If you’re thinking of renovating your home, it’s important to establish a budget first. This can be difficult, especially if you’re living in the home during the renovations.
Remodeling costs can vary widely depending on the size of the home, what materials are used, time it takes to complete the project. For example, it may be cheaper to upgrade the energy efficiency of your house than to completely gut and renovate the entire interior.
However, many homeowners choose to splurge on kitchen remodels and bathrooms. Regardless of your tastes, these projects can make a significant difference in the look and feel of your home, while also adding value.
In Westchester County, a typical budget for a kitchen remodeling project can range from $25,000 to $200,000, according to Remodeling’s Cost vs. Value report, based on a 200-square-foot space with standard finishes like cabinets and countertops.
Bathrooms, on the other hand, are a less expensive project. The average price for a Westchester bathroom remodel is $16,000, but it can be more than double that if you want to splurge on custom fixtures and tile work.
Basements are another popular target for home remodeling projects, allowing you to increase the size of your home or add additional rooms that can be used as an in-law suite, movie theater, or at-home gym. Whether you’re upgrading your current space or creating something new, a basement remodel is an excellent way to boost the value of your property and enhance your family’s lifestyle.
When it comes to determining how much to remodel your home, the best thing you can do is talk to several local contractors and find out what they can offer you. You can do this by using a service like Sweeten that matches you with vetted general contractors to provide estimates for your home renovation. They also check in with you until your project is complete and can help guide you through the process of establishing a budget for your remodel.