Remodeling: How much does it cost?

I am often asked "How much will it cost to remodel my....?" But the fact is that no two projects are ever alike. And without taking the time to determine the scope of the project, it is difficult to come up with a quick answer. So what is a homeowner to do? Here are a few of the factors that go into the pricing of a remodel: 

 

Square Footage

How big of an area do you want to remodel? Whether you are remodeling a garage or an entryway, this is an important factor. Generally speaking, square footage follows an economy of scale. The larger a project is, the less price per foot it costs. This is similar to real estate. For example, a small house in a neighborhood may list for $350 per square foot; whereas a larger home in the same neighborhood will list for $250 per square foot. It is all about economies of scale and material and labor costs are more evenly spread out in larger homes.

Type of remodel
A bathroom or kitchen remodel is more expensive than a bedroom remodel. Plumbing, cabinets, flooring, and countertops in kitchens and bathrooms lead to a higher cost per square foot when compared to other rooms of the house. Also, keep in mind that depending on the type of remodel you are wanting, city permits or inspections may be required.

How much of a remodel do you want?
The term remodel can mean something different to each person. So ask yourself, do you just want to upgrade the cabinets in your kitchen or change the whole layout? Changing the whole layout could mean more materials, need for a plumber, etc.

Are there extra amenities or accessories that you want?
In a bathroom, you may decide that a shower/tub combination will work perfectly. Or you may want to have a separate shower that includes dual shower heads and a sitting bench. Amenities can add up very quickly with additional behind-the-scenes costs. For example, a tankless water heater may list on the internet for $600. The cost to install it may be more than the tank itself, as a plumber may need to extend supply lines, reroute gas lines, remove existing tank, etc. An electrician may be needed if it is an electric-powered tank.

Bottom line, remodeling does not have a cookie cutter approach. But by better understanding exactly what you want and communicating those ideas clearly, a general contractor can work with you to fine-tune your vision and come up with a clear budget for your remodel.

If you would like more information on a remodel project in the Austin/San Antonio area, please feel free to email us at info@duarteconstruct.com or call us at 512.275.6500.