If your home is no longer meeting your or your family’s needs, there are two main options you can choose from: buy a new house and move, or remodel your current home.
There are advantages to both strategies, but remodeling is a good option for homeowners who like their current property and don’t really want to move. A home remodel involves updating your house to make it more functional and enjoyable to live in.
However, remodeling isn’t cheap, so it’s a good idea to understand the potential costs before getting started. Costs cited in this article are averages according to HomeAdvisor as of April 12, 2023.
What Is The Average Cost To Remodel A House?
The average cost to remodel a house is $48,384. However, most projects typically range between $17,697 and $79,125, depending on the scope of the project. Many factors contribute to the total cost, including the home’s build and size, the quality of materials and how much labor you need. The price can also vary greatly depending on whether you’re updating plumbing and electrical and making changes to the floor plan.
On average, home remodels can start around $3,000 on the low end and go up to around $167,000 on the high end. Here’s which home improvements fall into the different types of remodel ranges:
- Low-end home remodel: This may include smaller projects and cosmetic work like painting, landscaping, flooring, stock cabinetry, low end appliances, inexpensive countertops.
- Midrange home remodel: This can include the above options using some above-average materials and appliances, new light fixtures, hardwood flooring.
- High-end home remodel: This may feature high-end materials, custom cabinets, built-ins, foundation repair, layout changes, roof replacement, basement or attic conversion.
HPS Magazine 