When you start dreaming about a home remodeling project, it’s easy to get lost thinking about paint colors, a room that flows better, and a kitchen that solves all your problems. Then the concerns about price set in. If you’re wondering, “How much does it cost for a full house renovation?” You should know that the answer isn’t simple. Let's break it down, so that you can get a sense of the amount you may need to budget.
How Much Does It Cost to Renovate a House in Connecticut?
A whole-home remodel in Connecticut can cost $50,000 to $400,000 or more. It all depends on the size and scope. Specifically, your price relates to how much you are planning to change and your budget for materials and finishes. If you’re renovating the home interior but keeping all the walls as they are, you’ll spend less than you would if you need a large home addition. These projects are common parts of a whole house remodel and can help you determine your budget.
Kitchen Remodel: $30,000 to $150,000
Kitchen remodeling costs have a wide range for a very good reason. Your kitchen might be a place where you spend a little time, or the whole family might practically live there. On the lower end of the range, you’re getting very basic surface updates. If you have a good layout that works for you and the cabinetry is still in great shape, it might be a reasonable choice. In other cases, you might need to spend more on a complete overhaul. For older homes with an outdated layout, and for high-end custom kitchens, you’re more likely to spend the most.
Bathroom Remodeling: $20,000 to $75,000
The cost of a bathroom remodel depends on the type of project. When you’re renovating your entire home, you might upgrade more than one bathroom in the process. Minor updates give the whole bathroom a refresh, but they don’t expand the size or add expensive materials. If you’re looking to create a master bathroom worthy of a king or queen, you’ll pay more for the size and finishes.
Basement Remodel: $20,000 to $150,000
Unlike a kitchen or bathroom, which tend to have typical sizes and features from one home to the next, a basement remodel could mean almost anything. The average basement remodel costs $15 to $50 per square foot, depending on what you’re planning to do with it. If you just want a functional space for food storage or a simple home office, you’ll spend less. By comparison, if you’re intending to create an in-law apartment or a second living space with a kitchen, bathrooms, and full bedrooms, you can probably expect to pay $100,000 or more.
Home Exterior Remodeling: $75,000 to $135,000
With all these changes to the interior, you might wonder if your home will look as new as it feels. That’s where upgrades to your home exterior come in. A house with a good foundation and framing can still look outdated and need a refresh, with many options available:
- Roofing Upgrade: $30,000 to $50,000
- Siding Replacement: $10,000 to $30,000
- New Windows: $15,000 to $25,000
- New Exterior Doors: $2,000 to $3,000 per door
- Deck or Patio Addition: $15,000 to $25,000
These projects will give it a fresh new look.
How Much Does An Addition Cost Per Square Foot in CT?
Home additions run about $150 to $300 per square foot. If you’re wondering about the cost of a home addition, you may want to set your budget based on the square footage. For example, if you want to add 200 square feet to create the master suite you’ve always wanted, you can expect $30,000 to $60,000 just to build the additional structure. By comparison, a 1,000 square-foot second story addition can cost $150,000 to $300,000.
What Is My ROI on a Whole House Remodel?
It’s reasonable to think about the return on investment for a big home improvement project. It is difficult to give an exact number since larger projects have more variables that affect value in unique ways. As a general rule, you can expect to recoup about 50 to 75% of your costs in an increased home value for most of these projects.
Although many people focus on the monetary gains from home remodeling, there are reasons to consider benefits that aren’t financial as well. If you love your home and it works well for you, you’ll have lower stress. You’ll sleep better and feel more comfortable spending time at home. Be sure to factor that into your decisions.
What Will My Whole Home Renovation Cost?
If you opted to do all of these projects as part of your whole home remodel, your cost range might run from $150,000 to $400,000 or more. Of course, that range is significant and doesn’t really tell you what you will pay. When you schedule a consultation, we provide a home cost analysis. Our consultation process gives you a detailed report of your project along with expected costs. That way, you can have a clear estimate of your total costs.
How Can I Save Money on My Whole Home Remodel?
Getting a good price for your home renovation isn’t as simple as browsing online, but there are a few ways to help you stick to a budget:
- Research information from expert contractors.
- Set a budget.
- Prioritize needs before wants.
- Hire a reliable home improvement contractor.
Your whole house remodeling project will go so much more smoothly when you hire a Connecticut contractor you can trust. Browse our service area, then contact Fine Home Contracting to get started.