Then your budget is blown.” Total house makeover: A real-life example “Otherwise, you can spend a lot of money and time planning and then open up the walls to find that you’re stuck with $30,000 in structural repairs. “I always tell my clients the best way to do this is to demo the entire project first, and then construct the scope and budget of the renovation,” Holmes says. Methodology: HomeAdvisor averages out the data from 6,500 user-contributed remodel projects.Īndrew Holmes, VP of Construction for award-winning construction firm Blockhouse Residential, suggests homeowners price out the gutting and renovation separately. Methodology: HomeGuide uses vetted estimates from over 500,000 pros from across the country to help price out common renovation projects.Īverage cost per square foot to remodel: $60-$150 But for the sake of a tidy estimation, here are a few quotes from reliable sources across the web:Īverage cost per square foot to remodel: $15-$60 The cost of gutting your home and renovating it will vary based on the size of the home, the cost of the finishes, and extent of your remodel. Source: (Pixabay / Pexels) Home gutting and remodeling cost overview Cost estimates for each major house component.A real-life total home makeover estimate.An overview of high-level costs from multiple sources.To give a better picture of the cost of gutting a home and remodeling than what you see on your favorite flip show, this guide features: According to HomeAdvisor, a full home renovation costs $150,000 on the high end, and that doesn’t account for unexpected bumps along the way. The reality is a little more complicated, not to mention pricey. Draft up some pretty designs, get crazy with a sledgehammer, lay some tile, and bam - your dream house is complete. Most home renovation shows would have you believe that gutting and remodeling your house is as simple as a 30-minute programming block.
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