Understanding the Real Cost of Home Improvement Projects in the Desert

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It can seem simple to start a home improvement project here in the Desert. There are plenty of  “reality” TV shows showing you how to buy, fix and flip; you may think it will only take a few days and a few thousand dollars to make major changes. However, the facts may be different.

Doing a Complete Home Remodel

While it’s not common for homeowners to do a complete remodel of a house, those who purchase a fixer-upper may find that that is exactly what they have to end up doing. The average cost of a complete remodel is $192,724, and many people end up going over their budget. The issue with cost is that almost all remodels are done by hired contractors.

Kitchen

One of the most popular areas to update is the kitchen. That’s a good thing because it also adds a lot to the resale value of the property. However, it can also cost quite a bit to update, especially if you add high-end features. The average cost for a remodel is around $25,000, but it can be about half of that for houses that cost less than $300,000.

Bathroom

The bathroom is the most common area in the house to be remodeled and often the most affordable. If you stick with features that are found in the neighborhood, you’re likely to recoup much of the cost when you decide to sell. Expect to spend about $10,000 for a complete bathroom remodel.

Media Room

A media room is usually uncommon for median-priced homes; you expect to see them in homes that are priced over a million dollars and are considered a luxury more than a necessity. However, even with high end electronics and features, it will only cost around $9,500 to renovate a room and convert it into a media room.

80396 Pebble_HR_104Patio

Adding or updating a patio is very popular in areas that enjoy beautiful year-round weather. Remodeling a patio may include landscaping the yard as well creating an oasis or entertainment area. The cost of an upgrade or renovation is usually in keeping with the price of the home; properties over $1 million spend more on their patio or deck and outdoor living space.

Whether you just purchased and want to fix up your new home here in the Desert, preparing your home to list, or just want to renovate, it’s important to understand the costs associated with redesigning vis-à-vis the benefits when it comes time to sell. This allows you to make the right decision on what you can live with and what you can’t live without.

If you are thinking about a remodel, redesign, or reorganizing;
then I am your redesign professional!

If you are considering selling your property,
and you think it needs staging; I am your neighborhood professional!

Call me at 760.567.7282!

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