Software
Houzz Logo Print
agar_murat

Renovation Cost Estimation

8 years ago

Merry Christmas All,


I am a couple months away from renovating my first home and moving in with my family. I have no prior renovation experience and would like your help to estimate the renovation cost to get an idea if my savings would allow to do all the renovations I have planned. I would like to remove some walls if possible without having beams hopefully. mainly I would like to make it more open plan and modern. Please let me know your thoughts and roughly what I should be having as my budget including the below:






I would like to try to buy mid-range priced items, not cheap and not over done


* Wall changes

* Beams if required

* New window frames

* Blinds

* Wood flooring

* Paint

* Gypprock

* Cornice

* Kitchen

* Bathroom x2

* Ducted A/C - $7500 5kw

* Roof capping/cleaning

* Gutters

* Glass sliding door

* Laundry

* Pantry


Thankyou in advance




Comments (20)

  • 8 years ago

    Can't read any of your sizes but depding on your area of the US, you are looking at using the wild ass guess method, a minimum of 150-200k, and quite possibly considerably more.

  • 8 years ago
    last modified: 8 years ago

    You need to get professional help and come up with a plan. Then get bids/estimates.

    This is not a www Forum project.

    PS "* Ducted A/C - $7500 5kw" ???? Would that be 5 Tons? In any event, it is impossible to determine the size until you have a plan and then a detailed calculation using Manual J will be required.

    Best of luck.

  • PRO
    8 years ago

    Millworkman hit the nail on the head...Put $10,000 for every item you listed, that should be your approximate budget... So with 16 items listed, you be looking at the approximate 160k budget.

    If something exceeds the 10k amount it will balance out from something that is under that amount. If something is left you can go out for a nice dinner and celebrate the completion of a successful renovation project which was completed under budget.


  • 8 years ago

    Because you are relocating a lot of plumbing and electrical, the budget is going to be hefty -- I agree with $100-150K, depending on your contractor and your location.

  • PRO
    8 years ago

    I agree with all above but want to add that a lot depends what area you're in. A renovation in Danville, VA is going to be a lot less than one in NY or Chicago. If you're in a big metro area, add another 100k at least.

  • 8 years ago

    I don't want to make anyone sore at me, and I also know this isn't what you asked, so please forgive me for this off-topic comment.

    I'm sure some will disagree, but as a relatively thrifty person, I wouldn't take on a project like this. I've seen too many other people drop big bucks into home renovation, and then lose most of it when they sold the house.

    In my world (which I admit is a solidly middle income one), you don't build, either. You buy the existing house closest to what you really want. Except for minor upgrades and essential repairs, you live with it. If and/or when it's gotten too far from serving your needs, you find one that will, sell this one, and move. This works because what's stopped working for you is precisely (well, nearly so) what someone else needs.

    It's almost always cheaper than renovation, and except for weird times like the 2008+ period, you generally get back what you put in.

  • 8 years ago
    last modified: 8 years ago

    Not sore at you. Simply disagree. Almost always cheaper to make improvements than to pay a previous owner for having made them. (And within budget, you get what you want.)

  • 8 years ago

    It never makes sense to try to remake a house to this extent. But you cant seem to talk sense into anyone who has been watching too much HGTV.

  • 8 years ago
    last modified: 8 years ago

    To get a really meaningful estimate, find a good contractor (or three) experienced in major renovations and ask him/her. Costs in my area of rural Missouri may be TOTALLY different from wherever in the world you live.

    And mentioning HGTV, you do know that the prices that Chip and Joanna throw around are for MATERIALS only, right?

  • 8 years ago

    But Sophie, the Property Brothers are ALWAYS knocking down walls to make things open plan!


    /sarcasm

  • 8 years ago

    "And mentioning HGTV, you do know that the prices that Chip and Joanna throw around are for MATERIALS only, right?"


    And not even close to reality....................

  • 8 years ago

    "But Sophie, the Property Brothers are ALWAYS knocking down walls to make things open plan!

    /sarcasm"


    And the next house they actually improve will be the first................

  • 8 years ago

    I think you should call a good contractor and ask that person to give you a ballpark, and preliminarily discuss the costs.

  • PRO
    8 years ago

    It sounds like you are wanting a lot out of this house, to the point that I'm wondering why you didn't keep looking for a home that maybe fit more of your wants and would require less renovation and money?

  • 8 years ago

    Agar,

    Who came up with your new layout? It's an odd layout unless you are also changing the location of your front entry. There are better uses of the space to give you a large master bedroom/bath without relocating your living/dining/kitchen spaces. You really ought to consult with a contractor.

  • PRO
    8 years ago

    "I have no prior renovation experience and would like your help to estimate the renovation cost to get an idea if my savings would allow to do all the renovations I have planned"

    Location will also drive this remodel.

    When we work with clients-the scope of the interior design is established along with a scope of the costs. Architect, general contractor and Interior designer provide value engineer solutions.

    Your team will eliminate mistakes-costs over runs and unnecessary change orders.

    Please please-work with some professionals who can stretch your 'savings'.

  • 8 years ago

    Deb, why are you resurecting old posts?

  • PRO
    8 years ago

    Dec 2017 is a short time ago-for a consumer who has not done major remodeling and does not know the costs or if what she wants is in her budget. And I felt she needed an advocate-:-)

  • 8 years ago

    > Dec 2017 is a short time ago-for a consumer.....

    Who said "I am a couple months away from renovating..."

    > And I felt she needed an advocate

    If you'd checked the OP's profile, you would have seen "agar_murat has no recent activity," and so isn't very likely to read your post.

    I see a lot of thoughtful comments from you in other GW threads, but without wanting to sound too critical, I don't think it was all that helpful to resurrect this one.

    Besides, the OP doesn't need an "advocate," she/he needs a different house. As I (and others) suggested back in December, the cost of such major changes is going to be considerable, and not recoverable when the house is sold. Not to mention the home life disruption they'll entail.