Home interior remodeling projects are booming all
across America. And at the top of the list of interior renovation
makeovers are bathroom and kitchen remodeling. As well as various
room addition ideas; such as solar home design features, hot tub,
Jacuzzi bath facilities, solarium, or sunroom add ons.
Also on the rise are home addition projects that make use of wasted
space – such as attic and basement remodeling ideas. Exploiting
the wide open floor space for life-enhancing features such as a
game room, gym, or a state-of-the-art home theater.
Such interior alterations not only add usability and enjoyment
to the inside of the home, but increase real estate value of the
property, as well. This is especially true in the southern areas
of the US where certain home renovations typically cost less than
those in western and northwestern areas.
Take a St. Louis bathroom remodeling, for instance. Overall costs
will usually be less than that same type bathroom remodeling in
Minneapolis. Midrange remodels usually run under $10,500, with a
cost recoup of about 102% at resale.
Recoup percentage generally lowers as remodel costs peak. A mid
range bathroom remodel that runs around $13,000, for instance, might
earn about 85% recoup at resale. An upper end bathroom remodeling
that costs nearly $40,000 might realize little more than 77%. Again,
location is a key factor, as is type of remodel, design, and quality
of work and materials used.
When it comes to US national averages, a low-end kitchen remodeling
project can cost anywhere from a bottom line figure of $2,000 to
$10,000 – depending upon size of kitchen and extent of remodeling.
Aspects of which might include:
- Modestly priced carpet or vinyl floor covering
- Minor floor, drywall, or ceiling repair
- Low-end new cabinet doors or hardware (as opposed to all new
cabinetry)
- Minor upgrades, including low-end appliances
- Minor structural changes
- Cosmetic facelifts such as new low-end light and plumbing fixtures,
a new layer of interior paint or other wall covering, new trim,
new window curtains, etc.
A medium-cost kitchen project might run anywhere from $11,000 to
$20,000. This could include medium quality versions of all of the
above in addition to:
- Some custom work, such as custom colored paint and window blinds,
or other window covering; built ins, a custom in-wall pantry,
etc.
- More elaborate structural changes
An upscale kitchen remodel can exceed $30,000 and might include
higher quality versions of all the above, plus:
- Many upgrades, including new ceiling installation
- Many interior decorator features; custom designed to homeowner
specifications
Upper-end interior design renovation projects anywhere in the home
might include:
- The services or an architect to design and build your new dream
home addition
- Expanding room size
- Replacing old vinyl windows with quality wood windows
- Marble, granite, or other stone counter tops
- Ceramic floor tile or a marble floor
- Luxury features such as a custom made free-standing fireplace,
or over-sized Jacuzzi tub
- An exotic hardwood floor verses laminate floor
- Amenities such as designer fixtures, custom designed wallpaper
or leather wall covering, special lighting, custom closet organization
enhancements, and custom built ins
- Interior designer features such as a day spa; or a walk-in,
sit-down closet design complete with dressing area
If home addition or interior renovation project cost is an issue,
there are ways to cut corners. Don’t, however, skimp on design,
fixtures/appliances, or quality of labor – all basic to any
successful interior renovation. One sure to yield a high recoup
percent at resale.
You can still have great home remodeling results with designer
appeal on a budge; results that will increase your home market value
while saving considerable money. For instance:
- Opt for quality stock cabinet styles over custom cabinet options
for your home design renovation project.
- Keep track as to what design trends and features prove the best
investment; those that offer a high recoup if you decide to sell
your home at a later date.
- Select quality laminate counters and laminate hardwood flooring
over solid wood and other more expensive materials. This can save
nearly $150 per countertop foot; over $15 per square foot when
it comes to flooring.
- Installing high-quality vinyl instead of wood windows can save
you nearly $4,000 in total costs. Vinyl windows require less upkeep
than wood, and might be a better investment. They yield a higher
percent of recoup at resale; over 2% more than wood-framed windows
on average.
- Even the most complicated projects that require the expertise
of a professional will have less complex aspects of the job that
can save you money if you complete the work yourself.
Another great way to save money without skimping on quality of
work and design is to obtain competitive bids from various area
contractors. This will help you get the best service, at the best
price. This is true regardless if what you have in mind is an all
over home makeover with custom features, or a less extensive home
design idea for cosmetic purposes only.
Whether you require the services of a Philadelphia interior designer
to create a state-of-the-art home exercise room, a Colorado insulation
contractor for your basement finish project, or a central Maine
basement waterproofing contractor for foundation waterproofing purposes.
HandyAmerican.com can connect you to reliable contractors in your
area; professionals with the right expertise in the area of home
renovation work you require most.
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