Being a homeowner is a wonderful thing. Naturally, you want your home to be both beautiful and functional. An ideal home should reflect one’s personality and taste. Also, it should be comfortable and satisfy all your daily needs. However, meeting all these standards can be pretty expensive. That’s because making your home a perfect, stylish abode will likely require some remodeling. Of course, the exact costs will depend on your particular circumstances and wishes. Where you live, the scope of remodeling, materials you want to use, etc. – all factor in when it comes to determining the exact budget. Additionally, some rooms are more costly to renovate than others. However, the most expensive rooms to renovate are usually the most rewarding ones, too.
Here’s what you can expect of each!
Kitchen remodels are costly, but worthy investments
The kitchen is the heart of the home. Usually, it’s a place where the whole family gathers and spends a lot of time together. For that reason, it’s one of the most popular rooms people want to remodel. But, it’s one of the most expensive ones, too, and for several reasons.
Countertops and cabinets
Ordinary cabinets and cheap countertops simply won’t do if you want to spruce up your kitchen and give it that high-end appeal. Stock cabinets usually come in a limited number of shapes, sizes, and materials. However, customized cabinets are a must if you want your kitchen to be stylish and fit your needs perfectly.
Likewise, quality countertops such as those made of granite, Corian, glass, or soapstone have a hefty price tag attached. However, not only will they look fabulous, but they’ll also last for years to come!
Updating the kitchen’s layout
Another reason kitchen renovation is at the top of this list is that it often requires some structural changes. For example, maybe you need to adjust the plumbing and wiring. Or, perhaps you want to change the layout and update the flooring. All of these require hiring experts and are quite costly as a result.
Kitchen remodels quickly turn into full-scale projects. Homeowners often start with renovating a portion of the kitchen but soon realize they want to update the rest of it, too. After all, those old, shabby appliances don’t look so appealing next to the new zebrawood cabinets, do they?
Sprucing up the kitchen without breaking the bank
An average kitchen renovation costs from 10,000 to 35,000 dollars. However, depending on how lavish you want it to be, the price can even go over 50,000 dollars! On the other hand, there are some low-budget kitchen renovation ideas you can explore. For example, repainting the cabinets or amping up the lights are more affordable ways to pull this off and create a cozy and appealing kitchen you’ve always wanted.
The bathroom is among the most expensive rooms to renovate
Bathrooms are another popular choice when it comes to upgrading a home. And, as with the kitchen, there is a good reason for it! Apart from being an important room, it also provides a great return on investment. If you ever want to sell your home, the kitchen and the bathroom are the first rooms prospective buyers will check.
The renovation price will depend on the type of bathroom you have. For example, updating guest or ensuite bathrooms will be less expensive than amping up your master bathroom. Plumbing, electricity, flooring, and other fixtures such as vanities and cabinetry add to the cost. Plus, in addition to functional, there are aesthetic aspects to consider for a bathroom remodel. Creating a spa-like, luxurious feel, while costs extra, but is definitely worth it.
The basement remodel can be a pricey but worthy project
Depending on what sort of living space you have in mind, the basement may be one of the most expensive rooms to renovate. Basements aren’t the dark, damp rooms we use for storage anymore. Instead, they evolved into lavish entertainment spaces, game rooms, home gyms, or even complete apartments with a bathroom!
Naturally, converting your basement into a pleasant, comfortable area isn’t always simple. There are some essentials you have to take care of:
- plumbing and wiring
- installing windows and ensuring proper ventilation
While this isn’t cheap, it’s not costlier than some other rooms. As for the rest, it will depend on how lavish and adventurous you want to be!
Living rooms and bedrooms are more affordable
Remodeling your living room or master bedroom isn’t nearly as expensive. Especially if you only want to freshen up the color palette in your living room or add a bit of stylish flair to the bedroom. Art pieces and accent pieces will liven up the space without breaking the bank.
On the other hand, some structural work will require a more significant investment. Removing the wall to create an open floor plan will add expenses to your project. The same applies to any electrical work or adjustments you have in mind. Of course, replacing the furniture or installing smart home appliances doesn’t come cheap either.
The bottom line
As you may see, updating your home can be a pricey endeavor. While kitchens and bathrooms are the most expensive rooms to renovate, they also bring you the most gain. At the same time, they’ll boost your home’s value and increase your quality of life. Finally, you’ll have your dream home that perfectly suits your needs and lifestyle.
Lena Simmons is a freelance writer and an interior design enthusiast. When not busy with her work at Spyder Moving, she loves exploring different decoration styles and home improvement projects. Her other passions include fitness and painting.