How to Plan Budgets: An Overview of Renovation Costs

Creating a detailed budget is essential to managing extensive renovations. Having an idea on the costs of renovating specific rooms can help you do just that. Reliable Design-Build-Remodel, your go-to company for all your remodeling service needs, and a local expert on renovation costs in Vestavia Hills, AL, gives you an overview of the estimated costs for the most commonly renovated rooms below. 

Kitchens – Average Cost: $150 per Square Foot

The kitchen is usually the most expensive part of your home to renovate. That’s because renovations typically involve replacing appliances, countertops, cabinets and some of your pipes. However, the costs can fluctuate, depending on how extensive the remodeling is and upscale the appliances are. 

If you have some time to spare and want to cut costs, you can try buying ready-to-assemble furniture. They cost less because they’re easier to ship. 

Bathrooms – Average Cost: $120 per Square Foot

In general, the bigger the bathroom, the higher the cost. The size of the bathroom affects all the other costs. For example, a larger bathroom will naturally need more materials. To maximize the use of bathroom space, contractors will also need the help of a bathroom designer to accurately create an overview of project renovation costs in Vestavia Hills, AL. 

Bedrooms and Living Rooms 

Rooms that don’t have any fixtures or plumbing, like a bedroom or living room, are cheaper to renovate. For bedrooms, it’s usually extra features, like new windows, doors and carpeting, that drive up costs. 

As for the living room, you wouldn’t normally need as many features. That is unless you want to add a new fireplace. But experts recommend including contingency funds, about 10% of your budget, for features of furniture you may have forgotten to include in your budget. 

Labor Costs 

Labor costs usually comprise a large portion of renovation costs. However, it wouldn’t be a good idea to cut corners on the quality of the labor you’ll hire, especially if you’re doing significant renovations like a home addition. To minimize the risk of costly installation errors, only hire experienced contractors. 

Reliable Design-Build-Remodel is a full service general construction firm and remodeling contractor operating in the Birmingham metro and Jefferson and Shelby County areas and surrounding communities, including Birmingham, Helena, Chelsea, Mountain Brook, Hoover, Homewood, Montevallo, Alabaster, Vestavia Hills, and Pelham, with over 30 years of servicing our valued clients. Offering full service suite of general remodeling, design and build services. Our specialties include bathroom remodeling, kitchen remodeling, exterior renovations, interior renovations, painting, and more!

Visit us at reliablerem.com, and like and follow us on Facebook and Instagram!