Average Renovation Costs

• National Average: $51,578
• Range: $3,000–$183,000
• Per Square Foot: $15–$60 (up to $150 with premium materials)

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Cost by Home Size

| Square Footage | Cost Range | |--------------------|---------------------| | 1,250 sq. ft. | $18,750–$75,000 | | 2,000 sq. ft. | $30,000–$120,000 | | 3,500 sq. ft. | $52,500–$210,000 |

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Factors Influencing Costs

• Age of Home
• Older homes: $100,000+ (may require updates to plumbing, electrical, HVAC).

• Historical homes: $100–$200 per sq. ft.

• Permits

• Required for structural changes, plumbing, or electrical work: $500–$2,500.

• Geographic Location

• Costs vary by city; metropolitan areas are pricier due to labor.

• Example: San Francisco (~$56,500) vs. San Antonio (~$35,900).

• Alternate Living Expenses

• Temporary housing costs: $2,000–$10,000 (major renovations only).

• Floor Plan Changes

• Minor alterations: $350–$500.
• Major structural changes: $10,000+.

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Cost by Room Type

| Room | Cost Range | |----------------|-----------------------| | Living Room | $5,000–$10,000 | | Bedroom | $1,500–$5,500 | | Kitchen | $14,550–$40,400 | | Bathroom | $6,600–$28,000 | | Basement | $21,700+ | | Garage | $1,500–$50,000 |

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Additional Costs by Scope

| Project Type | Cost Range | |--------------------------|-----------------------------| | Whole House Reno | $10–$60 per sq. ft. | | Gut & Remodel | $60–$150 per sq. ft. | | Home Addition | $4,500–$150,000 |

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Special Considerations

• Appliances: $200–$10,000 each.
• Plumbing Updates: $350–$2,000 (more for full replacements).
• Electrical Rewiring: $1,500–$10,000+.
• Mold/Asbestos Removal: $1,200–$3,100.
• Foundation Repairs: $2,200–$7,700.

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Ways to Save Money

• Choose Budget-Friendly Materials: Opt for mid-range options over premium.
• DIY Small Projects: Paint walls or install shelves to cut labor costs.
• Plan for Long-Term Savings: Invest in durable materials to avoid frequent replacements.
• Maximize Existing Space: Avoid unnecessary additions.
• Get Multiple Quotes: Compare prices from at least three contractors.

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Timeline for Renovation

• Typical Duration: 2–8 months.
• Delays: Shipping issues, contractor availability, or unexpected repairs.

For more detailed cost estimates or advice, feel free to ask!

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