If you have lived in your Charlotte, NC home for a long time now, you may be getting a little bored of its current style. If this is the case, then you might consider making some modifications to your home. Renovating allows you to feel you are in a new house, making you fall in love with it over and over again. Now the thousand dollar question you may have in mind is, “how much will the home renovation cost?”
On average, the cost for Charlotte, NC home renovations ranges from $27,991 to $40,583. However, in most cases, the price will depend on the kind of contractor taking up the project on your behalf.
Home renovations can enhance the value of your house if you plan on listing it in the property market. If you’re considering doing so, read on to know more about the average cost to remodel and renovate Charlotte, NC homes in detail. You will also learn the factors affecting the price of a home renovation project.
What is the Average Cost to Remodel a House?
The average cost of remodeling and renovating a house ranges between $19,800 to $73,200. Generally, the price depends on the extent of the remodel, room size, and house condition.
If you plan to renovate the whole house, it will cost you around $15 to $60 per square foot. Meanwhile, remodeling a bathroom or kitchen can cost you approximately $100 to $250 per square foot. With this estimate, you may notice that bathrooms, kitchens, or structural or mechanical repairs will eat most of your budget.
What Other Factors Affect the Cost of a House Renovation Project?
Since home renovations costs vary from project to project, you should know the fundamental points for every project. Before renovating a house, you should keep in mind these three factors:
- its condition;
- the size of the room; and
- the extent of the remodel.
While these three are the primary factors that ascertain the home renovation costs, there are other essential factors to consider.
Time Needed to Complete the Renovation
The time it takes to complete a home renovation is directly proportional to how much it will cost you. If the process takes longer working hours, the expenditures will be higher as well. This means it will help to set a deadline before you let contractors start with your home renovation.
Quality of Parts and Materials Used
Using inexpensive and low-quality products in home renovations to save money will only cost you in the long run. In doing so, you compromise the safety of the household members and reduce the return on investment on the project. So, while you may want to use inexpensive materials, seek help from professional contractors to get affordable parts of good quality.
Home Renovation Contractor
Your choice of renovation contractor will affect the cost of your project. You should hire an experienced renovation contractor. This will require a lot more money than hiring an inexperienced one who might not perform satisfactorily. Fortunately, you can consider a renovation contractor recommended by Showcase Realty, whose team has proven experience and results.
Final Thoughts
If you plan on listing your house in the market after getting a home renovation, you should always seek the help of the best real estate agent in Charlotte, NC, Nancy Braun. Rest assured that you will likely sell your house in record time, as their team in Showcase Realty has a proven record of results. They allow your Charlotte, NC homes for sale to get sold in less time and hassle.
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