Fire damage cleanup costs anywhere from $800-$93,000. Homeowners also underestimated the cost of new floors and new windows, with average household reno budgets coming in at just over $3,250 and just over $8,520, respectively. The anticipated floor budget is only realistic for very small spaces using low-end materials,” explains Silver. While the anticipated window replacement budget covers five regular sized windows and no door replacements,” explains Silver, who suggests that homeowners budget about $1,600 per window (more if installing or replacing specialty or large windows).
Be as cautious about putting in a new kitchen as you would about putting in a new bathroom. If you are renovating a house – then obviously you must change the kitchen. But installing an expensive, new kitchen just to sell your home is unlikely re-pay the expense and bother. For sister show Ask This Old House — where a host comes to viewers’ homes for everyday repairs — labor and materials are, for the most part, provided free and homeowners are invited to help.
Owner Carl van der Meer is a skilled communicator who sticks to set timeframes and works effectively with everyone involved in the build. Carl’s proven network of building professionals has been nurtured and he has strong working ties with them which you can leverage. When you choose Carl to project manage your alterations, you gain instant peace of mind.
Outdoor improvements. Your house makes a first impression quickly, so sprucing up its outdoor appearance is a smart investment. This includes siding (fiber cement tends to cost the most, but has the best return) and landscaping, particularly in the front yard. One of the best-known loans for home improvements, Fannie Mae’s HomeStyle Renovation loan , allows borrowers to either buy a place that needs repairs or refinance their existing home loan to pay for improvements.
Finishing a basement is the most common way to add usable square footage to a home. Most homeowners spend between about $10,000 and roughly $27,000 converting a basement, depending on the size of the space, according to estimates from HomeAdvisor , a website that connects homeowners with prescreened service professionals. Attic conversions are another option. The average attic remodel in 2014 cost $50,000.