by | May 8, 2024

2024 Guide: Cost to Renovate Entire House & Save Big



If you’re exploring the cost to renovate an entire house, understanding the financial aspects upfront is crucial. Renovations can range significantly based on the scope and quality of materials used. Here’s a quick snapshot:

  • Minor Updates: Starting around $15,000
  • Mid-Level Renovations: Typically between $45,000 and $75,000
  • Major Overhauls: Can exceed $150,000

Whole home renovation involves numerous variables, each adding complexity and cost. From simple cosmetic updates to comprehensive overhauls including structural changes, the extent of your renovation directly influences the budget.

When planning financially for a renovation, consider both the obvious costs like materials and labor, and the hidden ones such as permits and unexpected repairs. Establishing a well-thought-out budget is essential to prevent cost overruns and ensure your renovation meets both your aesthetic and financial expectations.

Detailed infographic showing average costs for whole home renovations, breaking down costs by room, materials used, and additional unforeseen expenses typically encountered during renovations - cost to renovate entire house infographic pillar-3-steps

Understanding the Cost to Renovate Entire House

Renovating your home can be a rewarding but complex process, influenced by various factors that affect the overall cost. Let’s break down what you can expect financially when you decide to undertake a full home renovation.

Square Footage

The size of your home plays a crucial role in determining the cost to renovate the entire house. Typically, you can expect to spend anywhere from $10 to $60 per square foot depending on the nature of the renovations. Simple updates may lean towards the lower end, while extensive remodels with high-end finishes can reach or exceed the higher range.

High-end vs. Midrange vs. Low-end

Renovations can generally be categorized into three types:

  • High-end: This includes major renovations with designer materials, top-of-the-line appliances, and possibly structural changes. Costs can soar above $200 per square foot.
  • Midrange: These renovations use quality, durable materials and good craftsmanship. Think of a full kitchen or bathroom remodel with mid-tier materials, costing between $60 to $150 per square foot.
  • Low-end: Often limited to cosmetic updates like painting, small repairs, or upgrades like new fixtures. Costs for these are usually below $60 per square foot.

ROI (Return on Investment)

Considering ROI is crucial, especially if you plan to sell your home in the future. Projects like replacing garage doors or minor kitchen remodels can offer a return of up to 99% of your investment, making them financially sensible choices. Conversely, adding a luxury master suite might offer a lower ROI but could be the right choice for your lifestyle and long-term plans in the home.

Gut Renovation

A gut renovation, where you strip the house down to its structural elements and rebuild, can be the most costly. This type of renovation often involves new plumbing, electrical systems, HVAC, and possibly structural changes. Costs can range from $60 to $150 per square foot. It’s a significant investment but necessary for homes with severe structural issues or outdated systems.

Interior Renovation

Focusing on the interior, costs can vary widely based on the extent of the work. Removing and replacing old flooring, updating electrical fixtures, and repainting walls are typically less expensive than moving walls or changing the overall layout of the house. Interior renovations can cost anywhere from $1,063 to $4,905 on average, but extensive remodels might reach or exceed $20,000.

In summary, understanding the cost to renovate an entire house involves considering the size of your home, the scale of renovations, and the quality of materials used. It’s also important to think about the potential ROI of your renovations, especially if you plan to sell in the future. Whether you opt for a high-end, midrange, or low-end renovation, each has its own set of costs and benefits that should align with your overall goals and budget.

Key Factors Influencing Renovation Costs

When planning a whole home renovation, several key factors play a crucial role in determining the overall costs. Understanding these can help you better prepare and budget for your project.

Labor Costs

Labor is often one of the most significant expenses in any home renovation project. Rates can vary widely depending on the region, the complexity of the work, and the expertise of the contractors involved. Metropolitan areas generally have higher labor costs compared to rural locations. For example, cities like New York and San Francisco might charge more due to the higher cost of living and the specialized skills required for certain renovations.


The choice of materials can drastically affect your renovation budget. Prices for wood, steel, concrete, and other construction materials can fluctuate based on market conditions and regional availability. Opting for high-end finishes like granite countertops or custom cabinetry will also drive up costs. It’s important to choose materials that balance cost, durability, and aesthetics to meet your renovation goals.


Permits are essential for ensuring that your renovation complies with local building codes and regulations. The cost and requirements for permits can vary by location and the scope of your project. Major structural changes, like adding extensions or knocking down walls, typically require more permits, which can increase costs. Always check with your local building authority to understand the necessary permits for your renovation.

Home Age

Older homes may require more extensive renovations to address structural issues, outdated plumbing, or electrical systems. As mentioned earlier, renovating a 100-year-old house can uncover unexpected challenges like old wiring or asbestos, leading to higher costs. It’s crucial to have a thorough inspection done before purchasing or renovating an older home to estimate potential renovation expenses accurately.

Floor Plan Changes

Altering the floor plan of your home can be costly, especially if it involves structural changes such as removing load-bearing walls or adding new rooms. These changes often require hiring architects or structural engineers to ensure the safety and feasibility of the renovations, adding to the overall cost.

Geographic Location

As highlighted earlier, your home’s location significantly impacts renovation costs. Labor and material costs vary depending on whether you live in a city or a rural area. Additionally, some regions have stricter building codes that can affect the type of materials used and the overall design of the renovation.

Understanding these key factors will help you navigate the complexities of home renovation and aid in managing your budget effectively. By considering these elements, you can plan a renovation that meets your needs while staying within your financial limits.

Room-by-Room Renovation Costs

When considering the cost to renovate an entire house, it’s helpful to break down expenses by individual rooms and structural elements. This approach allows for a detailed understanding of where your budget will be allocated and helps in making informed decisions on where to splurge and where to save.

Kitchen Renovation

The kitchen is often referred to as the heart of the home, and it’s also one of the most expensive areas to renovate due to the complexity and variety of work involved.

  • Appliances: The price can vary significantly; a basic refrigerator might cost as little as $600, while a high-end model can exceed $2,000. The total for all appliances can range from $3,000 to over $15,000 depending on brands and technology.
  • Cabinets: Stock cabinets might cost around $100 per linear foot, semi-custom units can run from $150 to $650 per linear foot, and custom cabinets can easily exceed $1,000 per linear foot.
  • Countertops: Laminate countertops might start around $10 per square foot, whereas granite, quartz, or marble can range from $40 to $100 per square foot installed.

Bathroom Renovation

Bathrooms, while typically smaller, can be tricky due to plumbing and the need for durable, moisture-resistant materials.

  • Plumbing: Major plumbing changes can cost between $1,000 and $5,000, depending on the complexity of the project.
  • Fixtures: Basic fixtures like toilets and sinks can cost a few hundred dollars, but high-end or designer fixtures can run into the thousands.
  • Flooring: Ceramic tiles might cost $1 to $15 per square foot, while higher-end materials like natural stone could cost $20 per square foot or more.

Bedroom and Living Spaces

These areas often require less technical work than kitchens and bathrooms, focusing more on aesthetics and comfort.

  • Flooring: Hardwood floors can cost $6 to $12 per square foot, while carpeting might range from $3 to $5 per square foot.
  • Lighting: Basic fixtures can cost as little as $100, but designer lighting or integrated smart home systems can increase costs significantly.
  • Paint: A typical room might cost $200 to $800 to paint, depending on the quality of the paint and the size of the space.

Exterior and Structural Improvements

These improvements are crucial as they impact the integrity and energy efficiency of your home.

  • Roof: Replacing a roof can cost $5,000 to $10,000 for asphalt shingles and more for materials like metal or slate.
  • Siding: Vinyl siding costs around $3 to $12 per square foot, while materials like wood or fiber cement can cost $5 to $20 per square foot.
  • Windows: Replacing windows can range from $300 to $700 per window for standard sizes and materials, but special sizes or materials can increase costs.
  • HVAC: Installing a new HVAC system typically costs between $5,000 and $10,000, depending on the system’s size and complexity.

Each room and structural component presents unique challenges and costs. By understanding these details, you can better allocate your budget to match your renovation goals and priorities. As we move into discussing how to finance these renovations, keep these cost breakdowns in mind to plan your funding strategy effectively.

Financing Your Whole Home Renovation

Financing a whole home renovation can be daunting, but understanding your options can help you make the best decision for your financial situation. Here are some common ways homeowners fund their renovations:

Home Equity Loan

A home equity loan gives you a lump sum based on the equity you have in your home. This is a great option if you know the exact cost to renovate entire house and need all the money at once. The interest rates are usually fixed, making budgeting easier.

Home Equity Line of Credit (HELOC)

A HELOC works like a credit card but with your home as collateral. It offers flexibility since you can draw money as needed during your renovation. This is ideal if your project costs may vary over time. The interest rates on HELOCs are variable.

Cash-out Refinance

With a cash-out refinance, you refinance your home for more than you owe and take the difference in cash. This can be a good choice if current mortgage rates are lower than your existing one. However, it’s important to consider the closing costs involved.

Home Improvement Loan

A home improvement loan is not secured by your home, which might be appealing if you don’t want to use your house as collateral. These loans can be easier to obtain but often come with higher interest rates than those secured by home equity.

Financing Options Chart - cost to renovate entire house

Each of these options has its pros and cons. For example, home equity loans and HELOCs often have lower interest rates because they are secured by your home, but they also carry the risk of foreclosure if you can’t make the payments. On the other hand, home improvement loans pose no such risk to your home, but might come with higher rates.

Choosing the right financing option depends on your financial situation, how much you need to borrow, and your comfort level with risk. It’s wise to compare offers from several lenders to find the best rates and terms.

As you consider these options, also think about the long-term impact on your finances and home equity. Properly financing your renovation can not only help you achieve your dream home but also manage your budget effectively. Now, let’s explore how you can save money on your home renovation.

Saving Money on Your Home Renovation

Renovating your entire house can be a hefty financial undertaking. However, there are strategic ways to reduce costs without compromising on quality. Here’s how you can save money during your home renovation:

DIY Projects

Engaging in DIY projects can significantly cut costs, especially for tasks like painting, simple carpentry, or basic landscaping. These are low-risk but high-impact tasks that can transform spaces without needing professional skills. However, remember to avoid DIY for complex systems like plumbing or electrical work, which require professional expertise to ensure safety and compliance with local codes.

Contractor Quotes

Obtaining multiple contractor quotes is crucial. Aim to get at least three bids from different contractors to compare prices and scope of work. This not only gives you a better understanding of the prevailing rates but also leverages competitive pricing, helping you negotiate better terms. Ensure that these quotes are detailed so you can see exactly what you are paying for.

Budget Materials

Choosing budget-friendly materials can also help manage costs effectively. For instance, opting for laminate countertops instead of granite or quartz can offer a similar aesthetic at a significantly lower price. Similarly, consider looking for sales or discontinued models when purchasing fixtures and appliances. These items are often discounted but still in great condition.

Federal Grants

Investigate potential federal grants available for home renovations. Some government programs offer financial assistance for energy-efficient upgrades or renovations that improve home safety. These grants can reduce your out-of-pocket expenses and make certain costly upgrades more attainable.

By implementing these strategies, you can make the cost to renovate an entire house more manageable. Each option not only offers a way to save money but also helps you maintain control over your renovation budget. Moving forward, let’s look into some frequently asked questions about whole home renovations to clarify any further concerns you might have.

Frequently Asked Questions about Whole Home Renovation

Is it cheaper to remodel or build new?

Deciding whether to remodel or build new often depends on several factors including the condition of the existing home, the extent of required renovations, and local building costs. Generally, remodeling can be less expensive than building anew, especially if the structure and systems of your current home are in good condition. Renovating avoids the higher costs associated with laying a new foundation and constructing a new frame. However, if the existing home requires extensive repairs or updates, the cost can quickly approach or even exceed that of building a new home.

What projects have the highest ROI?

When considering renovations, it’s beneficial to know which projects might give you the best bang for your buck. Replacing garage doors, roofs, and windows, as well as updating siding, tend to yield the highest Return on Investment (ROI), with garage door replacements leading at up to 99%. Kitchen and bathroom remodels follow closely, offering significant value increase to your home. These areas often serve as key decision points for potential buyers and can dramatically increase a home’s marketability and value.

How long does a whole house renovation take?

The timeline for a whole house renovation can vary widely based on the scope of the project, availability of materials, and the efficiency of your contractors. Typically, a full home renovation can take anywhere from two to eight months. This duration can extend due to unforeseen delays such as issues with material shipments, challenges in obtaining necessary permits, or unexpected structural problems discovered during the renovation process. For extensive renovations, especially those involving structural changes or after significant damage like a fire or flood, the timeline can extend further, often requiring additional approval and inspections from insurance providers or local authorities.

By understanding these aspects, you can better plan and execute your renovation project, ensuring that it aligns with your budget and timeline expectations while maximizing potential returns on your investment. Moving forward, let’s explore the specific costs associated with different types of room renovations.

Conclusion: Cost to Renovate the Entire House

At Norman Builders, we understand that renovating your entire home is not just about addressing structural needs or updating styles; it’s about crafting a space that perfectly reflects your personality and lifestyle. That’s why we focus on delivering personalized service and exceptional craftsmanship in every project we undertake.

Personalized Service

We believe that every renovation project is as unique as the homeowner. From the initial consultation to the final walkthrough, our approach is tailored to meet your specific desires and requirements. Our team takes the time to listen to your vision and goals for the renovation, ensuring that every detail aligns with your expectations. This personalized service helps in creating a seamless and enjoyable renovation experience, fostering a trusting relationship that lasts beyond the completion of your project.

Exceptional Craftsmanship

Our commitment to craftsmanship is evident in the meticulous attention to detail and the use of high-quality materials throughout each phase of the renovation. Our skilled professionals are passionate about their craft, bringing years of experience and expertise to ensure that every aspect of your renovation is executed to the highest standard. Whether it’s a complex gut renovation or a simple interior update, our team is dedicated to delivering a finished product that not only meets but exceeds your expectations.

Why Choose Norman Builders?

Choosing Norman Builders means partnering with a team that is committed to quality and satisfaction. We understand that a whole home renovation is a significant investment, and we are dedicated to ensuring that your investment adds substantial value and enjoyment to your home. Our proven track record of transforming homes into beautiful, functional spaces makes us a trusted choice for homeowners looking to renovate.

We invite you to explore our whole house renovations services and discover how we can transform your current house into your dream home. With Norman Builders, your vision is our blueprint, and together, we can create a living space that you and your family will cherish for years to come.

By entrusting us with your cost to renovate entire house, you’re not just renovating your home; you’re also building a lasting relationship with a team that values integrity, quality, and customer satisfaction above all else. Let us help you bring your home renovation dreams to life with our blend of creativity, precision, and efficiency.


Comprehensive Guide to Whole Home Renovation Costs

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