, the average is around $ 30,000 and up.
Complete Bathroom Renovation: Minimum $ 15,000 to $ 20,000 but the average is over $25,000 to $ 30,000.
You must add about $ 70 per square foot for the complete finish of the basement (wall, ceiling, floor, etc.)
If there is a kitchen or bathroom inside the expansion or renovation, a budget must be included for furniture and fixtures.
The minimum for a residential expansion is approximately $ 55,000.
The above budget costs may vary depending on the site conditions and the finishing materials chosen. They are based on a complete realization of the work by a highly qualified company. Taxes are not taken into account in the budgetary costs.
To get a more accurate estimate, don’t hesitate to contact a trusted local, registered and insured contractor.