When you’re planning the budget for your home remodel, it’s helpful to know what the cost per square foot to remodel will be. Remodeling and room addition costs can be calculated quickly and simply by finding a formula for the cost per square foot. When you’ve worked out this basic cost, it becomes much easier to plan how extensive your home remodeling project can be, especially if you’re working within a tight budget.
There are many different variables that will affect the cost per square foot to remodel, ranging from something basic like the type of materials you wish to use to what area of the country you live in! And we’re not talking about small sums here, either – if the difference in cost per square foot is between $100 to $700 then we could be talking tens of thousands of dollars difference in the cost of your remodel.
A good rule of thumb is that a typical cost per square foot to remodel is between $100 and $300 but can easily climb to $500 and more for kitchens and bathrooms. Your choice of materials, flooring, finishes and fixtures will largely drive the cost of your remodel.
Home addition costs per square foot will also be affected by more wildcard factors, such as the part of the country you live in. Materials may cost much more in some areas than others, and this can vary from state to state.
Even the time of year you choose to remodel will have an impact on the cost per square foot of a remodeling project. When you hire contractors during slower work periods, you’re likely to get a reduced rate and therefore you can factor that into your cost estimate.
If you are able to carry out some of the work yourself, you will also lower your costs. This doesn’t have to be complex building work, but can be as simple as:
- Clean up
- Painting and wallpapering
So, now that you have a realistic estimate of the cost per square foot to remodel, you can see that there are many factors to take into account that could drastically affect the cost. To help you plan your remodel, download our FREE Planese remodeling app and get help every step of the way with your remodeling project.