How much does it really cost to renovate your home? It’s impossible to say exactly how much it will cost you in advance since the cost of the renovations will depend on the size and condition of your home, as well as what type of renovations you want to do. But certain areas of your home tend to be pricier than others, so if you want to save money when making renovations, keep these five major renovation costs in mind.
Appliances
The most expensive items in your home are probably a refrigerator, stove, washer, dryer, or any other major appliance. Replacing these things can cost you up to $2,000 or more for each appliance. Thankfully, small appliances and electronics don’t cost as much: replacing an old desktop computer will run you around $300 and an LCD TV costs about $150. But that doesn’t mean they won’t damage your budget if you let them fall into disrepair. The best thing to do is buy new appliances every few years rather than letting repairs accumulate over time. That way, you’ll only have to shell out money once instead of multiple times. And, since newer models often save energy (and therefore money), it’s better for everyone. Title: The 5 Most Costly Items When Renovating Your Home Appliances:
Refrigerator - $1000-$2000; Stove - $1000-$2000; Washer/Dryer - $800-$1500; Dishwasher - $400-$600; Clothes Dryer - $400-$600; Furnace/AC Unit - $3000-5000; Air Conditioning Unit -$1500-2500; Water Heater –$500-1000; Central Air –$5000+; Central Heated System –$4000+; Windows –$250-500 per window; Doors –$250-500 per door. Title: 5 Most Costly Items When Renovating Your Home Appliances cost between $1,000 and $5,000 depending on how big your house is. The most common costs are refrigerators ($1,000-3,000) and stoves ($1,000-3,000). If you want to replace either one of those two items be prepared to spend at least $2,500 on average
Windows and Doors
If you’re looking to upgrade your home and make it more energy efficient, there are two things you should probably upgrade before anything else: your windows and doors. New windows and doors are extremely effective at adding value to your home, but they can be expensive as well. Be prepared to shell out $20,000 or more for a new set of windows that will greatly improve your home’s energy efficiency. But in return, these new windows can cut down on heating costs (often by 50 percent or more) each month. While new windows might cost a pretty penny when it comes time for renovations, upgrading them is typically one of the best investments you can make to save money on electricity bills each year. For those who want to do their homework ahead of time, here’s a list of some common window types and their costs.
Kitchen Fixtures
A major kitchen renovation is likely to set you back more than $75,000 on average. However, one of your biggest up-front expenses will be for kitchen fixtures. Appliances, cabinetry, and countertops are all big-ticket items when renovating a home's kitchen. You’ll also need to factor in costs for lighting and ceiling fixtures. For example, if you replace an oven with a different brand or model, you might need to hire an electrician and plumber as well. The cost of these services can vary widely depending on where you live. In general, expect to pay between $2 and $5 per square foot (psf) for labor costs associated with kitchen renovations, according to Remodeling Magazine.
If you’re not sure how much work will be
required, it might make sense to ask contractors what they think it would cost
before starting work. This way, you can avoid any nasty surprises down the
road. Title: What cost the most when renovating a house? Article Body: Kitchen
Fixtures: A major kitchen renovation is likely to set you back more than $75,000
on average. However, one of your biggest up-front expenses will be for kitchen
fixtures. Appliances, cabinetry, and countertops are all big-ticket items when
renovating a home's kitchen. You'll also need to factor in costs for lighting
and ceiling fixtures. For example, if you replace an oven with a different
brand or model, you might need to hire an electrician and plumber as well. The
cost of these services can vary widely depending on where you live.
Fences
A well-built fence can increase your home’s curb appeal and value while also providing added privacy. In addition, installing a new fence can add years to an older one that may be starting to deteriorate, making it more cost-effective than replacing an entire fence later. It might also be time to replace a fence if its height or length is keeping kids from being able to play safely in your backyard or if it just looks shabby. On average, expect to pay about $4 per linear foot for materials for fencing installation; some fencing companies might charge per square foot instead, so make sure you know how they’re pricing their services before signing on any dotted lines. Typical costs: Title: The 5 Most Costly Items When Renovating Your Home Fences:
A well-built fence can increase your home’s curb appeal and value while also providing added privacy. In addition, installing a new fence can add years to an older one that may be starting to deteriorate, making it more cost-effective than replacing an entire fence later. It might also be time to replace a fence if its height or length is keeping kids from being able to play safely in your backyard or if it just looks shabby. On average, expect to pay about $4 per linear foot for materials for fencing installation; some fencing companies might charge per square foot instead, so make sure you know how they’re pricing their services before signing on any dotted lines. Typical costs: Title: The 5 Most Costly Items When Renovating.
Your Home Fences: A well-built fence can increase your home’s curb appeal and
value while also providing added privacy. In addition, installing a new fence
can add years to an older one that may be starting to deteriorate, making it
more cost-effective than replacing an entire fence later. It might also be time
to replace a fence if its height or length is keeping kids from being able to
play safely in your backyard or if it just looks shabby. On average, expect to
pay about $4 per linear foot for materials for fencing installation; some
fencing companies might charge per square foot instead, so make sure you know
how they’re pricing their services before signing on any dotted lines. Typical
costs: Title: The 5 Most Costly Items When Renovating Your Home Fences: A
well-built fence can increase your home’s curb appeal and value while also providing
added privacy. In addition, installing a new fence can add years to an older
one that may be starting to deteriorate, making it more cost-effective than
replacing an entire fence later.
Landscaping
Although there’s nothing like planting and growing a garden, landscaping is also an important consideration for any home. Landscaping can cost anywhere from $5,000 to $15,000 depending on your yard size. Tree removal and stump removal, for example, can cost up to $3,500 without factoring in tree trunk disposal costs. Soil preparation services are another biggie—you can pay as much as $2,000 to have dirt brought into your yard so you don't have to dig it yourself. In addition to bringing in mulch and other soil amendments such as compost, organic materials are also pricier than most people think: A cubic yard of mulch or compost will cost up to $200 or more! But if that's not enough, consider how expensive it is to get rid of all that extra dirt by hiring a hauling service.
Expect to pay at least $300 per truckload if you're getting rid of one cubic yard (which is approximately 3 feet high by 3 feet wide by 3 feet deep). If you're looking at these costs and thinking no way, remember that these are just some of the most expensive items when renovating your home. And while they may be pricey now, investing in them could save money later down the road when things like plumbing issues arise due to poor drainage or when trees start falling over because their roots aren't properly supported.
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