As a leading real estate data company, Kukun has detailed data on virtually every home in America. We use this data about your home’s size, bedrooms, bathrooms, location, value, and more, to create a highly accurate cost estimate of the renovations you want to do.
Plus, we show you the ROI on your renovation and options for saving money or making more luxurious selections.
The most useful tool to calculate your home renovation costs for free. Just follow a few steps to get your remodel, addition, or expansion cost in minutes.
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On average, home renovation costs vary between $18,000 to $70,000, with larger projects costing $150,000 or more. However, the actual overall cost of your house renovation project will vary according to a lot of factors.
Whether you are stripping walls, adding square footage or simply upgrading your home, your first step is to estimate the budget of your planned renovation through a reliable whole house renovation cost calculator.
A new, 2,000-square-foot home may be constructed for as little as $185,000 on the low end of the cost spectrum. Most new homes cost between $320,000 and $340,000 on average. The cost to remodel house depends on the condition it is in, the construction material, quality, geographical location, and other factors.
High-end new build houses range in price from $500,000 and above, depending on your budget. Kukun’s remodel cost estimator is a good way to help you prepare a cost spreadsheet for the total expenses.
Your home renovation cost will depend on several factors, including the number of rooms and the total square feet, the project size and complexity, quality and cost of local professional labor, the current condition of your property, material costs, your zip code or geographic location, permits and inspection costs, and the overall scope of your renovation.
For example, a bathroom remodel cost can range from $8,000 to $38,000 for a small bathroom with dimensions around 5 feet x 11 feet. For a large master bathroom with dimensions around 10 feet x 12 feet, your renovation cost can be between $12,000 to $58,000, depending on how much you upgrade, where you live and the cost of materials you choose.
Keep in mind that since older homes typically have outdated plumbing and electrical wiring, it will make the remodel more costly and time-consuming. Also, the cost per square foot increases for bigger houses as average quality is typically very high.
Moreover, you need to factor in the cost of repair work for any unexpected problems such as wood rot, mold and midews, or water damage during the remodeling.
How much you spend on remodeling per square foot depends on the level of remodel you want. Needless to say, a low-end reno will cost you a lot less than a mid-range or a luxury renovation.
In the case of regular rooms, such as a home office, bedroom, or living room -- the house renovation cost per square foot is $20 to $35. A bathroom remodel costs between $80 to $220 per square foot. A kitchen remodel is more expensive at $90 to $250 per square foot.
High-end whole house renovation cost can go as high as $200 to $300 per square foot. The cost of fully gutting and remodeling a house ranges between $100 and $200 per square foot as it involves demolition work, structural and foundation work, as well as construction permits and dump fees. For a 2,000 square feet home, a gut remodel will cost a minimum of $100,000. Our reliable whole house renovation cost calculator will be able to provide you with a good estimate.
Completely remodeling a 3-bedroom house can cost you $25,000 to $150,000 -- depending on what needs to be done. It’s possible to renovate parts of your house for less than $50,000. The total house renovation cost will depend on the room's location, the type of room it is, and the cost of materials and labor. A DIY project instead of hiring professionals can decrease the house renovation cost even more. This is where a home addition cost estimator helps you create a feasible budget according to these factors.
The cost of a whole house renovation, for a 2,000 to 2,500 square feet house, starts at around $50,000 to $100,000, depending on where you live. This amount can give you all the major improvements. If you go a step up at $125,000, you may be able to include a full kitchen and bathroom renovation, higher end flooring, new windows, siding, roof, and a new deck.
A word of advice though, while considering quantity vs quality, always choose quality materials as they will last you longer. The higher costs will be worth it in the long run.
Here’s a look at the average remodeling cost estimates based on house sizes:
|Total Square Footage||Average Home Remodel Cost|
|1,000 sq.ft.||$ 18,000 to 25,000|
|1,500 sq.ft||$ 30,000 to 40,000|
|2,000 sq.ft.||$ 45,000 to 55,000|
|2,500 sq.ft.||$ 50,000 to 70,000|
|3,000 sq.ft||$ 60,000 to 85,000|
|4,000 sq.ft.||$ 80,000 to 100,000|
|5,000 sq.ft.||$ 120,000 to 150,000|
When planning a home addition – whether a sun room, an in-law apartment, or a garage – it’s important to consider how the structure will look on your property. You’ll want it to add to your home value – not stick out like a sore thumb. There in lies the importance of hiring a professional architect or designer.
You’ll also have to match the siding and roofing materials of the home addition, so that they complement your main home.
The expanded foot print of your house will appeal to potential homebuyers.
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 the relocation of plumbing and electrical connections within a room.
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 on in the project.
Renovations and remodeling aren't the only ways to expand your home. Reframing a room, removing walls, and expanding the overall footprint of a space are all examples of this type of job.
Other examples of expansion include combining a defunct formal dining room with a smaller kitchen to create a more expanded cooking, eating, and gathering space that is better suited to the family's lifestyle, or merging a kitchen into a great room for a more open-plan.
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, addition 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.
Organize your renovation with thorough research in terms of all the requirements. Collect as much information from your neighbors and friends as possible.
Set a realistic home remodeling budget. Prepare a spreadsheet to get a fair idea of the renovation costs. Always include leeway for some surprise costs. Experts believe that you should add 20% extra to the existing price range. But if you stay within Kukun’s recommended costs, as computed by the remodeling costs calculator, you should be ok.
Consult your calendar. Set an end date and work your way backward.
Plan your home remodeling during the off-season. Avoiding the spring and summer rushes will be kinder to your wallet.
Work only with expert contractors who you trust. Let the home addition calculator spreadsheet be a guideline for both of you. Remember that a professional finish goes a long way in adding to the beauty and value of your home.
Know which tasks you can safely tackle, and which should be handled by the pros, such as adding or removing a potentially load-bearing wall, or dealing with asbestos or lead paint.
Keep in mind that your contractor should have expertise in all areas of home remodeling: construction, plumbing, electrical and lighting.
Always ask for references. Don’t rely solely on client testimonials, instead, talk to actual customers who can give you their firsthand accounts and answer all your questions.
Always check your local building code for permit requirements as well as building inspections. Generally, structural, electrical, and plumbing changes require permits.
Make your house remodel as simple as possible. Declutter, pack up and move any items away from the renovation zone during the process.
Ensure the safety of your kids, elderly family members and pets.
Plan for power and plumbing outages in advance. Your remodeling might require you to shut the water and/or electricity off.
Choose quality materials for the project even if they come at a higher price. There will be less repair work in the future.
Get a written contract from your contractor with a warranty or guarantee, details of the complete schedule, deadlines for milestones and the payment process.
Maintain a timeline in order to manage a seamless job.
When it comes to remodeling projects, you should aim at getting at least 65% return on your investment (ROI), and work with the remodeling costs calculator (or “the costimator”, as we call it!) to get 100% or more back on your investment. A good way to begin your home remodeling journey is to consult an experienced local realtor, as they have a pulse on your neighborhood, what buyers really want, and they also know good designers. Then come back to Kukun’s remodeling costs calculator, as we take into account that returns on investment vary depending on the local real estate market, and the specific neighborhood.
Most renovations, whether large-scale or small, add value to a property. Even if you do partial updates, such as replacing kitchen cabinets or painting the kitchen walls, instead of undertaking an entire kitchen remodel, it can increase your home’s value significantly.
Bathroom and kitchen remodeling give one of the highest returns on investment -- from 70% to 125% of what you spend. According to the National Builders Association, a half bathroom addition can boost the value of an average house by 10.5% while a full bathroom addition can boost the house value by 20%.
In terms of exterior remodeling, siding replacement and home roof replacement bring in the highest ROI. Replacing old siding can get you up to 85% ROI while a new roof can add as much as 109% ROI.
Replacing windows and doors, yard landscaping, and deck installation are a close second with 70% to 105% ROI.
In terms of interior remodeling, a fresh coat of paint on the walls is one of the most effective ways to boost the value and appeal of your property. That can be done without spending too much.
Other remodeling projects to consider are finishing the basement, attic conversion, and building a garage. Interestingly, updating the internal systems of your house, including plumbing system, heating and cooling, and sewage system can significantly improve your home value.
Whether you’re giving a makeover to an investment property or your own dream home, it’s a smart move to invest in remodels that have the highest ROI. Home improvement projects that greatly increase the curb appeal and functionality of the house, are generally the most value-enhancing.
When deciding whether to build up or out, you need to factor in a few points:
For example, expanding the kitchen or building an in-law suite makes more sense on the ground floor. A basement or attic may be a more convenient place for a guest room, home office, or a man cave. The cost of finishing an attic runs between $12,000 and $20,000.
The new structure should increase the functionality and convenience. Generally, ground floor additions are more appealing to older homebuyers.
Building a ground floor addition may mean that you may have to sacrifice a valuable piece of land. In such a case, it will make more sense to build a second floor addition.
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 remodeling costs 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.
Some of the project costs that can be estimated include:
Average cost range: $18,000 to $58,000
The center of your house is the kitchen. The value of your property may be significantly increased by a well-planned kitchen makeover. Once you've decided to renovate your kitchen, you need to know how much money you'll need to put into the project. The Kukun estimator helps you do all that and more.
The first step is to select among our list what you want to add to your kitchen remodel: Cabinets, countertops, backsplash, appliances, flooring, lighting, and plumbing fixtures. Add your address, footage, and estimated value. After getting your result, you’ll be able to change several factors to get new results on your estimate, like finish level (to get the most value, quality, or luxury of your kitchen) as well as select a kitchen contractor near you for your project. You’ll see in the results section, of the how much to remodel a house calculator, the cost to renovate your kitchen as well as how it will increase your home value (ROI).
Average cost range: $8,000 to $60,000
It's easy to obtain a quote with Kukun's bathroom cost estimator. Our secure address-based remodel estimator is user-friendly. To obtain your customized total remodel cost in a matter of minutes, simply follow the instructions below!
Select if you are planning to remodel, expand or add a new bathroom. After this, you can select what you want to add to your bathroom project: Cabinets, countertops, backsplash, flooring, lighting, and plumbing fixtures. Add your address, footage, and estimated value. After getting your result, you’ll be able to change several factors to get new results on your estimate, like finish level (to get the most value, quality, or luxury of your bathroom) as well as select a bathroom contractor near you for your project. You’ll see in the results section the cost to renovate your bathroom as well as how it will increase your home value (ROI).
Average cost range: $700 to $1,700
A popcorn ceiling, also known as a cottage cheese ceiling or an acoustic ceiling, is so named because it resembles popcorn in appearance and texture. Because the pattern helped conceal flaws like nail holes, screws, and water damage patches, textured ceilings were quite popular in the 20th century. Popcorn ceilings no longer have any appeal, though.
Select if the removal process will happen on the whole house or just in a part of it and if that’s the case, how many rooms will be involved. Add your address, footage, and estimated value. After getting your result, on the how much to remodel a house calculator, you’ll be able to select a ceiling contractor near you for your project. You’ll see in the results section the cost to remove your popcorn ceiling as well as how it will increase your home value (ROI).
Average cost range: $1,000 to $1,500
Our anonymous, free window replacement cost estimator based on address provides you with comprehensive input choices before estimating your costs. Even better: You may experiment with many combinations on our remodel estimator until you find the one that gives you the desired result!
Select how many windows you are planning to replace according to the following types: Fixed picture windows-Large, Opening windows-Medium, Opening windows-Small, and Sliding glass patio doors. After getting your result, you’ll be able to change several factors to get new results on your estimate, like the square footage of each window. You can also select a window contractor near you for your project. You’ll see in the results section of the remodel estimator the cost to replace your windows as well as how it will increase your home value (ROI).
Average cost range: $3,300 to $6,000
During the sweltering summer months, air conditioners are a need rather than simply a luxury. Most cooling systems survive between ten and twenty years. Your air conditioner's efficiency declines as it ages, frequently substantially. It frequently also becomes louder and requires more regular maintenance.
Select if you are planning to install Central air (Only available for homes with forced-air heating) or Wall-mounted units in select rooms. In this case, select further which rooms will be involved and add the average ceiling height of your home. Add your address, footage, and the estimated value of the home. After getting your result through the remodel estimator, you’ll be able to change and add different values to refine your project, among them, if your home has dual panel windows and the age of your home. After this, you’ll be able to select an HVAC contractor near you for your project. You’ll see the cost to install air conditioning for your home as well as how it will increase your home value (ROI).
Average cost range: $240 to $480
Do not become overwhelmed by your recessed lighting installation. Make your light installation run more quickly and smoothly by following these instructions.
Select which rooms will get new lights. After getting your result, you’ll be able to select a lighting contractor near you for your project. You’ll see in the results section the cost to install your recessed lights as well as how it will increase your home value (ROI).
Average cost range: $5,300 to $18,000
In addition to providing a location to keep your automobile, your garage has many other uses. This space is a crucial component of your home and may serve as a storage space, a workshop, a separate entrance, a possible living area, or even a recreation room.
You can select if you are planning to remodel, expand or add a new garage. After this, you can select what you want to add to your garage project: Cabinets, flooring, lighting, and painting. After this, select how many car spaces will your garage have, as well as if you want space for people inside the garage or only car space. Also, add your address, footage, and estimated value. After getting your result, you can select a garage contractor for your project. You’ll see in the results section, of the how much to remodel a house calculator, the cost to renovate your garage as well as how it will increase your home value (ROI).
Average cost range: $6,500 to $19,000+
Planning your gaming room remodeling far in advance is crucial. Select if you are planning to remodel, expand or add a game room. After this, you can select what you want to add to your game room project: flooring, lighting, painting, trimming, and cabinets. Add your address, footage, and estimated value, After getting your result through the estimator, you can select a game room contractor for your project. You’ll see in the results section the cost for your game room, as well as how it will increase your home value (ROI).
Average cost range: $14,600 to $41,600
Do not let the thought of renovating or installing a mother-in-law's room overwhelm you. To help your job move more quickly and smoothly, keep the following points in mind.
Select if you are planning to remodel, expand or add a new in-law suite. After this, you can select what you want to add to your project: Cabinets, flooring, lighting, trimming, and painting. Also, add your address, footage, and estimated value, After getting your result, you can change further information like crown molding and window and door surrounds. You can select a contractor for your project also. You’ll see in the results section, of the how much to remodel a house calculator, the cost of your in-law project, as well as how it will increase your home value (ROI).
Average cost range: $1,030 to $11,000+
You will enjoy the difference a foyer makes in defining your living area, especially in contemporary design homes, and it is a cheap home improvement project.
Select if you are planning to remodel, expand or add a new foyer. After this, you can select what you want to add to your project: Cabinets, flooring, lighting, and trimming. Add your address, footage, and estimated value. After getting your result, you’ll be able to change several factors to get new results on your estimate, like finish level (to get the most value, quality, or luxury). You’ll see in the results section the cost of your new foyer, as well as how it will increase your home value (ROI).
Average cost range: $7,400 to $21,400
Depending on the size of the room and your needs, remodeling the dining room can be a modest or significant undertaking. Functionality and aesthetics should be perfectly balanced in the renovated space.
Select if you are planning to remodel, expand or add a new dining room. After this, you can select what you want to add to your project: Cabinets, flooring, lighting, and trimming. Add your address, footage, and estimated value. After getting your result, you’ll be able to change several factors to get new results on your estimate, like finish level (to get the most value, quality, or luxury). After this, you’ll see in the results section the cost of your new dining room, as well as how it will increase your home value (ROI).
Average cost range: $13,000 to $28,000
A family room serves as a multipurpose space where you may host friends, watch TV, engage in game-playing, or organize any activity.
Select if you are planning to remodel, expand or add a new family room. After this, you can select what you want to add to your project: Cabinets, flooring, lighting, and trimming. Add your address, footage, and estimated value. After this, you’ll see in the results section the cost of your new family room, as well as how it will increase your home value (ROI).
Average cost range: $14,400 to $38,700
The overall square footage of the room, the extent of the remodeling, your zip code, local labor prices, the quality and cost of the materials, and the finishing touches all affect how much your finished home theater will cost.
Select if you are planning to remodel, expand or add a new home theater room. Select the width and length of the room, After this, you can select what you want to add to your project: Cabinets, flooring, lighting, and trimming. Add your address, footage, and estimated value. After this, you’ll see in the results section the cost of your new home theater, as well as how it will increase your home value (ROI).
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! Here are some general steps with their options:
Step 1: Project selection
Choose the project/projects you want to estimate the cost for. The home renovation calculator will estimate the cost of each project and the return on your renovation investment. You can choose up to eight projects per calculation (You’ll be able to add more at the results page). You may even use the tool as a home repair estimator if you’re dealing with an existing feature.
Step 2: Remodel information
We’ll ask you questions about the current state of the area you want to renovate, as well as the options you want to add. The home repair estimator will calculate the expenses you can expect to pay for the project.
Step 3: Additional information
With either your address or your zip code (the address will provide a more accurate result), we can combine the information you have supplied with our data algorithm to cover all the aspects of your remodeling project. We consider different external factors such as neighborhood location and gentrification around your home as important parameters for the home repair estimator.
Step 4: Results section
After doing the calculations, 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 many new cool features of the remodel cost estimator is that after the calculations are done, you can easily adapt your remodel results if 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.
Step 5: The detailed report
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.
You will get an accurate estimate for all your remodeling projects. You can even run scenarios with your selections to arrive at a figure that best meets your budget in the home addition cost calculator.
With this estimate, you can arrive at the cost to remodel house, analyze your finance options and apply for a loan by comparing offers from our trusted lending partners.
We offer you options for professional remodeling contractors near you, ranked by the Kukun reliability score. You can conveniently explore each contractor's profile, check out their online reviews, and view all their previous permits and type of work.
More often than not, a home renovation is cheaper than a home remodel because renovation is related to mostly cosmetic changes.
A typical home renovation involves modernizing the current interior or structural elements of the property without significantly altering its overall design, construction, or operational systems. Restoring an old structure to its original state is the aim of renovation.
Among the tasks of a house renovation we can find: redoing floors, refacing bathroom and kitchen walls, installing fixtures for your bathroom, replacing windows and doors, and refacing cabinets.
On the other hand, a house remodel involves making major projects. Major kitchen and bathroom remodeling projects, building a garage, adding a sunroom, among others.
An old house (more than 70 years old) will typically cost between $90,000 and $260,000 to renovate, or between $100 and $200 per square foot. The cost to remodel house varies according to the property's historical worth and the electrical, plumbing, and HVAC improvements required to comply with code.
It's always a smart idea to consider ROI when you are renovating your home – whether you’re planning to sell your house or not. If you renovate smart, you’ll get the house of your dreams while also adding value to it.
There are projects that add more value to your home than others, and having this information will allow you to make some important decisions. By rule of thumb, the renovation projects that cost less and do the most impact in the looks of your home will report the highest ROI, no matter where you are in the US.
Check the table below so you can have more information about your project's ROI for this current year.
|Project||Estimated ROI (%)|
|Kitchen remodel (minor remodel)||81%|
|Kitchen remodel (mid-range remodel)||59%|
|Kitchen remodel (high-end remodel)||50%|
|Bathroom remodel (minor remodel)||58%|
|Bathroom remodel (mid-range remodel)||70%|
|Bathroom remodel (high-end remodel)||56%|
|Water heater replacement||50%|
As you can see, all of these remodels will bring you more than 50% of ROI, interestingly, painting the exterior of your house won’t bring you enough ROI as painting the interior of your home.
Roof or siding projects will give you a higher ROI if you are looking for exterior projects.
Projects like living room, family room and media rooms will report between 12 and 20% ROI.
Keep in mind that the actual ROI depends on the local real estate market trends to a large extent.
Makes sense to think that the more you spend the more you’ll get in return for your remodel. But this is not always the case. When planning your remodel, considering your current home value is essential to make the calculations right and get the most ROI.
For example, if your home value is $300,000 you won’t get much in return if you make a full luxurious $55,000 bathroom remodel. But, if your home’s worth more than $2,000,000, spending this amount will give you a good ROI. For big expensive homes, adding a room will give you a good ROI and it’s one of your best opportunities for profit.
Another good tip is to not overlook updating your electrical and plumbing systems. Specially for old houses, these projects can report good earnings.
As a rule of thumb, if you are looking to increase your home value, it’s good to search for renovations that will have an ROI of 60% or more. Remember, that a lot of this will depend on where your home is and its value. You can use our whole house renovation cost calculator to get an accurate calculation based on these factors.
The average price per square foot for a room addition is between $120 and $240. Depending on the size and kind of the addition, the materials' quality and finish, the complexity of the architectural design, permits or inspections, and your zip code, the overall cost of a house addition might range from $30,800 to $84,000.
Each of the rooms in your house is associated with an estimated value of the total value of your home. Take a look at the cost estimator spreadsheet to understand this better:
|Project||% of total home value|
|Room remodel (family room, living room, media room)||3%|
According to this table when you are planning a to remodel, for each of these projects, you shouldn’t spend more than these percentages. So for example:
If your home’s worth is $500,000:
A bathroom represents 10% of the total value of your home. So, you shouldn’t spend more than $50,000 on your bathroom remodel.
For your kitchen, you shouldn’t spend more than $75,000, this number represents 15% of your home’s value.
For your half bathroom, you shouldn’t spend more than $25,000 since it represents 5% of your home’s value.
Your deck represents around 3% of your home’s value, so, you shouldn’t spend more than $15,000 installing it.
Replacing your windows represents 3% of your home’s value too, so, remembering that your home’s value is $500,000 you should spend no more than $15,000.
For the rest of your rooms, like the living room, dining room, media room, game room, and such, you shouldn’t spend more than $15,000 if your home’s worth is $500,000 since it represents 3% of your total value.
How much you spend on your home renovation project or the cost to remodel house depends on the condition of the house, 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 judgement. 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 to remodel 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 home equity loan or a home equity line of credit of 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.
It’s quite natural for homeowners, undertaking a whole house renovation, to wonder where to begin their remodeling from. The answer to that depends on the extent of damage, your remodeling budget, the scope of the renovation, your time frame, and whether you're renovating to sell your house or want to live there for years to come. You can use our reliable whole house renovation cost calculator to know how much money you can expect to pay in total.
Here are a few guidelines to help your get started on a remodeling plan:
The first step is to fix all the problem areas of your house after a thorough home inspection. Address serious issues such as a leaky roof, mold and mildew, water damage, broken windows, a non-functional furnace or water heater, or any other structural problem.
Next, improve the look and functionality of your new home. Tackle a bathroom or kitchen renovation at this stage.
If you’re strapped for cash, consider just cosmetic updates such as adding a fresh coat of paint, replacing bathroom or kitchen sinks and hardware, refacing cabinets, adding crown moldings and good lighting.
Consider replacing your existing flooring in the entire home or of rooms that witness a lot of foot traffic.
Make your home Greener and energy efficient -- perhaps by using an energy efficient roof like a metal roof, solar panels, new windows, insulation, and energy efficient kitchen appliances.
Install new siding, add new landscaping, build a deck, or add an outdoor patio.
If you’re looking to add a touch of luxury to your home, you can install radiant heat flooring, a swimming pool or a Jacuzzi tub. Based on all the additions, a whole house renovation cost calculator will calculate the total expenditure.
A whole house renovation can take anywhere from two to eight months. Of course, the exact timeline depends on the scope of work, the availability of supplies, the availability of sub-contractors, and more. Your general contractor will be able to give you a specific timeline.
Looking for a licensed professional? Let Kukun help you hire the best.
We answer every question you may have. This feature equips you with everything you need to know about home renovations
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