Whether you just bought a fixer-upper in Shadyside or have been considering making some major changes to your Mt. Lebanon home for a while now, you’re probably wondering just how much you’ll have to spend to get the house of your dreams in the Pittsburgh area. The final cost of a whole home remodeling project depends on a variety of factors, including the size and age of your home and the features you want to add.
What Will You Spend?
The 2020 Cost vs. Value Report, compiled by Remodeling offers some very useful information on specific interior home remodeling projects but doesn’t provide any data on whole house renovations. By combining Remodeling cost estimates for the various rooms in a home, we’ve come up with a baseline estimate of $200,000.
Keep in mind that costs will go up depending on the amount of work your home needs. In fact, the final price tag may be as high as $1,000,000 if you have a very large home and want only the most luxurious products and finishes.
What Factors Influence the Cost?
The kitchen is generally the most expensive room to renovate. In the Pittsburgh area, upscale kitchen remodels cost $133,646, according to the report. The price you’ll actually pay to remodel your kitchen will vary depending on the condition of the room and the changes you want to make.
Generally, if you use the same layout and just replace flooring, cabinets, countertops and lighting, the $133,646 estimate will probably be right on target. Changing the floor plan and relocating appliances will require plumbing and electrical work that will increase the cost of the renovation. If your home is old and structural problems are uncovered during construction, correcting those issues will also add to the cost.
Living rooms, dining rooms and bedrooms are usually the least costly rooms to update, particularly if only cosmetic changes are needed. When you start moving walls, however; costs can rise.
Not surprisingly, bathroom renovation costs constitute a significant part of a home renovation budget. The price to remodel one upscale bathroom is $66,317. If your home has several bathrooms, renovating all of them will drive up the price tag.
Many homeowners like to repurpose spaces during a whole home renovation. A large basement can be a game room, bar and home theater, while an unused bedroom can be turned into the ultimate home office. A mid-range basement remodel costs Pittsburgher’s $72,958, according to the report. If you’re planning on recreating an English pub in the basement, complete with mahogany walls or adding a sports court, you can expect to spend double or triple that number.
When you combine a basement remodel with renovation of rooms on the main floors of your home, you can expect to pay $350,000 or more depending on the scope of the project and the materials used. For example, handcrafted tile or stained glass windows commissioned just for your home will increase your renovation costs, although adding these custom touches is well worth the money for many homeowners.
Home improvement and remodeling offers an excellent way to increase your enjoyment of your home and improve your ROI. We can help you consider all the possibilities when you’re planning a remodel in Mt. Lebanon, Shadyside, Squirrel Hill or other areas. Contact us today to schedule an appointment.
Source:
2020 Cost vs. Value Report
https://s3.amazonaws.com/HW_Assets/CVV_Assets/2020/Consumer/pittsburghpa.pdf
