How Much Does a Remodel Cost - Ranieri Construction LLC

How Much Does a Remodel Cost, and How Long Does It Take?

I found this article on Houzz.com (where I have a presence as a Kitchen and Bath Remodeler and General Contractor) to be quite interesting and informative. Here’s a bit of it, you can click on the link to go to Houzz.com to read the entire article.

If you’re looking for a sense of how much it will cost to renovate your home, and how long it might take, we’ve got some numbers for you. The 2016 Houzz & Home annual survey gathered information from more than 120,000 registered users of Houzz, including more than 70,000 who renovated in 2015. Their responses provide insight into how your own renovation project might play out.

By Janet Paik Menlo Park – See more Home Design Photos

Be Prepared

High renovation costs can be surprising for first-timers. After all, it’s easy to fall in love with photos of a high-end kitchen or Sub-Zero appliances when you don’t have to pay for them. “A lot of times people have grandiose ideas or pictures of things that they’ve seen — it looks great but doesn’t fit their budget,” says Brandon Quinton of Cameo Homes in Salt Lake City. “Everyone is drawn to the most expensive stuff. Everyone has got expensive taste; they just don’t know.”

Houzzers Tell Us How Much It Cost, and How Long It Took

Your accounting professor (or a parent or grandparent) may have told you that it’s important to have, and stick to, a budget. If you find that challenging, don’t feel too bad. A whopping one-third of renovators surveyed began their projects without setting a budget at all.

Did they pay dearly for that? Surprisingly, no. Owners who started with no initial budget actually spent less, by about $8,000, than those who had a budget and stuck with it. It could be that the budget-avoiders were doing DIY projects, renovating over time or taking on lower-cost projects overall.

As for those homeowners who exceeded their budget, well, they spent twice as much as those who had no budget at all. And they probably had some gorgeous results for their big spend. Notably, only a tiny fraction of renovators came in under budget.

You can read the entire article as I said, just click or copy and paste the link below into your browser and you will be enlightened with the rest of what was presented in this terrific article.

http://[houzz=http://www.houzz.com/ideabooks/68606795/list/how-much-does-a-remodel-cost-and-how-long-does-it-take w=300]