Milton: How much to be considering when creating a Renovation Budget.

Kitchen Renovation, Hanson

Kitchen Renovation, Hanson

Remodeling can be a large undertaking. There are a lot of decisions and money that goes into your project. Our team will only recommend material that we know will give reliable service. Please know, we will never recommend poor quality materials simply to get your business. Our highly trained and supervised crews deliver the craftsmanship you expect.

In remodeling, prices can vary greatly on a project-by-project basis. Everything is custom and special because no two remodeling projects are alike. No two homes are alike, no two yards are alike, no two homeowners are alike, and pricing is constantly changing. Unlike new home building, everything is subjective-from estimating, to finish choices, to how long something should take to complete.

 

In addition to reviewing Remodeling Magazines Cost versus Value Report, which has great information for costs in our area, below are some basic budgets to help you gain a feel for the cost of some of our basic and higher end project costs. Don’t forget that these are estimates based on past work that we have completed. Every project and its related costs are unique.

Kitchen Renovation Budget Ranges:
Basic: $30-40,000                     Mid-range: $70-80,000                Higher End: $144,000

Bathroom Renovation Budget Ranges:
Basic: $15-20,000                       Mid-range: $25,000                     Higher End: $73,000

Deck Renovation Budget Ranges:
Basic: $10-15,000                        Mid-range: $20,000                    Higher End: $35,000

Basement Renovation Budget Ranges:
Basic: $20-30,000                       Mid-Range: $40,000                   Higher End: $75,000

 

Understanding the levels of finish:

Basic: No major framing would be included in this scope of work. No Custom Items, all stock items. This is where you would find your basic entry level grade selections. Appliances and fixtures would remain in the same locations. Flooring selections might include laminate or vinyl. Decking stock might include Pressure treated lumber.

Mid-Range: This level might include some minor framing. Upgraded allowances for fixture and finsh selections over the basic level. Fixtures and appliances still might stay in the same location, or may move slightly. Flooring options might now include Hardwood or tile. Counter top options may now also include a Granite or Quart, and decking might include a composite option.

MudroomHigher End: Projects in this budget range typically include framing changes, fixture or appliance relocation, more semi-custom and custom options, finishes and fixtures. Flooring options would include hardwood and tile, and decking options would include PVC composite options.

What about a large renovation or addition?

It’s difficult to give budget ranges without more information. Spaces that are the same size can vary widely depending on the existing conditions, size, building materials, and finish preference. Our team likes to approach these projects thru our Design/Build Process. In a Nut-Shell, Design Build is a one-stop shopping approach to remodeling. Our clients hire us to do everything, from design to finish. From conceptual designs, to the working plans, right through production management of getting your project built. You can read more about Design/Build here: http://www.almarbuilding.com/design-services/

 

Other great resources include:
Remodeling Magazine Cost V Value
Michael Stone’s: How Much Should a Contractor Charge?

 

If you have questions about larger Home Improvement projects please let my team know. Our team has been working with families like yours for over 57 years. And it is important to us that everyone works together to create the best possible experience. If you have questions about your home improvement project please let us know. http://www.almarbuilding.com (781-826-2577) and watch our videos at http://www.youtube.com/almarbuilding.com

 

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Almar Building & Remodeling Co (Hanover Ma). As a third generation family owned and operated company for over 58 years Almar Building has all the benefits of a small company with the options of a larger company. From Additions, Kitchens, Bathroom, Basement Renovations, Siding, Windows, to Doors Almar services the entire South Shore of Massachusetts including: Hanover, Hingham, Pembroke, Norwell, Scituate, Cohasset, Duxbury, Hanson, Abington, Rockland, Holbrook, Braintree, Weymouth, Milton, and many more towns.