RSS Feed
TwitterBefore you even begin a remodel, it is important that you be aware of the remodeling costs that you will incur and have an idea of how to estimate remodeling costs. You can download a free remodeling costs calculator at the end of the post.
Factors that influence the cost of a remodel include the extent of remodel, the cost of materials and fixtures, whether you wish to hire a remodeling expert or do the remodel yourself. How you choose to finance your remodel may also affect the cost; if you pay for the remodel from your pocket then you are not paying any interest as you would if you went in for a home improvement loan or a personal loan.
Estimated cost of a remodeling project
You are in a position to start the remodel only when you have an estimate of what it is going to cost you. Here is a good page listing estimated costs of almost all the remodeling jobs that you can think of.
The cost per square foot method – Take the total square foot area to be remodeled and multiply it by the per sq. ft remodeling rate prevalent in your area. The rate could be anything in the range of $150 to $750. A lot depends on the room that is being remodeled and the kind of finish that you desire. However, this estimate has a large range and may not give you the level of accuracy that you desire in your remodeling cost prediction.
Estimate for a contractor – A contractor or an architect can narrow down the range of estimates for you because of their experience in working on similar projects. You can get free online quotes by filling in the required fields in online calculators. You can get multiple quotes from different contractors and then compare cost
Posted in