Home Remodeling Costs: How to Remodel Your Home without Hurting Your Wallet

A complete guide to a home remodel

I was recently introduced to Eagle Luxury Properties who have put out a free eBook called "A Complete Guide to a Home Remodel" which is designed to help you keep your home remodeling costs under control.

This is one of the better guides I've seen, and I was a pleasantly surprised by the practical and actionable information in this one, so I'll give you a rundown on the topics it covers and I'll show you how to download a free copy for yourself.

Whether you primarily take the DIY path, or hire a company like Eagle to help you remodel your home, the costs on major projects can easily run to amounts over $50,000 so you really need to do your research and plan well.

By the way, if you do opt to DIY a major project, the eBook states that "20% of DIY projects end in hiring a licensed professional" - I couldn't find an official source for that percentage, however many of my family members come from the home building and remodeling industry, and that figure is completely believable based on what I've seen myself.

Before we get to the details of the eBook, here are some effective ways you can keep your home remodeling costs down:

Increase Efficiency, Not Size

If you can reorganize your kitchen and equip it for maximum utility, you may not need to knock out any walls to gain square footage. You can start by replacing space with things like cabinets, hardware or other minor details that make a huge difference in your kitchen. The cost to expand by an extra 200 square feet is anywhere between $48,000 and $95,000. You will save thousands this way.

Natural Light Instead of Windows

Bring in natural light without adding windows. Consider less invasive and less expensive ways of capturing light. You could install a natural light, LED tube which slips between roof rafters, contact Chase Construction North West to help with making sure your roof is secure enough for the lighting. Light will then shine down into the living space. The cost of a double pane window is $1,500. You can expect the cost to install and purchase the light tube to be around $500.

Do Your Own Demolition

Knocking down walls may not be as costly as rebuilding, but you can still shave dollars by doing it yourself as long as you proceed with care and get all of the necessary building permits. The cost to demolish a 200 square foot deck yourself is about $450. The cost to have a professional come and do it will be about $1,000.

Limit Recessed Light Fixtures

The more recessed light you put in, the more it’s going to cost. In addition to the fixtures, there is the cost of labor to cut all the holes and insulate them properly. Furthermore, most places will only use their own parts which will cost a lot more than if you were to purchase the parts yourself. A wall or ceiling mounted light can also deliver more wattage, which means you may not be able to get away with fewer fixtures. The cost to install lights is about $900. The cost to install one surface - mounted fixture of equal wattage is about $300.

Make Sweat Equity Count

Unless you have loads of time to spend on your project, the best way to add sweat equity is to dig in and start helping out. You can help insulate, sand and paint walls to help save on costs. Why pay someone to sweep sawdust off the floor when you can do it yourself?

About the eBook

Here are some of the most important sections:

  • The First Step: this contains a very useful example checklist to run through before a kitchen remodel
  • Do It Yourself Dilemma
  • Handyman vs. Contractor
  • What to Expect when Hiring a Contractor
  • Living Circumstances During a Remodel
  • Budgeting for the Unexpected
  • Cutting Corners and Costs
  • Remodel Timeline: Start to Finish
  • Estimate Cost of a Remodel

The writing style is quite accessible, and it uses the device of following a typical American household as they plan a complete kitchen remodel.

For more information download the free kitchen remodel guide.