How much to be thinking about for a Renovation Budget.
A Guide and Budget Overview
Remodeling your home can be a rewarding experience, but it’s also a big decision.
There are many factors to consider, including materials, budget, and the unique aspects of your home. Here at Almar Building, we’re committed to making the process as smooth and stress-free as possible. Getting started most homeowners wonder how much to be thinking about for a renovation budget, so let’s look at some quick guidelines.
We Understand Every Project is Different
Unlike new construction, remodeling involves existing structures, homeowner preferences, and constantly evolving material costs. This means pricing can vary significantly from project to project. To help you get a starting point for budgeting, we’ve provided some sample ranges for common remodeling projects.
Budget Breakdown by Project:
The following chart provide a general guideline for basic and higher-end project costs. Please keep in mind these are estimates based on past projects, and your specific costs may differ.
| Project | Basic Range | Mid-Range Range | Higher-End Range |
| Kitchen Renovation | $30,000 – $40,000 | $70,000 – $80,000 | $100,000+ |
| Bathroom Renovation | $18,000 – $22,000 | $22,000 – $28,000 | $30,000+ |
| Deck Renovation | $13,000 – $18,000 | $20,000 – $25,000 | $35,000+ |
| Basement Renovation | $20,000 – $30,000 | $40,000 | $75,000+ |
Understanding Levels of Finish:
The budget ranges above correlate with different levels of finishes. Here’s a breakdown of what you might expect in each category:
- Basic: Stock materials, minimal framing changes, appliances and fixtures remain in similar locations. Flooring might be laminate or vinyl, and decking could be pressure-treated lumber.
- Mid-Range: May include some minor framing adjustments, upgraded fixtures and finishes, and possibly slightly relocated fixtures and appliances. Flooring might be hardwood or tile, countertops could be granite or quartz, and decking might be composite.
- Higher End: This level typically involves framing changes, relocation of fixtures and appliances, and more custom options for finishes and materials. Flooring could be hardwood or high-end tile, and decking could be PVC composite.
Large Renovations and Additions:
For larger projects, like additions, it’s difficult to provide accurate budget ranges without further details. However, we offer a Design/Build Process that streamlines these projects. This one-stop-shop approach takes you from conceptual design all the way through construction completion – simplifying the process and ensuring your vision becomes reality.
Learn More about Design/Build:
To find out more about our Design/Build Process, please visit our website: https://www.almarbuilding.com/design-build/
We’re Here to Help!
We appreciate you considering Almar Building for your remodeling project. Our team is dedicated to providing top-quality materials, expert craftsmanship, and transparent communication throughout your project. Contact us today to discuss your vision and get started on creating your dream home!
In addition to reviewing the above when considering how much to be thinking about for a renovation budget checkout the latest Remodeling Magazines Cost versus Value Report, which has great information for costs in our area, below are some basic budgets to help you gain a feel for the cost of some of our basic and higher end project costs. Don’t forget that these are budget ranges based on past work, every project and its related costs are unique.
