Home Renovation Cost Estimator

Revamping your kitchen is one of the most coveted home improvement projects. Keep in mind that a practical kitchen design is an integral part of a home. The perfect kitchen should exude comfort and warmth while being completely functional. Moreover, a kitchen remodel can elevate your lifestyle and the overall value of your home. Remodeling your kitchen can potentially yield a return of 70% or more.

The average kitchen remodel costs approximately $30,000 or a range of $75 to $250 per square foot.

This amount would include:

Find out your kitchen remodeling cost estimate here: Kitchen Renovation Cost

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

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:

• Paintwork: $200 to $1,200
• Closet installation: $2,500
• Flooring: $3 to $25 per square foot
• Ceiling fan installation: $100 to $2,050
• Drywall installation: $1.50 to $3.5 per square foot
• Trim and molding: $600 to $1,998

Calculate the total cost to renovate a bedroom here: Bedroom Remodel Cost

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

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:

• Bathroom countertops/ bathroom vanity: $400 to $4,300
• Plumbing work: $250 to $1,450
• Shower/Bath: $300 to $10,000
• Toilet: $100 to $1,500
• Bathroom fixtures: $500 to $2,800
• Bathroom flooring: $200 to $1,355
• Tiling: $850 to $2,850
• Electrical and lighting: $200 to $800
• Bathroom storage: $250 to $3,100
• Ventilation: $50 to $450
• Bathroom mirror: $160 to $480
• Paintwork: $50 to $150

Find out the bathroom renovation cost here: Master Bathroom Remodel Cost

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 potential ROI of a finished basement is up to 75%.

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

This amount includes:

• Basement design: $2,000 to $10,000
• Framing: $1,850+
• Drywall installation: $1,760
• Basement waterproofing: $4,500
• Sump pump: $580
• Basement insulation: $700 to $2,150
• Flooring: $1,500 to $4,550
• Ceiling: $1,600
• Bathroom addition: $15,050
• Bedroom addition: $3,000 to $10,000
• Electrical wiring and lighting: $5,500
• Egress window: $2,500 to $5,500
• Fresh coat of paint: $1,850
• Furnishings: $2,085

Get the cost estimate for your basement remodel here: Basement Remodel Cost

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

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

This amount includes:

• Paint work: $200 to $1,200
• Flooring: $3 to $25 per square foot
• Ceiling fan: $100 to $2,000
• Drywall installation: $10 per square foot
• Trim and crown molding: $600 to $1,998

Find out the cost to remodel a living room here: Living Room Remodel Cost

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

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

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:

• Vinyl or linoleum flooring: $3 to $8
• Polished concrete flooring: $2 to $8
• Laminate flooring: $3 to $15
• Carpet flooring: $3.5 to $12
• Ceramic, stone, or porcelain tile: $6 to $20
• Hardwood floor: $6 to $25

Find out the cost to install/replace home flooring here: Flooring installation and Flooring replacement

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

The average roofing cost varies based on factors such as roof size and roofing material.

Here's a cost breakdown for you:

• Asphalt shingles: $8,750 to $22,000
• Tile work: $24,400 to $35,050
• Wood shake: $20,000 to $40,050
• Metal roof: $20,000 to $50,000
• Stone/Slate roof: $32,000 to $50,000

Find out the cost for your roof replacement here: Roofing Cost Estimator

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. 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%.

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

• Fencing: $1,500 to $8,050 depending on the type of fence.
• Exterior painting: $2,800 to $4,350
• Landscaping: $1,300 to $5,650
• Siding: $5,400 to $15,550
• Window replacement: $650 per window
• Deck installation: $790 to $11,225
• Exterior door replacement: $500 to $1,750 per door
• Garage remodel: $1,500 to $50,050

When budgeting for a home renovation or remodel, consider the house's condition, desired additions, and local property values. Avoid overspending based on emotions; prioritize return on investment (ROI). Use Kukun's renovation cost calculator for accurate budgeting.

Stick to spending limits based on room values relative to the overall house value. For instance, allocate around 15% for a kitchen remodel if the house is valued at $350,000. Similarly, limit spending on a master bathroom to 10%, and smaller rooms such as a powder room to 5%. And, room additions should aim for a cost per square foot below the home's selling price.

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. It's a smart way to compare all your financial options and gauge what you can truly afford.