How do you calculate remodeling costs?

How to Figure Out the Cost of Remodeling

Are you thinking about remodeling your home but not sure how much it will cost? The short answer is that the cost of remodeling depends on the size of your project. If you’re just doing a few minor updates, such as painting or replacing fixtures, you can expect to pay less than $5,000. However, if you’re planning a major addition or whole-house renovation, your costs could run into the hundreds of thousands of dollars.

One of the best ways to get an idea of what your remodeling project will cost is to talk to a few different contractors. They’ll be able to give you a more specific estimate based on the scope of work involved. It’s also a good idea to get at least three quotes so that you can compare prices and services.

In addition to talking to contractors, you can also use online tools to estimate the cost of your project. HomeAdvisor’s True Cost Guide is a great resource for getting an idea of what different types of projects will cost in your area.

No matter what type of remodeling project you’re considering, it’s important to do your research and figure out how much it will cost before you get started. By taking the time to plan ahead, you can avoid any unwanted surprises and save yourself a lot of money in the long run.