One of the most common questions a renovation company will get is around renovation costs, and that’s for a good reason. No matter what kind you’re planning on doing, it’s important to set a budget and stay within that budget. One of the best ways to do this is to work with an experienced general contractor who can foresee potential issues and help you avoid budgetary headaches. Another benefit to working with an experienced renovation company is their ability to complete detailed planning that will ensure your project is well planned and priced out before demolition begins.
Ask a Builder: What Does a Home Renovation Cost in Calgary?
Home renovation costs vary substantially based on the scope of work, the complexity of the project, and the types of fixtures and finishes that you choose. But generally speaking, here is a list of remodels and renos from highest to lowest cost:
Full Home Renovations or Additions.
Without fail, a full home renovation or substantial home addition will be the most expensive type of home renovation. These complex projects require intensive planning and for the home’s occupants to move out during construction. That being said, full remodels and additions typically have an incredible ROI for homeowners because they can entirely reinvent a home and add additional square footage.
Kitchen Remodels
Coming in as the second highest-costing renovation is the kitchen. This important space requires cabinetry, countertops, and appliances, which can add up quickly. In addition to all of this, flooring, plumbing and electrical fixtures, tile, and finishing carpentry will all be involved. Many older homeowners open their kitchens by removing walls and adding windows to allow for more natural light. However you swing it, kitchen renovations are one of the highest costs, offering a great return on investment. Depending on the size of your home and the type of finishes and appliances you choose, a kitchen remodel can cost anywhere from $10-100,000+.
Bathroom Renovations
Bathrooms are small but important rooms in any home. Much like the kitchen, this space involves cabinets, counters, and a variety of tradespeople to complete tile, plumbing, electrical, and finishers. Bathrooms can also have a large variety of fixture and finishing options that can greatly affect the price. A bathroom update can cost anywhere from 5000 to tens of thousands of dollars if you choose to update windows, add custom steam showers, and more.
All Other Renovations
After the ‘big three’ categories of home renovations are considered, some more affordable and substantial renos are basement renovations, exterior renovations, and flooring updates.
Your Calgary Custom Renovation Pros: FLR Developments
Renovation costs vary greatly depending on the extent of the work being done. Regardless of your choice, the number one way to ensure you keep your budget in check is to have thorough design and planning with a knowledgeable company like FLR Developments. This will ensure that there are no costly surprises or delays once construction begins. To discuss your upcoming project, reach out to our admin team by calling 403-980-2205 or sending us your information through our website contact form.
WE CUSTOM DESIGN YOUR DREAM
Whether you want a custom luxury home, a stunning lake view spot, or the perfect commercial spot for your new venture, our team makes the process as straightforward, cost-effective, and simple as possible. From planning and design to permits and a third party warranty, we will expertly manage every stage of the process. We take the challenge out of new builds, so you can focus on what’s truly important: achieving your dream.
Want to know more about one of our developments and how we can get your project completed on time and on a budget? Contact us at (403) 980-2205 or fill in our online form.