Living room renovations can be quite costly, but – as with many projects in the home – you can save money by doing some of the work yourself. There are still specific projects and materials for living room remodels that do need a professional's touch, so don't hesitate to contact a pro when needed.
Once you're seriously thinking about remodeling your living room, you'll want to have a solid plan in place and a good idea of what your dream space will cost. Here we'd like to share some expert tips on how to effectively estimate your living room remodel cost.
The flooring, paint and other finishes all have a big impact on cost. If you're trying to stay within a certain budget, you might want to consider less expensive options of the high-end products you like. A similar look can often be found for less.
It's also important to expect the unexpected and set aside a contingency budget. This will keep your project on track if things like dry rot, termite damage or necessary code upgrades surface after demolition begins. A contingency budget equivalent to approximately 30% of your total living room remodel cost is recommended.
Where you live will also have a big influence on your living room remodel cost. A remodel in a small town often costs much less than it would in a major metropolitan area like New York or San Francisco. Our easy-to-use remodeling cost estimator tool is ready to help you determine the cost of your project.
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