The building must also be inspected for pests like termites. For example, their plumbing system must be updated to avoid issues with cracked pipes and tree roots. Historic homes are more costly to renovate because they must meet today’s safety standards. It’s more expensive compared to an apartment that only costs between $25 - $60 per square foot. For example, historical homes can cost up to $400 per square foot to renovate. However, the type of house being remodeled can influence the final costs. Typically, homeowners spend $15 - $60 per square foot on a whole house renovation. Home type is another factor that impacts the rehab cost per square foot. Source: Rocket Mortgage and was prepared by the National Association of Home Builders. The table below shows a summary of the standard range, low-end costs, high-end costs, and national average costs of renovation in the United States. Thus, aside from factors like location and size, inflation is something that also needs to be considered.

This year, prices have gone up to 10% with multiple parts of the country experiencing long delivery times. However, it’s important to consider that building costs have increased due to labor and supply shortages during the COVID-19 pandemic. According to HomeGuide, completely remodeling a 3-bedroom house typically costs between $20,000 and $25,000.

On average, remodeling or renovating a house costs $15 - $60 per square foot. ‍ Average Renovation Costs Per Square Foot Prices may still vary due to differences in seasonality and supplier.

Factors That Impact the Cost to Renovate a Houseĭisclaimer: The pricing stated here is based on average data from third-party research.

Average Cost to Renovate a House Per Room.

Average Cost to Renovate a House Per Square Foot.

So if you’re a general contractor, estimator, or homeowner preparing a cost estimation for your next home renovation project, here’s what you’ll learn by the end of this blog.

How much does it cost to renovate a house? What are the factors to consider when determining the estimate for your next home renovation project?Įstimating home renovation costs doesn’t need to be complicated or time-consuming, especially if you have the right information and tools to guide you. Cost to Renovate a House: Average Renovation Costs Per Square Foot

Remodel cost estimator software free