HOME RENOVATION COSTS

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Realistic Renovation Expections

When it comes the cost of a home renovation, some people may have unrealistic expectations. This is largely due to television programs that show people getting major renovations done over five days for something like $20,000. That’s impossible here in the real world!

Before you decide to proceed with a home renovation, get a realistic idea of the cost. When we first visit a prospective client, we give a rough estimate of what we believe their project will cost based on projects we’ve done in the past. This lets them know if what they are thinking of doing is possible based on their budget.

Beyond that, home renovation costs depend heavily on the design of the new space and your selections. Some people have expensive taste but simply can’t afford their dream finishes. You may have to bend on some things while prioritizing others. Working with an experienced team will help you come up with a design and selections that you love while still keeping your renovation within your budget.

Unexpected Home Renovation Costs

We do very thorough pricing to reduce the chance of cost overruns. But the truth is, unexpected things do occur. Although we suggest having asbestos testing done before undertaking any renovation project, some people are sure they don’t have asbestos in their home and forgo testing. If asbestos turns up, that’s an extra cost.

Other unexpected things that add to the cost are finding mold behind a wall, moving a plumbing drain that wasn’t accounted for, finding a loadbearing wall hasn’t been properly shored, or finding a support hasn’t been framed properly.

On many renovations, nothing unforeseen happens to add to the cost. But it’s best to be prepared, just to help you reduce stress. Having some padding in your budget will help you manage your home renovation costs no matter what happens.

What Does a Kitchen Renovation Cost?

The cost of a kitchen renovation varies widely. It depends on what you’re getting done, the design you want, and the finishes you select. It also depends on the size of your space.

There are so many factors that it’s impossible to say exactly what the cost of a kitchen renovation would be. Our average kitchen renovation cost is somewhere around $70,000 as it typically includes aspects of the main floor as well. Take a look at our gallery to see some of the kitchen renovations we’ve done. Some may have cost more than average, some may have cost less, but they’re all beautiful and functional. Ultimately, the kitchen renovation cost is one of the most worthwhile investments in your home and adds substantial retail value.

What Do Bathroom Renovations Cost?

As with every type of renovation, the cost of bathroom renovations varies significantly. Is it an ensuite or a powder room? Are you moving walls to make the bathroom larger or just replacing the finishings and fixtures?

The cost of renovating your bathroom will depend on the quality of the materials you choose, the project scope, and the size of the space.

Our average bathroom renovation cost for an ensuite is about $30,000, with some projects costing more and some less. You can see some of our bathroom renovation projects in our gallery to get ideas for your project.

What Does a Basement Development Cost?

The cost of basement development depends on the size of the basement, what you want to do, the design you choose, the materials you select, and other factors. While developing your basement isn’t going to be cheap, it does add an entire floor of living space and significantly adds to the value of your home.

Our average basement development cost is about $90,000. Think of it not so much as a price tag for a basement but an investment for a roomy, open-concept space where you can enjoy time with family and friends for years to come. Many of our clients say it becomes the most used room in the house. Check out the basement projects in our gallery to see what’s possible for your home.