Home Remodels
Our mission is to transform your home into a space that truly reflects your style and needs. At Cooney Homes, we understand that every project is unique, and so is every budget. Our goal is to work with you to create a space that fits your lifestyle and financial plan. Whether you’re remodeling a bathroom, expanding your home, or building new, we’re here to guide you every step of the way.
Today, we want to walk you through how to budget for different types of home remodeling projects, from a simple bathroom remodel to building an entirely new addition to your home or even starting a new construction project.
We’ll cover typical costs, considerations, and strategies to ensure your project stays within budget while delivering the quality you expect. Let’s dive in!
Bathroom Remodel:
Let’s start with a bathroom remodel, one of the most common projects homeowners undertake. In Florida, the cost of a bathroom remodel can vary significantly based on the size of the bathroom, the materials chosen, and the complexity of the work.
- Budget Remodel: If you’re looking for a basic refresh, you might spend between $5,000 and $10,000. This would cover new fixtures, a fresh coat of paint, and updated flooring.
- Mid-Range Remodel: A mid-range remodel, including new countertops, cabinetry, and a walk-in shower, could range from $10,000 to $20,000.
- High-End Remodel: For a luxurious bathroom experience with features such as custom tile work, a freestanding tub, and high-end fixtures, expect to invest $20,000 to $40,000 or more.
Recent Bathroom Remodel Galleries
See the links below showing recent projects completed with their respective budgets and costs:
- https://app.companycam.com/galleries/x8iqnNkd Budget – $75,000.00 – Actual Cost $68,750.00
- https://app.companycam.com/galleries/12AZgHuG Budget – $35,000.00 – Actual Cost $42,600.00
- https://app.companycam.com/galleries/pMDSgyTF Budget $18,000.00 – Actual Cost $17,350.00
- https://app.companycam.com/galleries/cvPk5bXe Budget $90,000.00 – Actual Cost $87,340.00
To stay within budget, prioritize your must-haves and be flexible with the rest. Also, always factor in a 10-15% contingency for unexpected expenses.
Kitchen Remodel:
Let’s move on to the kitchen, the heart of your home. Kitchen remodels can also vary widely in cost, depending on the size of your kitchen and the finishes you choose.
- Budget Remodel: For a basic update, including new countertops, refaced cabinets, and updated appliances, costs typically range from $15,000 to $30,000.
- Mid-Range Remodel: A more extensive remodel, with new cabinetry, flooring, and mid-range appliances, can range from $30,000 to $60,000.
- High-End Remodel: If you’re dreaming of a gourmet kitchen with custom cabinetry, high-end appliances, and premium finishes, you could spend $60,000 to $100,000 or more.
Again, to manage costs, focus on the elements that will make the biggest impact and consider where you can save, like opting for semi-custom cabinets instead of fully custom ones.
Recent Kitchen Remodel Galleries
See the links below showing recent projects completed with their respective budgets and costs:
- https://app.companycam.com/galleries/yHikpvq1 This was a whole home remodel, and the customer’s budget was $100,000.00. The kitchen cost came in just under $62,000.00.
- https://app.companycam.com/galleries/ukVEPvA2 There was water damage in the kitchen due to a faulty dishwasher. We remodeled the kitchen with new tile on the first floor. The budget was $70,000.00, and the kitchen cost came in just under $55,000.00.
- https://app.companycam.com/galleries/MXk4jiPv This was a kitchen remodel, and the customer’s budget was $55,000.00. The customer upgraded their cabinet line to fully customize their space. The final project cost $78,000.00.
Full Home Renovation
Next, let’s talk about a full home renovation. This is where things get more complex, and costs can add up quickly.
- Basic Renovation: If you’re looking to update your home with fresh paint, new flooring, and minor upgrades throughout, you might spend $50,000 to $100,000.
- Extensive Renovation: For a full renovation that includes structural changes, new electrical and plumbing systems, and high-end finishes, costs can range from $100,000 to $300,000.
- Luxury Renovation: For a complete overhaul with luxury finishes, custom work, and the latest technology, you could be looking at $300,000 to $500,000 or more.
Recent Home Renovation Galleries
See the links below showing recent projects completed with their respective budgets and costs:
- https://app.companycam.com/galleries/xUcmEm4A This was a whole home remodel, and the customer’s budget was $225,000.00. The project’s final cost was $220,000.00
- https://app.companycam.com/galleries/ukVEPvA2 There was water damage in the kitchen due to a faulty dishwasher. We remodeled the kitchen with new tile on the first floor, new drywall, and paint. The customer’s budget was $90,000.00, and the project cost came in at just under $85,000.00.
- https://app.companycam.com/galleries/n9c9gVre This was a whole home remodel. The customer’s budget was $250,000.00, and the project’s final cost was $268,000.00. We have original video walkthroughs of the space if you wish to see them. The customer added exterior work after the project start date, which is why we exceeded the budget.
Given the scope of these projects, it’s crucial to have a detailed plan and a clear vision. Work closely with your contractor to identify areas where you can optimize your budget without compromising on quality.
New Construction / Home Additions:
Home Addition
Now, if you’re considering expanding your home, an addition can be a great way to increase your living space without moving. However, additions are among the most expensive remodeling projects.
- Basic Addition: A simple room addition, like a new bedroom or living space, might cost $20,000 to $50,000.
- Mid-Range Addition: For a more complex addition, such as a master suite or a family room with extra amenities, expect to spend $50,000 to $100,000.
- High-End Addition: If you’re adding significant square footage with custom features and high-end materials, costs can range from $100,000 to $200,000 or more.
When budgeting for an addition, it’s important to consider not just the cost of the construction but also the potential impacts on your home’s value, your property taxes, and utility costs.
New Construction
Finally, let’s talk about new construction. Building a new home from the ground up offers unparalleled freedom but requires careful financial planning.
- Basic New Construction: For a basic, no-frills home, costs in Florida can start around $150 to $200 per square foot, meaning a 2,000-square-foot home could range from $300,000 to $400,000.
- Mid-Range Construction: For a more customized home with upgraded finishes and materials, expect to spend $200 to $300 per square foot. So, a similar 2,000-square-foot home would cost between $400,000 and $600,000.
- Luxury Construction: For a high-end custom home with all the bells and whistles, costs can soar to $300 to $500 per square foot or more, putting a 2,000-square-foot home in the $600,000 to $1 million range.