{"id":54203,"date":"2021-08-23T11:31:29","date_gmt":"2021-08-23T18:31:29","guid":{"rendered":"https:\/\/www.credible.com\/blog\/?p=54203"},"modified":"2024-08-05T14:41:19","modified_gmt":"2024-08-05T21:41:19","slug":"how-much-it-costs-to-renovate-a-house","status":"publish","type":"post","link":"https:\/\/www.credible.com\/blog\/mortgages\/house-renovation-cost\/","title":{"rendered":"How Much It Costs to Renovate a House"},"content":{"rendered":"<p>With so many popular home renovation shows on TV, you might be feeling inspired to take on a remodeling project of your own. It\u2019ll take much longer than 30 minutes in real life, and it\u2019ll be a lot more stressful when you\u2019re the one hiring the contractors and making the design choices. But the results will \u2014 hopefully \u2014 be a house that looks exactly the way you want it to.<\/p>\n<p>Before you get started, though, you\u2019ll need to figure out how much your desired projects will cost and how to pay for them.<\/p>\n<p><b>Here\u2019s what you need to know about funding your next home renovation:<\/b><\/p>\n<ul>\n<li><a href=\"#how-much-renovate-house\">How much does it cost to renovate a house?<\/a><\/li>\n<li><a href=\"#how-pay-home-renovation\">How to pay for a home renovation<\/a><\/li>\n<li><a href=\"#home-renovation-cost-room\">Home renovation cost by room<\/a><\/li>\n<li><a href=\"#cost-renovate-square-foot\">Cost to renovate a house per square foot<\/a><\/li>\n<li><a href=\"#factors-affecting-price-renovation\">Main factors affecting the price of the home renovation<\/a><\/li>\n<li><a href=\"#consider-purpose-renovation\">Consider the main purpose of the renovation<\/a><\/li>\n<li><a href=\"#how-increase-homes-value\">How do I increase my home\u2019s value?<\/a><\/li>\n<li><a href=\"#is-cheaper-remodel-build\">Is it cheaper to remodel or build?<\/a><\/li>\n<li><a href=\"#can-renovate-house-50k\">Can you renovate a house for $50k?<\/a><\/li>\n<li><a href=\"#can-renovate-house-100k\">Can you renovate a house for $100k?<\/a><\/li>\n<\/ul>\n<p><a name=\"how-much-renovate-house\"><\/a><\/p>\n<h2>How much does it cost to renovate a house?<\/h2>\n<p>Your final cost will ultimately depend on a number of different factors, including the type of project you want to take on, the materials and labor you use, and your location.<\/p>\n<p>The following estimated remodeling costs are based on a city with an average cost of living (we used Atlanta for this example) and actual project cost data from home renovation websites <a href=\"https:\/\/www.houzz.com\/remodeling-costs\">Houzz<\/a> and <a href=\"https:\/\/www.homeadvisor.com\/cost\/\">HomeAdvisor<\/a>.<\/p>\n\n<table id=\"tablepress-793\" class=\"tablepress tablepress-id-793 table table-border-top table-rounded table-no-img-margin table-capitalized-column-titles\">\n<thead>\n<tr class=\"row-1\">\n\t<td class=\"column-1\"><\/td><th class=\"column-2\"><strong>Low-end budget<\/strong><\/th><th class=\"column-3\"><strong>Mid-range budget<\/strong><\/th><th class=\"column-4\"><strong>High-end budget<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\"><strong>Kitchen<\/strong><\/td><td class=\"column-2\">$6,000<\/td><td class=\"column-3\">$23,000<\/td><td class=\"column-4\">$76,000<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\"><strong>Bathroom<\/strong><\/td><td class=\"column-2\">$3,000<\/td><td class=\"column-3\">$10,000<\/td><td class=\"column-4\">$41,000<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\"><strong>Living room<\/strong><\/td><td class=\"column-2\">$1,000<\/td><td class=\"column-3\">$6,000<\/td><td class=\"column-4\">$28,000<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\"><strong>Bedroom<\/strong><\/td><td class=\"column-2\">$600<\/td><td class=\"column-3\">$4,000<\/td><td class=\"column-4\">$35,000<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\"><strong>Home office<\/strong><\/td><td class=\"column-2\">$700<\/td><td class=\"column-3\">$3,000<\/td><td class=\"column-4\">$12,000<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\"><strong>Basement<\/strong><\/td><td class=\"column-2\">$4,000<\/td><td class=\"column-3\">$27,000<\/td><td class=\"column-4\">$50,000<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\"><strong>Patio and landscaping<\/strong><\/td><td class=\"column-2\">$1,000<\/td><td class=\"column-3\">$5,000<\/td><td class=\"column-4\">$40,000<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\"><strong>Roofing<\/strong><\/td><td class=\"column-2\">$4,000<\/td><td class=\"column-3\">$9,000<\/td><td class=\"column-4\">$19,000<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\"><strong>Exterior painting<\/strong><\/td><td class=\"column-2\">$800<\/td><td class=\"column-3\">$3,800<\/td><td class=\"column-4\">$6,700<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n<p><b><i>Check Out: <\/i><\/b><a href=\"https:\/\/www.credible.com\/blog\/mortgages\/one-day-projects\/\"><b><i>18 Home Improvement Projects You Can Wrap Up in a Day<\/i><\/b><\/a><br \/>\n<a name=\"how-pay-home-renovation\"><\/a><\/p>\n<h2>How to pay for a home renovation<\/h2>\n<p>The least expensive way to fund a home renovation is to build up your savings and pay cash. However, many people find it difficult to amass the savings required for a major renovation because they\u2019re trying to accomplish other goals, like saving for retirement or their kids\u2019 college tuition.<\/p>\n<p>On top of that, you\u2019ll always want to have plenty of cash savings on hand for an emergency.<\/p>\n<p>Instead, people often borrow money to pay for home renovations. Borrowing can be quite affordable when you have good credit and enough <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/what-is-home-equity\/\">home equity<\/a> to borrow against.<\/p>\n<h3>Cash-out refinance<\/h3>\n<p>A <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/cash-out-refinancing\/\">cash-out refinance<\/a> replaces your existing mortgage with a larger mortgage that has a lower interest rate. Your new lender will pay off your existing mortgage, then give you the difference between your existing mortgage balance and your new loan amount in cash. You can spend this cash on anything.<\/p>\n<p><b>Pros<\/b><\/p>\n<ul>\n<li>Get a lower rate on your first mortgage<\/li>\n<li>Can be one of the least expensive ways to borrow<\/li>\n<\/ul>\n<p><b>Cons<\/b><\/p>\n<ul>\n<li>Your home is the loan collateral, meaning you could lose your home if you fail to make payments<\/li>\n<li>Closing costs can be high since you\u2019re borrowing so much<\/li>\n<\/ul>\n<p>It\u2019s smart to compare rates with multiple lenders if you decide to go with a cash-out refinance for your next home improvement. You can do this easily with Credible \u2014 you\u2019ll be able to see your prequalified <a href=\"https:\/\/www.credible.com\/mortgage-refinance\">refinance<\/a> rates in only three minutes and you don\u2019t even have to leave our platform.<\/p>\n<div class=\"basic-box\" style=\"border: 1px solid #E2E4E6;\"><div class=\"basic-box__inside\"><span style=\"font-size: x-large;\"><strong>Get the cash you need and the rate you deserve<\/strong><\/span><\/p>\n<ul class=\"list--iconArrow accent--isGreen\">\n<li>Compare lenders<\/li>\n<li>Get cash out to pay off high-interest debt<\/li>\n<li>Prequalify in just 3 minutes<\/li>\n<\/ul>\n<p style=\"text-align: center;\"><a class=\"btn btn-warning\" href=\"https:\/\/www.credible.com\/mortgage-refinance\/signup\">Find My Loan<\/a><br \/>\n<small>No annoying calls or emails from lenders!<\/small><\/p>\n<p><!-- TrustBox widget - Micro Combo --><\/p>\n<div class=\"trustpilot-widget\" data-locale=\"en-US\" data-template-id=\"5419b6ffb0d04a076446a9af\" data-businessunit-id=\"5536ec090000ff00057eebe7\" data-style-height=\"20px\" data-style-width=\"100%\" data-theme=\"light\"><a href=\"https:\/\/www.trustpilot.com\/review\/www.credible.com\" target=\"_blank\" rel=\"noopener noreferrer\">Trustpilot<\/a><\/div>\n<p><!-- End TrustBox widget --><\/p>\n<\/div><\/div>\n<p><b><i>Also See: <\/i><\/b><a href=\"https:\/\/www.credible.com\/blog\/mortgages\/refinance-for-home-improvement\/\"><b><i>Should You Refinance to Pay for Home Improvements?<\/i><\/b><\/a><\/p>\n<h3>HELOC<\/h3>\n<p>A <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/home-equity-line-of-credit\/\">HELOC<\/a> allows you to borrow against your home equity and establish a line of credit that you can borrow against as needed. While these loans usually have variable interest rates, sometimes you have the option to <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/fixed-rate-heloc\/\">lock in a fixed rate on your HELOC<\/a>.<\/p>\n<p><b>Pros<\/b><\/p>\n<ul>\n<li>Payments may be interest only at first, keeping your short-term costs low<\/li>\n<li>Closing costs are usually low, and sometimes the lender will pay them<\/li>\n<\/ul>\n<p><b>Cons<\/b><\/p>\n<ul>\n<li>Payments can grow substantially once you start repaying principal, especially if your variable rate has gone up<\/li>\n<li>A HELOC is secured by your home, so falling behind on payments could mean losing your home<\/li>\n<\/ul>\n<h3>Home equity loan<\/h3>\n<p>A <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/home-equity-loans\/\">home equity loan<\/a> lets you borrow against your home\u2019s value to receive a lump sum with a fixed interest rate. Just like a HELOC, it\u2019s a type of <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/second-mortgages\/\">second mortgage<\/a>.<\/p>\n<p><b>Pros<\/b><\/p>\n<ul>\n<li>Closing costs are usually low, and sometimes the lender will pay them<\/li>\n<li>A fixed interest rate means your monthly payments never change<\/li>\n<\/ul>\n<p><b>Cons<\/b><\/p>\n<ul>\n<li>The interest rate may be higher than what you\u2019d pay on a cash-out refinance<\/li>\n<li>You\u2019re at risk of foreclosure if you can\u2019t repay the loan<\/li>\n<\/ul>\n<h3>Personal loan<\/h3>\n<p>A <a href=\"https:\/\/www.credible.com\/personal-loan\">personal loan<\/a> is another way to borrow money for any purpose. You might take out a personal loan instead of doing a cash-out refinance or taking out a second mortgage if you want to borrow a smaller sum or prefer not to use your home as collateral.<\/p>\n<p><b>Pros<\/b><\/p>\n<ul>\n<li>A personal loan can be unsecured, so your home is not at risk<\/li>\n<li>These loans usually close in a matter of days, compared to weeks for any type of home loan<\/li>\n<\/ul>\n<p><b>Cons<\/b><\/p>\n<ul>\n<li>You may not be able to borrow as much<\/li>\n<li>The interest rate may be higher than what you\u2019d find for a secured loan<\/li>\n<\/ul>\n<p><b><i>Learn More About Another Option: <\/i><\/b><a href=\"https:\/\/www.credible.com\/blog\/mortgages\/renovation-mortgage\/\"><b><i>Renovation Mortgage: One Loan to Buy and Repair a Home<\/i><\/b><\/a><br \/>\n<a name=\"home-renovation-cost-room\"><\/a><\/p>\n<h2>Home renovation cost by room<\/h2>\n<p>The complexity of your renovation project is a big factor in its cost. Here are the changes homeowners often make when renovating a particular area of their house.<\/p>\n<h3>Kitchen<\/h3>\n<p class=\"featured-box featured-box--isGreen\"><b>Cost:<\/b> $6,000 to $76,000<\/p>\n<p>A complete kitchen remodel will give you all-new cabinets, counters, floors, <a href=\"https:\/\/onthegas.org\/major-appliances\/\">major appliances<\/a>, lighting, paint, a new sink, and more. Complex kitchen renovation projects may involve reconfiguring the space to make the layout more functional. These changes are costly, though \u2014 any project that requires extensive plumbing and electrical work will increase the final price substantially.<\/p>\n<p>On the other hand, you may be able to give your kitchen a noticeable facelift for less money by keeping your cabinet boxes and only replacing the doors instead of splurging on custom cabinetry. Skipping the tile backsplash and sticking with paint can also save you a few bucks.<\/p>\n<h3>Bathroom<\/h3>\n<p class=\"featured-box featured-box--isGreen\"><b>Cost:<\/b> $3,000 to $41,000<\/p>\n<p>To fully renovate a bathroom, you\u2019ll typically get new flooring, paint, lighting, cabinetry, countertops, mirrors, fixtures, a shower and\/or bathtub, and a toilet. Similar to a kitchen remodel, layout changes can quickly increase the cost of a bathroom remodel and may require you to gut the entire room.<\/p>\n<p>Other significant expenses include the labor associated with tile work and the cost to hire a plumber. If you don\u2019t hate your shower or you can preserve your existing cabinets, you\u2019ll reduce your costs.<\/p>\n<h3>Living room<\/h3>\n<p class=\"featured-box featured-box--isGreen\"><b>Cost:<\/b> $1,000 to $28,000<\/p>\n<p>Removing a non-load-bearing wall between the living room and kitchen to create a more open space is a popular first step in many <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/buying-a-fixer-upper\/\">fixer-upper<\/a> shows. Besides demolition, completing this project will require drywalling, texturing, and painting work, all of which can be quite affordable.<\/p>\n<p>With a larger budget, you can replace or add windows to increase natural light and improve energy efficiency. Other changes that can make a big difference include adding built-in shelving, building or refacing a fireplace, and installing hardwood flooring.<\/p>\n<h3>Bedroom<\/h3>\n<p class=\"featured-box featured-box--isGreen\"><b>Cost: <\/b>$600 to $35,000<\/p>\n<p>A bedroom can be on the less-expensive side of renovation projects. You\u2019ll typically be painting the walls, replacing the floors, and getting new light fixtures. You might add built-in shelves or cabinets, crown molding, a closet organization system, or new closet doors.<\/p>\n<p>If you have more to spend, you may want to hire an interior decorator who can help you pick out new furniture, bedding, window coverings, and accessories.<\/p>\n<h3>Home office<\/h3>\n<p class=\"featured-box featured-box--isGreen\"><b>Cost: <\/b>$700 to $12,000<\/p>\n<p>To maximize your workspace, a home office remodel may involve ditching your standalone furniture in favor of custom built-ins. With the right shelving and cabinetry, you can better organize and hide the clutter of papers, books, computers, printers, and cables. Consider hiring an electrician to add more electrical outlets and charging stations for your devices.<\/p>\n<p>Task lighting can help you work more effectively and minimize eye strain, and an ergonomic desk chair can prevent back pain from becoming a distraction. New paint, flooring, and window treatments are also important to refresh your space.<\/p>\n<h3>Basement<\/h3>\n<p class=\"featured-box featured-box--isGreen\"><b>Cost:<\/b> $4,000 to $50,000<\/p>\n<p>If you\u2019re starting with an unfinished basement, you may need to pay for waterproofing, framing, drywall, insulation, electrical, and plumbing. Budget for permits and inspections too. You may want to hire a designer for this larger project.<\/p>\n<p>Creating a large, open space will cost a lot less than a remodel, which essentially adds an entire functional floor to your home complete with separate rooms and a bathroom. In any case, as with most projects, paint and new flooring will be involved.<\/p>\n<h3>Patio and landscaping<\/h3>\n<p class=\"featured-box featured-box--isGreen\"><b>Cost:<\/b> $1,000 to $40,000<\/p>\n<p>The scope to remodel a patio will often involve removing the existing material (for example, breaking up concrete) and replacing it with something nicer (like pavers, flagstone, or stamped concrete). A high-end patio may incorporate a pergola, fire pit, or outdoor kitchen.<\/p>\n<p>Landscaping can involve adding pathways, building planters, installing lighting, re-sodding, replacing grass with drought-tolerant plants, or adding new hedges, trees, bushes, and flowers.<\/p>\n<h3>Roof<\/h3>\n<p class=\"featured-box featured-box--isGreen\"><b>Cost:<\/b> $4,000 to $19,000<\/p>\n<p>Since a sturdy, weather-proof roof is a necessity, you may not consider a new one to be a remodeling project. But you might be surprised by how much it can increase your curb appeal, especially if you\u2019re replacing old three-tab asphalt shingles with new three-dimensional ones. This newer style costs more, but looks better and lasts longer.<\/p>\n<p>Your costs will include labor to remove the old roof and install the new one. For materials, you\u2019ll pay for shingles, nails, a moisture barrier, underlayment, drip edge, flashing, and venting. Decking or fascia that has rotted or otherwise been damaged will need to be repaired or replaced too. Replaced fascia will need to be painted.<\/p>\n<h3>Exterior painting<\/h3>\n<p class=\"featured-box featured-box--isGreen\"><b>Cost: <\/b>$800 to $6,700<\/p>\n<p>The scope of work to get your house repainted is largely about the labor-intensive preparation. Anything that\u2019s not getting painted needs to be protected with sheets of plastic and painter\u2019s tape. The home\u2019s exterior has to be cleaned, and any damage must be repaired.<\/p>\n<p>The type of material being painted (for example, stucco, metal siding, concrete siding) and the quality of paint you choose, as well as the surface area, affect how much primer and paint you\u2019ll need. In addition, some homes have lots of trim, shutters, gutters, or other items that require detailed painting.<br \/>\n<a name=\"cost-renovate-square-foot\"><\/a><\/p>\n<h2>Cost to renovate a house per square foot<\/h2>\n<p>Since so many factors go into the final cost, it\u2019s challenging to provide a realistic estimate of what you might spend per square foot to renovate a house. Consider the prices below to be very rough. You\u2019ll need to get quotes from several general contractors to set your own budget for your home remodel.<\/p>\n<p>These prices assume that you\u2019re renovating the entire home, which means they average out the highs from renovating kitchens and bathrooms with the lows from renovating bedrooms and living rooms:<\/p>\n<ul>\n<li><b>Low-end: <\/b>$15 per square foot<\/li>\n<li><b>Mid-range: <\/b>$38 per square foot<\/li>\n<li><b>High-end: <\/b>$60 per square foot<\/li>\n<\/ul>\n<p><a name=\"factors-affecting-price-renovation\"><\/a><\/p>\n<h2>Main factors affecting the price of the home renovation<\/h2>\n<p>No matter what type of renovation you\u2019re doing, the price can fall within a wide range. How much it costs to renovate a house per square foot or per room depends on factors like these:<\/p>\n<ul>\n<li><b>Contractor\u2019s labor charges: <\/b>This cost will depend a lot on your location, current demand, and the contractor\u2019s experience and reputation. Don\u2019t choose a contractor who is unlicensed and uninsured; this choice could prove costly if they make a mistake or get injured on your job.<\/li>\n<li><b>Quality of materials:<\/b> The least expensive materials will get the job done, but you may have to sacrifice quality, durability, and originality. You could go with laminated particle board cabinets off the shelf from a home improvement store if you\u2019re on a tight budget, or hire a carpenter to build cabinets from scratch out of solid maple if higher-end choices are an option for you.<\/li>\n<li><b>Unexpected costs:<\/b> Homes often have problems that aren\u2019t visible until projects are underway. If an unforeseen problem comes up, like termite damage, mold, or corroded pipes, you\u2019ll have to spend more to get the job done right. Always budget for cost overruns when you\u2019re planning a renovation.<\/li>\n<li><b>Architect\/engineer\/building permit fees:<\/b> Structural changes can add significant costs to a remodeling project. On top of the materials and labor, you might pay additional costs related to ensuring safety and complying with local building codes.<\/li>\n<li><b>Project scope creep: <\/b>You thought you wanted to do one thing, but once the project is underway, you get a better idea that\u2019s more expensive. This is another cost you can budget for if you think you might change your mind in the middle of a job.<\/li>\n<\/ul>\n<div class=\"basic-box\" style=\"border: 1px solid #E2E4E6;\"><div class=\"basic-box__inside\"><b>Tip: <\/b>Unpredictable shortages and supply chain problems can delay a renovation project or drive up its costs. Just ask any homeowner who participated in the great <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/pandemic-home-renovations\/\">pandemic home renovation<\/a> surge.<\/div><\/div>\n<a name=\"consider-purpose-renovation\"><\/a><\/p>\n<p><em><strong>Also see: <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/home-renovations-that-bring-joy\/\">10 Home Renovations That Bring the Most Joy<\/a><\/strong><\/em><\/p>\n<h2>Consider the main purpose of the renovation<\/h2>\n<p>Before you start a renovation, it\u2019s important to understand why you\u2019re doing it in the first place.<\/p>\n<ul>\n<li><b>Remodeling for yourself: <\/b>If you plan to be in the home for many years to come, make whatever changes you desire to increase your comfort and enjoyment. If you anticipate selling within a few years, avoid changes that could make your home less appealing, like eliminating a bedroom.<\/li>\n<li><b>Remodeling as an investment: <\/b>If you\u2019re flipping a home or plan to move in a few years, choose popular \u2014 not trendy \u2014 designs and materials that will help with resale. The quality of materials you choose should reflect what similar homes in the neighborhood use to maximize your returns.<\/li>\n<\/ul>\n<p><a name=\"how-increase-homes-value\"><\/a><\/p>\n<h2>How do I increase my home\u2019s value?<\/h2>\n<p>To <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/how-to-increase-home-value\/\">increase your home\u2019s value<\/a>, think about what you would want out of a new home if you were buying today. Maybe you\u2019d prefer a home with a new roof or fresh coat of paint. Central air conditioning and more storage space are also important features. Think of items with broad appeal.<\/p>\n<div class=\"basic-box\" style=\"border: 1px solid #E2E4E6;\"><div class=\"basic-box__inside\"><b>Tip: <\/b>Keep all the receipts for your renovation projects. You may be able to add some of them to your home\u2019s cost basis as <a href=\"https:\/\/www.credible.com\/blog\/mortgages\/capital-improvements\/\">capital improvements<\/a>. If you one day sell your home for a profit, these improvements can increase your cost basis and reduce how much tax you owe on the sale.<\/div><\/div>\n<a name=\"is-cheaper-remodel-build\"><\/a><\/p>\n<h2>Is it cheaper to remodel or build?<\/h2>\n<p>In general, it\u2019s cheaper to remodel. You\u2019ll typically be able to reuse many of the home\u2019s existing features, like its foundation, framing, and plumbing.<\/p>\n<p>However, if the house is in terrible condition, it may be cheaper to build. In particular, if the home is in a historic preservation district, the cost of specialized labor and materials to comply with design ordinances could drive the cost up considerably.<br \/>\n<a name=\"can-renovate-house-50k\"><\/a><\/p>\n<h2>Can you renovate a house for $50k?<\/h2>\n<p>Yes, you can renovate a house for $50,000. You\u2019ll need to be careful with your budget, though, and you may have to make sacrifices on the quality of materials or the number of rooms you renovate.<\/p>\n<p>The size of your home and the going rate for labor in your area will affect how far your money goes. You should not expect to completely renovate both the exterior and interior of your home with a budget of $50,000.<br \/>\n<a name=\"can-renovate-house-100k\"><\/a><\/p>\n<h2>Can you renovate a house for $100k?<\/h2>\n<p>Yes, you can renovate a house for $100,000. The smaller the home, the further your budget will go. If you\u2019re making structural changes or need to redo any of the home\u2019s systems, like electric, plumbing, or HVAC, you won\u2019t have as much money available for cosmetic renovations. A larger or older home may require a larger renovation budget.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With so many popular home renovation shows on TV, you might be feeling inspired to take on a remodeling project of your own. It\u2019ll take much longer than 30 minutes in real life, and it\u2019ll&hellip; <a class=\"more \" href=\"https:\/\/www.credible.com\/blog\/mortgages\/house-renovation-cost\/\">Continue reading<\/a><\/p>\n","protected":false},"author":106,"featured_media":54204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"inline_featured_image":false,"footnotes":""},"categories":[1570,1463],"tags":[1567,1528],"class_list":["post-54203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-refinance","category-mortgages","tag-home-improvement","tag-mortgage-rates-sidebar-no-table","how-much-it-costs-to-renovate-a-house","post_tag-home-improvement","post_tag-mortgage-rates-sidebar-no-table"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Much It Costs to Renovate a House - 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