The most expensive home renovation projects include building an addition, renovating or repairing a home, remodeling or renovating one or more rooms, installing solar panels, remodeling a kitchen, remodeling a bathroom, installing or replacing an asphalt shingle roof, and building or replacing a deck or non-masonry porch. These projects can range from adding on another primary bedroom to extending the kitchen and involve electrical work, plumbing, carpentry, getting permits, and even roofing.
Kitchen remodels are the most expensive home improvement project in American homes, with the average cost recovered for exterior projects being 23 higher than interior ones. Home renovation projects range in cost from $1,200 to $82,000, with an average cost of $41,600. However, not all major home renovations provide a high return on investment.
There are four types of renovation projects: basics, curb appeal, best bang for the buck, and passion projects. Not all of them provide a high return on investment. In the most recent polling from 2017, bathroom remodeling ranked as the most popular home renovation.
Some of the most expensive home renovation projects include garage door replacement, entry room, creating a game room, converting a garage into a living space, adding a spa tub, and replacing the roof. Foundation repair costs can range from $450 to $11,000, while roof repair costs can range from $650 for a partial repair or $6,000 for a roof.
In summary, the most expensive home renovation projects include building an addition, renovating or repairing a home, installing solar panels, remodeling a kitchen, installing or replacing an asphalt shingle roof, and building or replacing a deck or non-masonry porch. By following these tips and budgeting tips, homeowners can successfully complete their renovation projects.
📹 5 Things I Wish I Knew Before Renovating My House + Cost Breakdown
Here is the cost breakdown of my bathroom renovation! Links to everything I used in this bathroom here: Products used in this …
Which remodel pays the most?
In the most sought-after housing markets, a kitchen or bathroom remodel represents a lucrative investment opportunity, frequently generating returns in excess of 100%.
What is the most expensive thing to renovate?
The kitchen, bathroom, basement, and other entertainment areas are the most expensive parts of a home remodel. These areas can transform a living space into a more functional and aesthetically pleasing environment, but they also require significant financial investment. Understanding which parts of a remodel are the most expensive can help homeowners plan and budget more effectively. Structural changes and repairs, particularly those involving the foundation, are one of the most costly aspects of a remodel. Repairing or reinforcing a foundation and removing or altering load-bearing walls requires professional expertise and can significantly increase costs.
What renovations can you do for $100000?
A budget of $100, 000 allows for the completion of a variety of projects, including a kitchen renovation with new cabinetry, countertops, and appliances; a full bathroom remodel with upgraded fixtures, finishes, and tiling; and room additions.
What is the biggest expense in construction?
The percentage of labor vs material costs in construction varies significantly depending on the sector and type of work. Labor typically accounts for 20-35% of total construction expenses, while materials account for 65-80. However, specialized workers may increase the percentage of labor costs up to 40. For example, a residential remodel or renovation might require more skilled labor and materials than a large commercial construction project.
What is the most expensive construction project?
The Great Mosque of Mecca, located in Mecca, Saudi Arabia, is the world’s most expensive building ever constructed, with a total construction cost of $100 billion. The mosque, one of the oldest in the world, has undergone numerous renovations and expansions, including the most recent in 2020. It holds the title of the largest mosque in the world and is the most expensive building in the world.
The 10 most expensive buildings ever constructed include the Great Mosque of Mecca, Abraj Al Bait, Marina Bay Sands, Resorts World Sentosa, SoFi Stadium, Apple Park, The Cosmopolitan, Wynn Palace, One World Trade Center, and Palace of the Parliament. The Abraj Al Bait is the sixth-tallest freestanding structure in the world and is owned by the Saudi Arabian government. Its construction costs were largely due to the height of the seven skyscrapers, which added to the overall cost. One of the towers doubles as a clock tower, holding the largest clock faces in the world on each of its four sides.
In conclusion, the Great Mosque of Mecca and Abraj Al Bait are some of the most expensive buildings ever constructed, with the latter being the most expensive hotel in the world.
What is the most expensive thing to build?
The International Space Station (ISS) represents the most expensive undertaking in history, with NASA spending approximately $4 billion annually to operate it. It is listed in the Guinness World Records as the most expensive development and construction project in history, with an estimated cost of $150 billion. The most expensive item ever auctioned on eBay is the “Gigayacht,” a 405-foot yacht offered at $107 million in 2005.
What is the most expensive foundation repair?
A sinking foundation, which can cost between $1, 000 and $25, 000. It requires extensive repairs to address poor soil, insufficient drainage, damage to the house, and unstable foundation. This type of foundation repair is typically the most expensive. The cost typically ranges from $2, 160 to $7, 790, with many homeowners paying around $5, 000 on average. Factors such as foundation type and damage extent can impact the final cost. Foundation issues can cause devastating structural problems, making it crucial to address them as soon as possible.
Early tackling can help avoid expensive future repairs and restore the home’s structural integrity. This article will identify common foundation types, repair methods, and factors affecting repair costs.
What is the most expensive thing to build a house?
Framing is a crucial component of building a home, requiring significant material and skilled labor. It is typically more expensive than the foundation or lot. Major systems like plumbing, HVAC, and electrical can be the most expensive, depending on the type and features chosen. To reduce the cost of these systems, an effective building design can reduce plumbing redundancy. Additionally, choosing the right material for piping and choosing lower-cost HVAC systems can help save money.
The choice of windows and doors also impacts the cost of a home, depending on their quality and style. Low-quality windows and doors can result in higher heating and cooling costs, as poorly glazed windows can let in heat during the summer and poor quality doors can lose conditioned air during the summer and allow cold in during the winter. Efficiency is the most important factor when it comes to doors, as poor sealing can pressure the heating and cooling system.
What adds $100,000 to your house?
Finishing your basement can increase living space and make your home more appealing to potential buyers. Consider adding a family room, additional bedroom, or home theatre to make the most of the space. Update your landscaping with a well-manicured lawn and beautiful plants to add curb appeal and value. Add a deck or patio for outdoor living space, perfect for entertaining guests or relaxing during warm months. Install energy-efficient upgrades like solar panels or a new HVAC system to reduce energy costs and increase the value of your home.
Which contractor makes the most money?
The construction industry offers numerous high-paying jobs, including electricians, plumbers, pipefitters, steamfitters, ironworkers, sheet metal workers, drywall installers, ceiling tile installers, tapers, construction equipment operators, Carpenters, and masonry workers. The U. S. Bureau of Labor Statistics predicts a 4 percent growth in employment opportunities by 2031, creating 252, 900 new jobs. The median salary for construction workers is $48, 210, higher than the median wage for all occupations.
The list of eleven highest paying construction jobs is based on annual salary data from the U. S. Bureau of Labor Statistics, helping individuals identify opportunities that might be a good fit for their career.
📹 6 Highest ROI Home Improvements That ADD VALUE
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Monica, you and your dad did an amazing job. The amount of sweat equity that you put in saved you so many $$$ on this project. I am so glad you were detailed in waterproofing, so many contractors are not that detailed. Your time management was superb and the small changes you made were very will thought out . Bravo to you guys. One thing I think every homeowner should have is a house book. Everything you paint, replace, buy, warranties goes in this book. You never have to wonder dates or time. It’s all in this book. Thanks for sharing this project. You now have hands on experience. Great job.
As someone considering doing a bathroom renovation myself, this was really insightful! I had no clue that labor was that expensive or that you could even find replacement door options ion different colors for the ikea vanity. Definitely taking notes while planning out this renovation. Great article Shelby!
If murphy’s law has taught me and dad anything, is that everything will cost more and take longer than you think. Always something to think about. (Used to do reno with him) The difference is how we turn it in your favor. In this case, it’s learning new reno skills and getting new ideas. You handled this amazingly, Shelbs! Great article and great job!
It was 15000 just to change the plumbing in the house; so I also did some renovations to my kitchen and bathroom. Your renovation looked so much modern; also be aware if you wanted new appliances from Home Depot, it might take 3 months to ship them. My whirlpool refrigerator took 3 month to arrive; also the return policy was only 48 hours.
I do bathroom remodels in Ottawa, Canada. A bathroom with a curbless shower will cost you $18-20k all included (canadian dollars). Biggest expenses are plumber (2-3k), electrician (could be 0, but could be 2k), shower door ($900 minimum). Essentially my fee for doing the work is 7.5k and it takes about 12 days (except plumbing, hvac, electrical which require a licence). My overhead is $1.5k a month. There are also non billable things involved (cost of “free” quotes, loading/unloading truck, vacation, retirement, etc…). Income taxes and Canada pension plan are about 40-50% on average (includes medical insurance in Canada). There is nothing difficult in a bathroom remodel, that isn’t documented on the internet. Anyone can do their 3rd bathroom fairly well. But you’ll still stuggle to do the first two fairly quickly and with an acceptable quality. I just finished a job for a client. He started his bathroom remodel 3 years ago and he’s not even half way done. That kind of situations do happen. Be realistic with your skills/budget/schedule and you’ll do well.
I have an ikea kitchen that we did 10 years ago. I would never buy it again. It is not holding up as well as quality cabinets would have. We re-did our bathroom at the height of Covid. It’s about the same size as yours, but we spent close to $20,000. We used high end fixtures, so that added a lot to the cost. Our contractor was fantastic, and everything was done perfectly. There’s no way it would have come out as beautiful if we had done it, and it would have taken far longer. Congratulations to you and your dad on the gorgeous bathroom and saving a lot of money.
7:45 Also, with Lowe’s and HD, you can return it for an extended time, like 90 days or so, which means that if your project gets delayed, you can still return it. When I last built, Amazon had 30 days. In that time, I might not get to that piece, then find it won’t work for my application, but miss the return window and have to donate it to get rid of it.
Super helpful advice. I had a similar situation- I bought a $1500 shower glass from Wayfair and shipped it to Hawaii only to find out it wouldn’t fit. I was passed my return eligibility date (which would have cost a ton anyway) and was stuck with a 200lb shower door. I eventually sold it on FB marketplace for $400 just to get rid of it 🤦♀️
Awesome! The only thing Shelby wished she had taken into account with the bathroom renovation was giving herself more time to get it done and the time pressure at the end didn’t allow her time to see what it was like finished. That’s probably as important as making sure you have the material on hand and also the experience to get it done right. Its basically a trial and error process and it won’t always look the way it does in an illustration because every place is going to be different and there will be some customisation inevitably involved. That said, for the cost involved, the bathroom ended up looking better than it did before. Congratulations! 😊
Actually, it cost about 15-26 thousand (I know because I hired out) for decent work. That’s about the same size as yours, similar style, and type of tiles used. From what I have seen, it cost about $20,000 if you hire out WITH NO CONNECTIONS and retail price. This is not for investors price. I agree with everything you said. I had one contractor who sticked to his timeline even though some things came up. Another contractor started demo but didn’t actually start the work until at least a month later, which dragged on the other works.
This was a great list with some things that I think people often overlook. I’d probably recommend taking into consideration a few other things, too. First, take into consideration the lifespan of what you are buying. Is something you really want very trendy, and is that going to cause your project to be outdated in five years? So, light sconces or a showerhead or a mirror being outdated in five years isn’t a huge concern since they’re relatively easy to replace, they aren’t usually budget busters, and they can sometimes be updated without having to completely replace it. But if you get trendy tile, you’re probably doing future you a major disservice because replacing and/or updating that is a relatively big project, and you are much more limited in updating options if you don’t want to completely replace it (You can paint tile or reglaze it, but you are limited by color selection, have to be concerned about it peeling, or worry about waterproofing. On top of that, the whole process can be a more complicated than people realize even if you aren’t completely replacing it). Second, utilize different apps, websites, etc. to plan out your project. Pinterest boards are pretty common to get an aesthetic down, but there’s also specific apps out there that can help you predict how something is going to look before doing it. For example, Sherwin Williams has a paint color app that can show you what the room will look like in different colors of theirs. Consider doing a mockup (or hiring someone to do a mockup) in sketchup or photoshop or some other type of software if you are having trouble picturing something important.
it looks great !, ya so many steps to finish and what they never show you on tv lol, some trades like tile is a art, every tile guy has different ways and its hard to rush a tile job and its like telling a artist to hurry up with my painting, it only makes things turn out bad, but when you juggle more than 1 job as a contractor it always causes problems i never do more than 1 job at a time, unless you have lots have a good crew/ crew’s and even thats rare to see, ive had customers trying to get me to do multiple things at once or pull me away from a job and i strait up tell them no way !!! ive did it before and it always ends up bad, dragging tools around more driving to other job and its nothing but problems, a lot of contractors do it to get the next deposit $$ so the issues begin ! lol, ive had to tell customers to go get someone els if you cant wait, its just not worth it and your leaving your main costumer wondering wtf ??? when your on 1 job everything is good and much smoother for everyone ect …
I think it turned out great! Not hating on it at all, but is anyone else noticing how the sconce placement isn’t centered with the mirror? One side has more white space than the other, seems like a small detail but I would be staring at that every day when I went to look in the mirror. Also, the spot above the toilet is begging for a classy piece of art!
This bathroom is a jewel. I wished you had chosen brass fixtures but I understood your point on silver. The best outcome is that you spent quality time with your dad. You are so lucky to have that dad, not only he is a great educated man but he is soooooo skillful and always their to help you and finish the job. I was amazed by his knowledge being a teacher. I cant wait to see you renovating the 2nd bathroom next. I really enjoyed all vlogs. Please try to do more DIYS because girl is DIY is calling you. I hope your dad shows us anything that he will renovate at his new house. Keep going and please do more projects with dad Church. ❤❤❤❤👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏
We had our house built beginning in December 1996 (moved in end of April 1997). I came to the house nearly every day once construction started. The builder told me I was not allowed on site, but I did it anyway. I came after hours, took lots of photos during construction so I know where all the electrical, pipes and ducts are run. This was the days before cell phone cameras (yes, kids, those days did exist). Used actual film you had to develop. Now 25 years later we had all 3 bathrooms gutted and remodeled. Linoleum replaced with nice floor tiles. Tub in the master bathroom replaced with a shower similar to what you have in this article. Custom granite counters replacing standard laminate. Brushed nickel fixtures replacing cheap plastic with chrome covered fixtures. All in our bathrooms were about $15,000 each. Labor was absurdly expensive. But you pay for quality. Made a massive mistake and ordered our cabinets through a shyster contractor who basically took our money and ran. Threatened a lawsuit (my state you can recover 3-times damages from contractors). Finally got 4 cabinets 14-months after we paid for them. They were not custom sized – literally just ordered standard cabinets from a supplier through this contractor. Lesson learned.
I had a family member give me a great price as we helped. We estomated $3k and ended up spending about $5.5k than another $2k as we furnished with everything new, kitchen cabinets; counter tops, new small fridge, vanilla floors, base boards, paint, and texture. Oh, it’s a small one bedroom studio apartment.
You were on a roll until you got to wall tile and floor tile. You seriously spent 3 to 5 times what I spend on that stuff, and I get pretty nice materials….maybe a minor step down from this. your fixtures and cabinet was maybe 30% more than I spend, so not bad. I also usually do heated floors and electrical for a Japanese Toto Washlet when I redo a bathroom.
This is an absolute must-watch for anyone considering a home renovation. It offers invaluable insights and practical advice that could potentially save you from costly mistakes and unexpected expenses. The detailed cost breakdown is particularly helpful, as it gives viewers a realistic perspective on budgeting for their own renovation projects. Thumbs up👍👍👍
Shelby, although you spent good money on that sledgehammer, it really was a great investment! Something tells me the sledgehammer will become a tried and true friend to shelby and the sledgehammer and she will become inseparable. I feel like the sledgehammer will be a cherished heirloom passed down through many generations from now on… Is it sledgehammer or Shelb-hammer?
If you did all the work yourself, and when you sell your place you can also write off that time. All you have to do is find out what the hourly rate would be if you had paid someone to do it. Figure out roughly how many hours it took you to do it, And write urself a bill for all the work done hopefully you took before and after pictures, keep all your receipts, and when you go to sell you can write all that off once the final funds come in and whatever is left is what you would pay taxes on.
It’s so kwl that you managed to do that so cheap in 7k, but you are a successful YouTuber, you could have easily paid say approx 15k and got a contractor do everything, and used that time effort hassle if yours to do something you do best – make creative articles thereby generating more revenue for yourself, far more than 15k, did you think of this way ?
How dumb is that tile contractor!! All he had to do was google shelby church and he would have known you are a big youtuber. Such a wasted free advertising opportunity he pissed away. If he had done what he said he was going to do you would have easily referred him in these articles. I hope others wanting someone in Palm Springs ask you privately to make sure they don’t get stuck with such a flake.
I’m gonna be honest here. The shower floor looks really bad. There is a reason people use smaller tile for this. Also, the mirror straddling the drywall and tile looks bad. The grout width is also too wide and looks low rent. Next time, I recommend hiring a pro designer. DYI always ends up looking shabby.
None of this includes labor except the tile… and I’d KILL to know where you got someone to tile for a measly $1500. Must have been a friend. Where I am in California they would have cost at least $3k. And even $15k would be a low estimate. btw the IKEA vanity like yours is one I have, and the plumbing on it is crap– cheap plastic and actually PAPER rather than rubber rings. It LOOKS ok and may be fine for a rarely used bathroom,, but we have it in our main bath and it sucks. It does NOT hold up. Messing with plumbing and electrical if you don’t know what you’re doing (or have a dad like yours) is also NOT a good idea. We are fixing lots of plumbing and electrical screw ups by the flippers who did work on our house before we got involved,
Clarification: the percentages in this article are percentage RECOUPED, not the return on investment percentage. Any renovation that falls below a 100% recoup percentage will technically be a negative return on investment. These figures are based on hiring out the renovations, meaning if you’re able to do the work yourself, you’ll increase your return on investment. However, remember, your time has value!
Semi gloss in bathrooms are also water repellants. My dad’s house was all flat paint and every time someone took a shower in the guest bathroom, the ceiling and upper wall watered up. Within a year,screw pops started becoming visible. Moist sheetrock will push nails and screws as it dries. You can also buy bathroom paint by BM that serves the same purpose. If you have high ceilings in the bathroom, the ceiling can be flat… but I would use eggshell to give at least some protection. My dad paid $299,000 in 2017 for his new build house and when he died in 2021, we sold it for $489,000. I fixed all sheetrock issues, painted every room white, but two kids rooms in a color, had the HVAC tweaked, electrical issues fixed and made sure all appliances were working properly. I also discovered there was 600 sq ft that lacked insulation. In all, I spent $10,000 on the house, passed the buyers inspection at 100%, and made $110,000 profit after clearing the small mortgage he had and yada yada real estate BS.
FYI – ‘Cost recoup’ and ROI (return on investment) are different. The website you used for your data lists the percentages as ‘Recouped’, not ROI. ROI is a simple calculation that you can use to check this: ROI = profit / cost * 100. If you use this for the garage door example you provided in this article the profit is actually negative ( profit = sale value – cost). So the Recoup percent calculation is correct but the ROI is negative – any time the resale is less that the cost then you have a negative ROI. So the calculation for the profit is $3,663 – $3,907 = $-244 profit. And with profit we can calculate ROI $-244/$3,663*100 = -6.66%
If you’re gonna live in your house for a while, just learn to DIY what you can and renovate what you want most. Over time the house will become more comfortable, functional and presentable. If you need to flip it, the price will be higher but more importantly, your quality of life will be higher until then.
Anything that isnt over 100% ROI is a waste of time and money. Just sell your house. It might make your house sell fastet but if its not giving you a return over your money its not worth doing. You are literally spending time and money to give it all to your buyer. You might as well give them a discount and save yourself the labor and time.
I’ve had a long-standing desire to launch my own business performing house improvements. Considered which market to enter. Just because I currently work in the window industry does not mean that I am necessarily married to it. What additional niches, in your opinion, would be profitable to enter? Many thanks
I’m sorry who in their right mind would put flat or mate/eggshell sheen on interior walls that’s going to be impossible to clean stick with a satin sheen on interior walls and be done with it satin is not that shiny and it’s very easy to clean. Walls can receive scuffs and dirt build up overtime becoming harder to clean. Flat/eggshell is terrible for the vast majority of bathrooms due to potential moisture buildup and humidity . Trying cleaning mold off of the bathroom ceiling due to rising moisture from your shower it’s going to potentially stain your walls use a satin if you don’t want a semi gloss sheen to be safe.
DIY jobs that will add up and get you good bang for the buck are “any small elements that is totally worn out”. What good is a fresh coat of paint is the current one is perfectly fine? Just look around the house. Spot anything that is cheapo, cracked, worn out, etc. Can be -New trims -New outlets, new switches -Minor brick repair -switching to electronic thermostats. -New window(s) -New dryer vent -new light fixtures -New doors / door knobs (…) Now, if you are thinking of selling, here is a big one : clean clean clean clean and clean some more. And organize your mess.
I do sales for a window and siding replacement company. Have been wanting to start my own home improvement company for a while. Been thinking what niche to go into. Not necessarily married to windows, just because I do them now, it has a very high competition. Curious on your suggestions, what other niches would be profitable to go into ? Thank you
Sorry but this article is full of way to much don’t thank do. Painting with all the equipment he suggested is way too costly. You can do the same with way much less cost. LG is not the best and Samsung has done well. Semigloss in bathrooms is a good idea, specially if you have a small bathroom. Moisture is very bad for your wall. So protect them with a repellent. I have Samsung appliances that have lasted over 10 years and still going. People love love automation. Anything that they can control with their phones or tablets is always a plus, specially when you have kids. DYIng project (if you can) is worth the savings. Many projects cost more in labor than in materials. HGTV has conditioned people to think the most important selling point is the kitchen and bathroom. White, however is not the only color you should go with in the kitchen. It all depends on the style of your home, the color of your walls, and the type and color of floors. Use your judgement.
Almost everything in this article has been a complete inverse of the ROI home upgrades I’ve seen from major real estate people. I became skeptical when he said painting the walls would increase the home value, and i completely wrote this article off when he said to use flat or matte paint, including the bathrooms. This is all terrible advice 😂