The prospect of a whole-home remodel can be exciting—even if many aspects are relatively unknown, including the cost. Below is a look at a few average prices of remodeling jobs that are typically included in a whole-house remodel. Keep in mind that the figures below are based on collective data for the Portland metro area. Actual figures may vary. As a next step toward understanding what such a makeover could cost for your home, contact local architects, builders, and design-build companies like COOPER Design Builders. We have a long history of creatively remodeling and expanding homes in the Portland, Oregon area.
Every year, Remodeling magazine publishes the Cost vs. Value Report, which provides informative estimates about remodeling projects across the country. The following list of projects assumes a major remodel of your home. Less comprehensive remodels would, of course, run lower. Adding a bathroom with midrange fixtures, doing a major remodel of a kitchen with lower-priced appliances, adding a wood deck and a nicer front door, and installing vinyl replacement windows could be done for about $160,000-$180,000.
However, a high-end remodel including a new upscale master suite, a new separate bathroom, a kitchen makeover, a flagstone patio with outdoor kitchen and pergola, a new entryway, and wood replacement windows could easily push $500,000.
Master Suite Addition
A midrange master suite addition has everything you need with good quality and not a lot of extras. You can expect a moderately-sized sleeping area with a walk-in closet. The bathroom is built to be comfortable, with a separate tub and shower and Jack and Jill sinks. The average cost for an addition of this size generally falls between $140,000-$160,000.
Upscale Master Suite Addition
A 32-by-20-foot upscale master suite addition would be considerably more luxurious. With the extra space, you’ve got room for a sitting area, fireplace for those cold, windy nights. Although you’ll love the walk-in closet and built-in bar setup, the bathroom is where this project really shines. All the high-end Calacatta marble, if that’s your preference. You’ll feel like you live in a luxury hotel when you soak in the freestanding tub or wind down in the shower. Average costs for upscale master suite additions land somewhere between $275,000-$325,000.
If your master bedroom is great but the bathroom is not, you may be able to get away with adding a new bathroom. This price point offers a small space designed to meet those basic needs for hygiene in a hurry. A three-piece bathroom includes a stylish but simple tub and shower combination, tile flooring, basic toilet and a single sink.
Retrofitting but not expanding a 35-square-foot bathroom with universal design features would cost about $35,000-$40,000.
Upscale Bathroom Remodel
Expanding an existing bathroom to 100 square feet and using upscale fixtures and finishes costs less than adding an entirely new luxury bathroom. Here, you’ll notice the difference in investment with a separate tub in the flat, freestanding style that is so popular currently. The shower still features ceramic tile, but now it has the full-body sprayers everyone’s talking about. Vanity with stone countertop in a trendy quartz or granite gives you storage and style in one. Average cost:$65,000-$75,000
Major Kitchen Remodel
The type of kitchen remodel you choose depends on what you have and its condition. This project removes everything existing (except plumbing and wiring) and installs new. You’ll get mid-priced cabinetry in a choice of colors and styles. The trendiest European style may cost more. Laminate countertops cover 30 linear feet of space, with a new island for added convenience and function.
If you want something more, you can totally get it for about $125,000-$150,000. Bid that low-end laminate goodbye, in favor of something way more exciting like marble or colored concrete. Everything is designed for the professional chef, from the cooktop to the refrigerator.
Decks and Patios
A 320 square-foot deck in pressure-treated wood or composite gives you a durable, long-wearing surface that sticks to your budget. Take advantage of huge advancements in colors and designs, so you can save your money for other projects.
If you want to add a fully-outfitted outdoor kitchen with patio, plan to pay about three times as much. Average cost: $15,000-$25,000.
Give your entryway a whole new face with a fiberglass door and windows on the side. This can take decades off an older home and make your entry more secure. This type of home renovation usually costs somwhere between $8,000-$10,000.
© 2020 Hanley Wood Media Inc. Complete data from the Remodeling 2020 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.