When your home is just tired and dated, you may be tempted to just remodel the entire thing. Well, if you’re curious as to what that will cost, this guide will help you get an understanding of what to expect with the extent and features, using different Charlotte, NC, neighborhoods as reference points. As you begin to work with an accredited custom home remodeler, use these costs as a basis.
The cost ranges listed below are examples taken from the Remodeling Magazine Cost vs Value Report and divide the remodel costs into the midrange and upscale. Of course, for real homeowners, finish grades will likely vary across rooms, which explains the wide range. This guide is a good starting point, but be sure to contact your custom home remodeler for a more personalized estimate.
Also, the example remodels below include adding a full bathroom, adding an entire primary suite with a walk-in closet and full luxury bathroom, a major remodel of the kitchen, and a complete remodel of another full bathroom. These are very complex remodels and additions. So, when you remove just one room, the price will drop significantly.
What room costs the most when renovating a house? That would be adding a primary suite; which can easily range from $200K all the way to $800K, depending on the finishes, size, and amenities. The costs mentioned here include adding a suite rather than just remodeling a suite, which is important to keep in mind.
To keep the list concise, we included some basic exterior updates that go a long way in boosting the curb appeal of your home and making it more energy efficient. The updates include replacing the garage door, adding a wooden deck, adding new wooden windows, replacing old siding with fiber cement siding, and replacing the main entry door and casing.
To give you a better idea of the different costs across the city for whole home remodels, we’ve sampled some of the most popular Charlotte neighborhoods, their average home prices, and what a whole home remodel might cost given the information above.
Homes in the Southpark neighborhood reach up to nearly $6M but the average price is around $900K and $368 per square foot. Whole home renovations in this area that include remodeling a full bathroom and the kitchen, adding a complete primary suite, and adding an additional bathroom would range from $590K for all midrange finishes to $1.2M for upscale finishes across the board. To include exterior remodeling in your project, the cost may be around $125K more.
In Lansdowne, homes have a very wide range from about $205K to $3M, with the average home costing around $825K, or about $260 per square foot. A whole home remodel at the midrange could cost around $500K up to $1M for the fully upscale remodel. Add the exterior updates for around $106K.
The homes of Beverly Woods range from $360K to $2.8M but average around $715K, or $305 per square foot. A midrange whole home remodel could cost about $480K and the upscale remodel will cost around $990K. Include an exterior remodel for an additional $100K.
The neighborhood of Mountainbrook features larger homes. The range of home prices are from $725K to $3.7M but average at $1.3M, or $305 per square foot. For a midrange whole home remodel, expect the cost to be near $560K; and for upscale, $1.2M. Add to your cost around $120 for exterior remodeling.
You might be wondering what’s included in each room in the whole home remodel numbers. The Cost vs Value Report specifies certain changes that help to calculate the costs. Here is the breakdown of each room and the updates that are factored into the estimates.
The midrange primary suite addition includes all the features you’d expect, like a walk-in closet, a bathroom with double vanity and separate tub and shower, a commode closet, and a bedroom.
The upscale primary suite is much larger, with a bedroom that includes a sitting area with a fireplace and even a wet bar. You’ll also enjoy a private entry hallway and extra soundproofing to make your quiet escape quiet. The bathroom is also larger with separate vanities, a free-standing tub, and a walk-in closet. The finishes in the upscale version are also high-end, like marble, custom stone tile, and high-end flooring.
Your midrange bathroom addition or remodel will include the basic three-piece features: a bathtub/shower combo, commode, and sink. The finishes will also be midrange, like ceramic tile and a laminate countertop.
An upscale bathroom remodel or addition consists of expanding or adding the space, using upscale fixtures and finishes, and a separate tub and shower. The vanity is topped with natural stone, the shower has a glass enclosure, and custom storage offers more than your typical single vanity.
A major kitchen remodel involves fully changing the layout, installing new cabinetry, changing the fixtures and countertops, new flooring, and all new appliances.
An upscale remodel of your kitchen will feature much finer finishes, like marble counters and backsplash, all-new custom wood cabinetry, an island, high-end appliances, and even an open floor plan if there wasn’t one in the home beforehand. You’ll also enjoy new, high-end fixtures and custom lighting.
The timeline for remodeling your whole home can vary depending on whether you’re adding onto your home, remodeling the space you already have, and the size of your home. Given these factors and many others, your whole home remodel can take anywhere from nine to fourteen months.
The design phase varies depending on the client and how many meetings and design interactions it takes to get the design just right. Not to mention, if there are challenges, such as a weather event or unexpected issues with wiring or plumbing, this can also create unexpected delays. Be sure to ask your home remodeler about timeline expectations and how they typically handle unexpected delays.
The best way to get a more specific estimate on how much a whole home remodel will cost is to contact a professional home remodeler. Remodeling your whole home is no small job, so you’ll want to be sure you’re hiring a contractor with the skills, experience, organization, and communication to get the job done, within your budget and on time, like Hopedale Builders. Hopedale Builders is a custom home builder and remodeler in Charlotte, NC, that has served the area for decades. Contact us today to start the discussion about your whole home remodel.