The Truth About How Much Home Renovations Cost In New York
The Real Answer Is It Depends On What You Want For Your Westchester, Dutchess, Or Putnam County Home
Finding an answer on how much do home renovations cost is impossible. You can find a national average, but it’s better to know what can cause it to change. Once you know that then it makes more sense why your renovation is getting the estimated prices it is.
You can find the main factors affecting home renovation costs in the post below.
National Averages Don’t Really Help
“What do you mean they don’t really help?”
Whitney looks at Debbie in confusion. The average for how much home renovations cost is an average for a reason. Whitney thinks if she renovates her whole home the price should fall somewhere in the national average range of $18,000 – $76,000.
“True, but we live in New York. Everything is more expensive here, especially if you compare it to places out in the middle of nowhere,” Debbie points out.
“Oh. You’ve got a good point there Debbie. So I guess the only way to know the cost of the home renovations I want is to contact a home renovator,” Whitney sighs in defeat. After seeing those kitchen remodeling ideas she’s been super excited about doing a renovation of her own. She was hoping to have some idea of the price before she contacted anyone.
“Don’t be so down, let’s not give up yet! I’m sure we can at least find out what factors change the cost of a home renovation,” Debbie says encouragingly. She whips out her phone to see what she can find on Google.
After searching for several minutes, here is what Debbie finds.
Factors Changing Home Renovation Costs
- The rooms
- Complexity of the renovation
- Underlying problems
- Chosen materials
“Wow, I can’t believe we actually found something,” Debbie says in surprise. “Don’t stop there, keep reading!” Whitney bursts out excitedly.
1. Rooms Are A Game Changer
“This is a good start.”
The number of rooms you’re trying to renovate will definitely have an impact on home renovation costs. The more there are the more manpower, labor, time, materials, everything there is.
“That makes perfect sense,” Whitney says with a nod.
Then the room itself changes the cost. Kitchens are the most expensive room to renovate, costing a national average of $25,000. Renovating a basement comes in at $20,000 and bathrooms at $10,000.
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“Wow, that’s a good chunk of change right there,” Debbie says with a low whistle. They scroll down to the next factor affecting how much home renovations cost.
2. Home Renovation Costs Change Based On Complexity
“What exactly is meant by complexity?”
Complexity can mean how much is actually being renovated. Just updating one or two parts of a room will probably be less of an investment than updating the entire room. It does come down to what you’re renovating in the room and the materials you choose (we’ll get into that later on in this post).
“What you’re renovating sounds like another part of the complexity,” Whitney correctly guesses.
Cabinet renovation is usually the most expensive. They can take up the most space in a room, especially kitchens. Compare that to painting the walls or redoing the flooring and you’ll see what you’re renovating can change the cost of a home renovation.
“I might have to renovate my home in steps depending on the overall cost for what I want,” Whitney says thoughtfully.
Size matters as well. Small kitchens and bathrooms can cost less because they take fewer materials. Labor might increase simply because smaller areas are harder to work in. If you can only fit 1-2 people at a time it’ll take longer than if you had 3-5 people.
“I never thought about that part of a home renovation project,” Debbie realizes. They wonder if the next factor that can change how much a home renovation can cost will be as surprising.
3. Watch Out For Underlying Problems
“Underlying problems like what?”
You might not notice it. Heck, even the best contractor might not until they start renovating your home.
Problems can pop up at any point during a home project. Rotten wood can be hiding in plain sight, mold and mildew can be growing behind the walls, the wiring for electrical appliances may need updating, and many other problems could be present.
“And any problems should be fixed before continuing the project. Otherwise, they can cause worse problems later that I’ll need to spend more money to fix later,” Whitney notes.
They scroll down to the last factor affecting the cost of home renovations.
4. Chosen Materials
“If I had the money I would make almost everything marble.”
Higher-end materials will raise the cost of a home renovation. Natural stone is going to be the more costly option as will anything you want custom-made. But it will look AMAZING.
“Looks like I’ve got a lot to consider when it comes to material choices,” Whitney muses. She’s feeling a lot more confident, enough that she’s ready to contact a home renovator.
The True Cost Of A Home Renovation In New York
“It seems like it mostly depends on how much you choose to renovate and what you choose to renovate with. It’ll also be different based on who you contact, but at least I’ll have a decent idea of why it costs what it does,” Whitney says confidently.
“Oh look, it says here the average cost of a home renovation in New York is between $21,000 – $90,000,” Debbie points out.
You can find out more average home renovation prices on Home Advisor >>
The post The Truth About How Much Home Renovations Cost In New York appeared first on Fisher Building Co..
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