What is the Average Cost to Gut and Remodel a House?
Are you trying to learn about the average cost to gut and remodel a house? Well, you’re in the right place.
Properly budgeting for your whole house remodel is important. Knowing the things you’ll have to pay for and how much they may cost, as well as your options that could cut costs, will help you make a more informed decision with your project.
In this article, we’ll look at the cost to gut a house.
First Things First
The first thing you must understand about your home remodel is that there are no fixed costs. There are no perfectly well-laid plans when it comes to renovations, namely because unexpected problems can pop up and you may need to make adjustments that change the initial estimates.
From a mindset perspective, though, it’s important to remember this as you approach your project.
How Big Of A Remodel?
There are three sorts of classifications when it comes to the cost of gutting a house and remodeling.
They are:
- Small: One or two rooms, or a specific area of the house.
- Medium: A floor of the house, a basement with several rooms, or a wing (the garage, for example).
- Large: Renovating the entire house.
The size of your remodel may lower the amount it costs per square foot, and that number may be substantial depending on the square foot of the project.
Okay, How Much?
Keep in mind these are guidelines and subject to change.
- A small gutting and remodeling may cost $15,000 to $25,000. This figure includes redoing the interior and repainting.
- A medium gutting and remodeling is likely going to cost $30,000 to $50,000. This number not only reflects the increased square footage of the project but the likelihood that you’re re-doing a kitchen, which always eats up a lot of the total bill.
- A large gutting and remodeling may cost $60,000 or more. Along with interior work and a new kitchen, this figure might also include doing work on the foundation of the house.
How To Cut Costs
If you’re trying to do your home renovations on a budget, these tips might help.
- Wait on the kitchen: Kitchens often involve both interior work and comprehensive plumbing, plus the costs of items like new countertops, making them the most pricey part of your entire renovation. If you’re looking to save money, figure out what doesn’t need to be redone here first.
- Do all the paint at once: Having a plan can save you some serious money if the painting crew only has to spend a few days doing all the work. This is preferable to having them come do each room individually as it’s finished. (And pick the right colors, so you get a return on your investment if you ever sell.)
- Stick to your budget: Even though home renovation prices can change at a moment’s notice, you control a lot about the final price. Deciding what you can and can’t live without can help you save a ton of money on the finished product.
Average Cost To Gut And Remodel A House: Wrap Up
The average cost to gut and remodel a house varies by size, with a large renovation project likely costing upwards of $60,000 or more. But that number is always going to vary depending on which rooms you’re renovating, the upgrades you’re making, and the budget you have in place.
