Home Renovation Cost Estimator

Creating your dream home involves a step-by-step process. When starting a home improvement project, the first thing to do is sit down and plan. To help with this, a home renovation cost calculator can guide you in estimating the expenses.

Here, we will help you discover the potential costs of your kitchen, bathroom, and other remodeling projects. With this information, you can create a budget and kickstart your project without worry.

The key step to your home project is understanding the difference between a remodel and a renovation. Salespeople and contractors frequently use the terms interchangeably. Technically, a renovation is a job that restores a room to its original state; it is a project that cleans up finishes, makes repairs, and occasionally replaces basic items that have stopped working properly.

A remodel is a major undertaking that typically includes the replacement of flooring, walls, and ceilings, as well as relocating plumbing and electrical connections within a room. You could be reframing a room, removing walls, and expanding the overall footprint of space. Furthermore, combining a defunct formal dining room with a smaller kitchen to create a more open floor plan that is better suited to the family's lifestyle.

Rather than assuming that you and the contractor are on the same page, it's a good idea to spell out exactly what you mean by "renovation" or "remodel" and make sure the contractor understands. Getting everything out on the table right away avoids confusion (and possibly unforeseen costs) later in the project.

Generally, a home renovation is much cheaper than a home remodel, because it's mostly cosmetic.

A renovation can include home projects such as refacing cabinets, repainting walls, ceilings, or siding, replacing old floors, re-tiling bathroom floors and walls, and replacing old windows and doors.

The goal of a house remodel is to make major changes such as building a kitchen island, gutting and rebuilding a kitchen or bathroom, building a deck, adding a room, and moving walls to change your house layout. Because of all of the plumbing, electrical, and building work that goes into these changes, the cost is higher.

The expenses for a home remodel typically fall within the range of $15,000 to $300,000, contingent upon the extent of renovations.

Here's a breakdown of what you can expect for a certain investment:

$15,000 to $50,000: This price range could encompass tasks such as painting, new flooring, and countertop installations.

$51,000 to $70,000: This type of budget could include a comprehensive remodel of one or two rooms. It also allows for upscale flooring options such as marble or hardwood flooring.

More than $71,000: Such a budget provides considerable flexibility. You could undertake extensive projects such as kitchen and bathroom remodeling, potentially restructuring layouts by removing walls, painting, new flooring installation, custom cabinet installation, and top-of-the-line home appliances.

It's essential to note that larger remodels may necessitate considerations for electrical, plumbing, and HVAC ducting adjustments to accommodate new layouts, impacting the overall budget.

The anticipated returns on investment (ROI) from a whole home remodel range from 40% to 80%.

• Home lighting and electrical work: from $500 to $2,000+, with an average of $1000
• Plumbing work: $200 to $3,000
• Kitchen layout and design: $1,500 to $2,000
• Kitchen appliances: $100 to $5,000+
• Kitchen countertops: $1,900 to $4,500
• Cabinets: $2,000 to $30,000
• Kitchen flooring: $1,000 to $4,200
• Paint and drywall installation: $900+

Giving your bedroom a makeover could be an extensive project. It could include a myriad of changes - from simple tasks such as installing new light fixtures, adding a ceiling fan, and a new paint job to constructing a new master bedroom suite complete with an ensuite bathroom and spacious closets.

Depending on the scope of renovation, the average cost of a bedroom remodel can be anywhere from $4,000 to $40,000 or more.

This amount includes:

You can expect a return on investment (ROI) of 55% for your bedroom remodel.

Now see how costs vary between Georgia, Oklahoma and California.

Bathroom renovations not only provide a substantial return on investment but also contribute to enhanced comfort for you, your family, and your guests.

Whether you're adding an en suite bathroom or creating a small bathroom, few projects match the value offered by bathroom remodels.

The average bath remodel cost averages around $10,850 or $75 to $275 per square foot, depending on factors such as the bathroom's size and the selection of fixtures and finishes. The labor cost can be anywhere between $50 to $110 per hour.

This amount includes:

A blank canvas brought to a pleasant and beautiful bathroom, a safe bet for a good return on investment.

You can anticipate a potential return on investment of 66% upon the completion of your bathroom remodel.

And now, compare between the three locations that we have shown before:

Basement finishing adds significantly to the usable living space within your home. A renovated basement opens up possibilities for an additional guest bedroom, a new bathroom, a home gym, or a home office.

The average expense for a basement remodel is around $21,400, or $30 to $75 per square foot.

This amount includes:

See how costs vary between states:

The potential ROI is up to 75%.

A living room is often the most utilized room in a home. It doesn't just add to your family's quality time but also enhances your home's aesthetic value. There are various ways to maximize space utilization. For example, an open floor plan can be a practical solution for a large family or an older home whose owner is aiming for an increase in the market appeal.

The average cost of a living room remodel is between $1,500 and $20,000.

This amount includes:

Here you will see the cost differences between the states we have compared before:

The potential ROI of a living room remodel is about 50%.

A new floor doesn't just add an aesthetic appeal to your home but also increases its market value. For example, opting for natural stone or hardwood flooring can breathe new life into any living area. The first step is to select the flooring material you want from those available on the market.

The flooring cost per square foot will depend on the type of flooring you choose:

The labor cost for flooring installation is typically between $100 to $150 per hour.

Check cost variations between states:

And, the potential ROI of a new floor is approximately 55%.

Your home's roofing system is a crucial shield against the elements. Whether repairing or replacing a damaged roof, it ensures your home remains secure. The average roofing cost varies based on factors such as roof size and roofing material.

Here's a cost breakdown for you:

Roof installation offers a high return on investment, ranging from 56% to 61%.

Nothing enhances curb appeal as the exterior of your home. Exterior remodeling also promises a favorable return on your investment. Yard landscaping stands out as a particularly rewarding choice, creating additional usable space that your family can enjoy for years.

Here's a breakdown of the average costs for different exterior remodeling projects, with price ranges influenced by materials and quantities.

The potential ROI for landscaping, new siding, and new windows can be anywhere between 68% and 100%. A new outdoor deck will give you an ROI of 66%, new doors will get you a 65% ROI, and a garage makeover will get you an ROI of 80%.

And finally, take into account the cost differences between the states mentioned above:

Kukun's home renovation cost estimator is a useful confidential address-based remodel estimator tool to help you calculate your remodeling costs and the ROI of home improvement projects instantly. The home remodeling cost calculator is based on your zip code as well as relevant parameters that affect the total house renovation cost. In layman's terms, it's how much to remodel a house calculator!

Simply enter your specifications and the result will give you a realistic estimate of your total home remodel cost in minutes.

Getting an estimate through Kukun's home remodel cost estimator is easy. Just follow the steps below to get your personalized total estimate cost in less than a minute!

The home repair estimator will provide you with a full result section where you'll be able to see all the different aspects of your remodel, as well as the ROI/recoup value of your property along with the renovation cost estimate.

One of the coolest features is that after the cost estimations are done, you can easily personalize your remodel results based on whether you want to add more luxury to your project, or if you want to focus on adding the most value to your property.

And of course, the Find A Contractor feature will connect you to the best contractors in your area that can help you make your dream project a reality, as well as financing options according to your needs.

After you are satisfied with the results of your home remodel estimate, you can download a full report that will dive even further into the details, here you'll see everything from materials and labor costs to a detailed cost description of each of the steps. You can also save your plan in case you want to revisit it later.

How much you spend on your home renovation project or the cost to remodel a house depends on the condition of the house, the additions you want, and what's comparable to your neighborhood values. It's a good idea to invest enough to match your lifestyle requirements. You also need to keep your home's value close to the values of the surrounding homes.

So, when it comes to budgeting for a renovation, don't let your emotions cloud your judgment. Keep in mind that an expensive remodel that costs tens of thousands of dollars might not bring a high ROI. Kukun's home renovation calculator will help you with your budgeting and the cost of remodeling your house.

DO NOT spend more than what the room is worth when compared to the overall house value. For example, a kitchen's value is 15% of the total house value. So, you shouldn't spend more than $50,000 on a complete kitchen remodel if your home value is around $350,000. A master bathroom is worth 10% of the total house value. So, don't spend more than $40,000 on a complete bathroom remodel.

A small bathroom or a powder room is valued at 5% of the total house value. A room addition is valued at the price of the square footage of the total home value, so if you can build for less than the selling price per square foot, you are ahead. A finished attic and finished basement are worth 10% to 15% of the total house value. A new roof is typically worth 4% of the house value and doesn't warrant a house renovation cost of more than $10,000 to 40,000.

Giving your home a makeover can be an expensive affair. Unless you have ready cash, you'll want some financial aid. There are several ways to finance a home improvement project. You can opt for a secured loan such as a home equity loan or a home equity line of credit (HELOC). Or, an unsecured loan such as a personal loan. Other funding options include cash-out refinancing or taking a loan against a retirement plan.

To choose the best loan option, the first step is to use a reliable loan calculator. The calculator will help you compute your loan payments for a loan amount, at a particular loan interest.

The result will tell you how much you can expect to pay every month and for how long. It's a smart way to compare all your financial options and gauge what you can truly afford.