How Much Does a Home Renovation Cost?

Planning a home makeover? Whether you’re dreaming of a full-scale remodel or just updating a single room, understanding home renovation costs is a crucial first step. But exactly how much does it cost to renovate a house? The answer depends on the size and scope of your project, your location, and the finishes and materials you choose.

From small upgrades to complete overhauls, let’s break down the estimated pricing and other factors that go into house renovation costs so you can start planning with confidence.

Small renovation projects: $5,000 – $20,000

Smaller renovations usually include cosmetic upgrades or improvements to a single area. These might not require structural changes or major construction work.

Examples:

• Painting and new flooring
• Updating light fixtures
• Minor kitchen or bathroom updates
• Replacing doors or windows

Even minor updates can go a long way in improving your home’s appearance and functionality. If you’re looking for bathroom remodel financing or a loan for a small kitchen update, there are tailored options available to support your budget.

Medium renovation projects: $20,000 – $75,000

A mid-range renovation might include partial remodels of kitchens, bathrooms, or basements, and may involve moderate layout changes or appliance upgrades.

Examples:

• Kitchen remodel with new cabinets and countertops
• Bathroom remodel with upgraded tile and fixtures
• Basement finishing or laundry room updates
• Replacing a roof or major home systems

These projects significantly boost your home’s value and comfort. Interested in kitchen remodel loans, roofing loans, or general home renovation loans? HFS Financial can help you explore financing options with competitive rates and flexible terms.

Large renovation projects: $75,000 – $200,000+

Larger-scale renovations may involve multiple rooms, structural changes, or complete home remodels. These projects typically require professional design and construction teams.

Examples:

• Whole-house remodels
• Adding an extension or second story
• Major structural repairs or layout changes
• Luxury kitchen and bathroom renovations

Wondering how much to remodel a house at this scale? Costs can vary widely depending on the scope, materials, and labor. However, financing your renovation doesn’t have to be overwhelming. With access to high-amount home renovation loans, you can take on ambitious projects with confidence.

What influences house renovation costs?

Several factors affect the total cost of a renovation:

• Location – Labor and material costs vary regionally.
• Size of the home – More square footage usually means higher expenses.
• Type of renovation – Cosmetic vs. structural updates have very different costs.
• Material quality – High-end materials and finishes increase the budget.
• Labor – Hiring skilled professionals affects the bottom line but ensures quality results.

Ready to start your renovation?

Understanding home renovation costs helps set realistic expectations for your next project. Whether you’re tackling a small update or a full home transformation, HFS Financial can match you with the right loan for your needs. Explore financing for kitchen remodels, bathroom renovations, roof replacements, and more.

Check your rate now (with no effect on your credit) to get started with your home renovation!