Typical Costs for 5 Home Renovation Projects

Home Renovations

Embarking on a home renovation project is an exciting endeavor, but it's crucial to understand the associated costs. Here, we'll outline typical expenses for five common types of renovation projects, offering insight into what homeowners can expect as they plan their renovations.

Typical Costs for Projects

  • Home Additions (One Room): $22K to $82K

  • Accessory Dwelling Units (ADUs): $65K to $225K

  • Kitchen Remodel: $15K to $65K

  • Basement Remodel: $12K to $34K

  • Second-Story Addition: $150K to $200K

It's important to note that these figures are estimates and can vary based on factors such as the size of the project, the quality of materials chosen, and regional labor costs. Homeowners should obtain multiple quotes from reputable contractors and factor in additional expenses for unexpected issues that may arise during the renovation process.

By understanding these typical costs, homeowners can better plan and budget for their renovation projects, ensuring a smoother and more successful outcome.

Next
Next

The Hottest Home Renovation Trends for 2024