Remodeling on a Budget
Do you find yourself often sitting in your living room, glaring at an awkwardly placed divider wall, and thinking, “I should really just knock that wall down and open up this space.” While any remodeling can feel like a daunting task, with the right planning and resources, you could well be on your way to better, brighter, bigger space.
Now, before you grab the sledge hammer, realize that there are many factors that contribute to the bottom line of any home project, including the size of each room, underlying problems that could arise, the cost of the materials and the extent of the remodel. To help you get started, we’ve gathered some tips on some of the most popular remodeling projects around your home and how ReStore can save you money!
Planning is key. The amount of renovation work is directly proportional to your project’s budget. Some project components are difficult to scrimp on, but sweat equity and smart material purchases can go a long way to saving money.
To give you a quick rundown of what to expect, here are some of the latest costs on popular home projects:
Paperwork first! Most state and local authorities require permits to make sure all the work is done according to building codes. The average cost of getting a building permit for a remodeling project runs about $911. To save time and money, get all the necessary permits before beginning work.
Removing Interior Walls
Knocking down an interior wall costs between $300 to $500, with demolition and removal costs factored into the price. It’s important to check with a contractor to ensure you move forward with caution and professional advice. You need to be aware of load-bearing walls, wires, installation, and more before the demolition begins. Homeowners typically spend $512 to hire a structural engineer.
Remodeling the basement can be a very big job, depending on the condition of the area and the remodeling house plan. Factors such as installing floors, building walls, adding electrical or plumbing lines and furnishing the room all contribute to the overall price, which averages $18,711. Your local ReStore sells construction material, like flooring, tiles and more, at a discounted rate. The cost per square foot could be cut in half just by purchasing smart.
The average cost of kitchen remodels comes in at $20,474, with homeowners spending anywhere from $4,500 for small kitchen remodels to $49,000 or more for high-end projects. The National Kitchen and Bath Association estimates that the top expenses include cabinetry/hardware (29%), installation (17%), appliances (14%), countertops (10%) and flooring (7%). Visit ReStore to purchase discounted appliances and watch that 17% shrink to 6%, which translates to saving you thousands of dollars.
Like kitchen renovations, bathroom remodeling projects come with a wide range of prices depending on the caliber of the cabinets, counters and fixtures you choose. For example, installing new cabinets can run anywhere from several hundred dollars for a modest stock vanity to $13,000 for a large custom job.
The square footage of your project and the cost of the materials are the main factors in just about any project. If going all out on remodeling a room, know that sometimes, it’s just as effective to simply replace a chipped toilet or to retile a kitchen floor. Small improvements over time can help you conserve money while refreshing a space. Shop ReStore for discounted construction material, appliances, flooring, lighting, sinks, toilets and more!
And never forget to ask for help. If this is your first project, visit helpful websites like, Home Advisor, to work through detailed costs and estimates on various home improvement projects. Websites, like Thumbtack, can even align you with professionals to assist you on a variety of projects too.