Adding on a new room addition or redoing the bathroom can be exciting. Once you’ve decided to embark on the project, the question of remodeling costs is sure to arise. Here are some major factors to consider when calculating project costs:
First, assess the value of the specific room or space you wish to upgrade. It’s best to keep renovation costs around or below 10 to 15 percent of your home’s overall value.
Spending more than this amount is not necessarily going to increase property value. Knowing the value of the renovation space and your end goal helps in setting a good budget.
Many factors can sway renovation costs. One factor greatly influencing remodeling costs is room size. The larger the room, the more materials needed to complete the project. You also have to calculate labor costs, unique costs of the project and more.
Home renovation calculators can be found online to assist with these calculations. They’ll ask for the type of space you’ll be completing your renovation project in. They’ll also ask for square footage of the space, estimated material quality and other factors.
If you prefer a more personal approach, hiring a local contractor may be for you. They can assess the project and provide a detailed and precise estimated cost of your renovation project.
Full kitchen remodels are often regarded to be one of the most expensive projects. Kitchens are expensive to remodel because in addition to upgrade materials, electrical and plumbing factors are at play.
Completely renovating a home can be more expensive than a simple room upgrade. On average, a complete home renovation falls between $20 thousand to $75 thousand dollars. In some cases, the cost is much higher.
Return on investment (ROI) should be considered before starting home renovations. Think about the value the home improvement project could possibly bring.
If the project is to enhance the space for your personal enjoyment, it may be best to stick to a tighter budget to save money. However, if you wish to sell your home, spending a bit extra on remodeling can be to your benefit.
The more prepared you are for your home renovation project, the smoother the experience will be. Understand the needs of the space you wish to repair, know what you wish to renovate and the quality of the materials you’ll be using. This will allow for you to come up with a great renovation budget.
I have provided award-winning service to many clients over the past 25 years. Few other REALTORS are as trusted as I am. My clients trust my advice, and they know that I always look out for their best long-term interests. You can expect, and you will receive personal service that is second to none. When you hire me as your Agent you work with me and only me. I will answer your calls and respond to your text messages. I promise not to hand you off to another member of "My team" like others do. When you hire Ryan, you get Ryan.
I have called Southwest Michigan home for 40 years. My mother's family ran a local locksmith service, and my father served as the Chief Investigator for the County's Prosecutor's office for many years. I love all that this area offers, and I enjoy serving the buyers and sellers who are moving in or out of Southwest Michigan.
My wife and I have two children, and we would not want to raise them anywhere else. Between the award-winning schools and the plethora of youth activities offered in Southwest Michigan, it's a great place to call home. We enjoy spending time with friends at the beach, boating, golfing, hunting, skiing "Up North," and fishing.
We give back generously to the community that has been so good to us. Currently, I serve on the Lakeshore Public Schools Foundation Board (LEF), as Past President of the St. Joe Kickers Sports Club, and as a Rotarian in the Stevensville-Lakeshore Rotary Club. We donate throughout the year to various local organizations, schools, and youth sports groups.
I want to put my experience and knowledge to work for you. Having sold more than 500 properties while earning the trust and respect of my fellow REALTORS, who voted me the "REALTOR of the Year," I am confident I can earn your trust as well.
Looking to buy, sell, or invest in real estate? Please allow me the opportunity to serve you. I promise you will not be disappointed.
Ryan Arnt
Real Estate Broker/Company Owner
Keller Williams of Southwest Michigan
You can reach me anytime, call or text 269.470.6666, or email me at [email protected].
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