When you start dreaming about a home remodeling project, it’s easy to get lost thinking about paint colors, a room that flows better, and a kitchen that solves all your problems. Then the concerns about price set in. If you’re wondering, “How much does it cost for a full house renovation?” You should know that the answer isn’t simple. Let’s break it down, so that you can get a sense of the amount you may need to budget.

HOW MUCH DOES IT COST TO RENOVATE A HOUSE IN CT?

A whole-home remodel in Connecticut can cost $300,000 to $800,000 or more. It all depends on the size and scope. Specifically, your price relates to how much you are planning to change and your budget for materials and finishes. If you’re renovating the home interior but keeping all the walls as they are, you’ll spend less than you would if you need a large home addition. These projects are common parts of a whole house remodel and can help you determine your budget.

KITCHEN REMODEL: $120,000+

Kitchen remodeling costs have a wide range for a very good reason. Your kitchen might be a place where you spend a little time, or the whole family might practically live there. On the lower end of the range, you’re getting very basic surface updates. If you have a good layout that works for you and the cabinetry is still in great shape, it might be a reasonable choice. In other cases, you might need to spend more on a complete overhaul. For older homes with an outdated layout, and for high-end custom kitchens, you’re more likely to spend the most.

BATHROOM REMODEL: $70,000+

The cost of a bathroom remodel depends on the type of project. When you’re renovating your entire home, you might upgrade more than one bathroom in the process. Minor updates give the whole bathroom a refresh, but they don’t expand the size or add expensive materials. If you’re looking to create a master bathroom worthy of a king or queen, you’ll pay more for the size and finishes.

HOW MUCH DOES AN ADDITION COST PER SQ. FT. IN CT?

Home additions run about $700 per square foot. If you’re wondering about the cost of a home addition, you may want to set your budget based on the square footage. For example, if you want to add 200 square feet to create the master suite you’ve always wanted, you can expect $80,000 to $100,000 just to build the additional structure. By comparison, a 1,000 square-foot second story addition can cost $200,000 to $300,000.

WHAT IS MY ROI ON MY INVESTMENT?

It’s reasonable to think about the return on investment for a big home improvement project. It is difficult to give an exact number since larger projects have more variables that affect value in unique ways. As a general rule, you can expect to recoup about 25 to 50% of your costs in an increased home value for most of these projects.

Although many people focus on the monetary gains from home remodeling, there are reasons to consider benefits that aren’t financial as well. If you love your home and it works well for you, you’ll have lower stress. You’ll sleep better and feel more comfortable spending time at home. Be sure to factor that into your decisions.

WHAT WILL MY WHOLE HOME REMODEL COST?

If you opted to do all of these projects as part of your whole home remodel, your cost range might run from $300,000 to $800,000 or more. Of course, that range is significant and doesn’t really tell you what you will pay. When you schedule a consultation, we provide a home cost analysis. Our consultation process gives you a detailed report of your project along with expected costs. That way, you can have a clear estimate of your total costs.