Regarding Real Estate LLC
If you’re planning a home renovation, the first thing you should do is draw up a budget for remodeling. House cost can vary depending on the project, but remodeling costs can be estimated accurately as long as you include all the major factors.
Price per square foot, electrical or plumbing work, load bearing walls - all of these things play a part in your total remodeling cost. So, how can you figure out an estimate?
A full renovation may cost you anywhere from $10,000 to $500,000 - though $500,000 tends to be for larger and luxury properties. Depending upon the construction characteristics, price changes can be drastic. Final costs are usually dependent on the structural repair or mechanical work done in the home, as well as the home’s condition, location and materials used.
Remodeling projects will generally be classified in three different categories: high-end, medium-range and lower end depending on the type of design. The difference between these three categories is primarily the building materials used. However, major structural changes can also affect remodeling cost.
Many homeowners might prefer to remodel a single room rather than the entire home. These upgrades can yield higher return on investment by boosting the resale value of your home.
Bathroom and kitchen remodels are the most common. The cost for each varies greatly on the materials and square footage. Also, if you include an entirely new set of appliances in your remodel, it will also affect the cost.
Certain features and styles come with a higher price tag, too. For example, farmhouse style sinks and butcher block countertops are considered high-end renovation items.
It’s important to acknowledge the possibility of unexpected expenses during a home renovation project. Increased labor costs due to delays and last-minute building material changes are just a couple of examples.
Also, you may discover a more serious structural issue once you begin a cosmetic remodel. Structural repairs and remodels will increase your timeline and stretch your budget, so it’s important to have a thorough understanding of your project before you get started.
The best way to get an accurate estimate for the cost of your remodel is to shop contractors for a quote. The more preparation you can do, the more successful and affordable your project will be.
Johnna grew up in Amherst NH and still has strong ties to the Amherst & Mont Vernon Communities. Johnna moved to Manchester at 19 when she purchased her 1st home. She has resided in the West Side of Manchester since 2007. Always having a strong interest in real estate, Johnna and her husband, Jeff, started investing in rental properties in 2017 with the purchase of a 2 bedroom condo in Manchester. They now own 10 properties with the goal of growing to 60 total rental properties. In 2020 Johnna and Jeff started adding short term rentals to their portfolio focusing in the NH Lakes Region and Southern Maine Coast. Johnna achieved Airbnb Super Host and VRBO Premier Host status within the first year.
From May to October Johnna divides her time between Manchester, NH and her beach cottage in Wells Maine. Johnna’s extensive experience with both long term and short-term rental properties makes her the ideal real estate agent to help you start or build your real estate investment portfolio. Johnna works with a lot of home owners selling their homes and buying homes simultaneously and also sellers relocating out of the area.
Johnna prides herself in being hard working, dependable and down to earth. In her free time, she enjoys reading, jigsaw puzzles and spending time outdoors with her husband, dogs and friends.
