Remodeling Costs for 2016



This Remodeling Prices Guide (updated for 2016) will help you research and understand the cost of most common renovation and construction projects. This comprehensive list includes costs of over 25 types of Interior Remodeling, Exterior Construction and Mechanical (HVAC / Plumbing / Electrical) projects, grouped by type.

Most remodeling costs went up about 2-3%. Low gas prices and lower inflation has helped curb the typical 4-5% annual increase in home improvement prices.
In fact, roofing prices have not increased because oil, which is primarily used in manufacturing of asphalt shingles, has been at it’s lowest price in over 10 years.



Average Bathroom Remodel Costs:
Low End
$5210
Mid Range
$10012
High End
$19523

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Contractor prices fluctuate, and when you get an estimate for a project, you want to be sure that you are getting an accurate and fair quote that is in line with current market prices.

Whether you are a homeowner, investor, or real estate broker, our Remodeling Prices Guide is an accurate reference tool you can use to plan a budget for your remodels. To ensure that you get the most current pricing information, we regularly update this list.

Prices above can vary by as much as 15-20% or more, depending on the contractor you hire, type of materials used, existing conditions, and your geographic location, as well as other variables.

Interior Remodeling Costs

Project Cost Job Description
Average Kitchen Remodel $19,420 (includes labor) This price includes the following: 20 linear feet of cabinets, 200 sq.ft of floor tile and installation, 30 sq. ft. of backsplash tile and installation, 4 piece set of stainless steel appliances(Energy Star Rated) 45 ft2 of granite countertop (Colorado gold or Venetian gold), 50/50 undermount sink, pull out faucet, dishwasher kit, track light fixture, new garbage disposal, and painted kitchen walls.
Cabinets $3,885 (includes installation) This price includes: 20 linear feet of Birch Wood cabinets (base & wall), available in 3 colors. Add $145 for each additional linear foot. Maple cabinets should be calculated at $185/1 linear foot.
Bathroom $7,830 (includes labor) This price includes an allowance of $1,200 for new bathroom fixtures: up to $146 for a tub, up to $112 for a toilet, up to $227 for a vanity, up to $100 for a vanity top, up to $145 for a medicine cabinet, up to $120 for a shower head/bath faucet, up to $80 for a sink faucet, up to $200 for tile, up to $70 for an exhaust fan – see material only prices
Basement Finish $35 / ft2 This price includes framing, electric work, recessed lighting, drywall, taping, sanding texture, paint and carpet.
Countertops $35-100 / ft2 This is the price for installing basic color granite with standard eased or bevel edge. $10 / ft2 more for other edge types, and $10-15 / ft2 more for premium colors. You should budget an additional $200 for installing an undermount sink.

We paid $58 per sq. ft. for premium color find out how we Saved much money on Granite Countertops

Interior Painting $3.40 / ft2 (includes the cost of 2 paint colors) This price is for a floor plan’s sq. ft. Use our Interior Painting Calculator to get more accurate cost estimate
Exterior Paint $3.74 / ft2 (includes the cost of 2 paint colors, trim and siding) This price is for a floor plan’s square foot of a level that has exterior exposed walls up to 9 feet high.
Tile Installation $6.56 / ft2 This price is for tile installation on a prepared area and DOES NOT include the cost of tile itself. Includes: thinset, grout and installation on walls up to 8 ft. high. Add $2+ for a sq.ft of tile.
Drywall / Sheetrock $52 per sheet (includes materials and labor) This price includes installation of drywall, taping, patching, sanding and texturing per sheet, up to 8 feet
high.
Interior Door $295 This price is for a wood 6 panel white door and installation. Includes hinges, cutting and fitting the door to the right height. Add $45 for a new door knob with installation.
Hardwood Flooring $7.32 / ft2 This price includes Oak wood flooring finished and stained, and installation.
Wood Flooring Refinish $2.75-4.10 / ft2 This price includes sanding, staining and polyurethane finish.
Carpet Installation $3.44 / ft2 ($31 / sq. yard () This price includes 1/2 inch padding, 38 oz carpet and installation. Removing old carpeting will cost another $0.6 – $0.8 per square foot. Note if your room size is bigger that 12 feet in both directions, you are looking at increased waste on materials side, because carpets come in 12 ft. wide rolls. So if your room is 13′ wide, then you will have 11 feet of waste.


Average Cost of 10 Replacement Windows:
Vinyl
$3520
Wood
$6895
Fiberglass
$8459

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Note, if your bathroom is larger than 40 / ft2, you should calculate an additional $70/sq.ft.

Exterior Construction / Remodeling Projects:

We grouped all exterior projects together. These include roofing, siding, windows, house painting, landscaping, paving, external buildings, etc.

Modern Home with beautiful exterior features

Modern Home with beautiful exterior features White Stucco Siding

See the complete list of exterior of exterior home renovation projects below.

Project Cost Job Description
Roof Installation $3.59 per ft2 (includes labor and materials) This price is for an average 1800 sq. ft. gable roof on 1 storey house, with architectural laminated shingles, and one layer tear off of old roofing material.

Add $50 if an OSB board needs to be changed. Add $25 a square big for each additional layer of tear off.

Metal Roofing $4.39 – 12.50 per ft2 (includes labor and materials) This price is for an average 1600 sq. ft. roof. Lower end prices are for R-Panel / 5-Rib panels with exposed fasteners. Mid-range and high end pricing is for Metal Shingles ($7.50+ per sq. ft.) and Standing Seam ($9+)

Add $50 if an OSB board needs to be changed. Add $45 per square for 1 layer of tear off.

Vinyl Siding $5.92 / exterior ft2 This price includes removal of old vinyl or aluminum siding and installation of new clapboard vinyl siding with 1/4″ backer board insulation and wrapping 2 doors with aluminum, on an average size ranch home.
Replacement Windows $405 / window installed (double pane, Low E) This price includes removal of old windows, framing any openings and installation of windows (48″ X 48″). Add
$150 for an obscured window. Add $150 for tempered glass. There will be an additional charge if argon gas is necessary. Minimum of 9 windows.
Aluminum Seamless Gutters $12 / ln. ft. Average house has about 90 feet of gutters, which will cost $1185 for 5″ (K-style) seamless aluminum gutter and 4 downspouts, without Leaf Guards. Extra floors, corners, downspouts, will cost more.
Copper / Zinc Gutters $40-50 / ln. ft. Copper and Zinc gutters cost a lot more than aluminum, due to much higher cost of materials, and a lot of custom labor, such as seam soldering for copper. Copper and Zinc are typically installed on custom and historic homes, and are not very common on regular houses. Copper is often installed along with slate roofs.
Exterior Door $570 This price is for a basic steel white exterior door, with installation.
Framing $3.76 / ft2 (includes labor only) Note that framing is very specific, so the final price will vary greatly depending on the project.
Wood Fence $39 / linear ft. This price is a for a linear foot of installation of a wooden fence 6 ft. tall, wood 3-Rail Dog Eared Fence Panel, includes cement and 4″x 4″ posts. Add $400 for a gate.
Cement Slab $7.3 / ft2 This price includes preparing, pouring cement and finishing. Add $2/sq/ft for demolition of old cement(minimum of 800 sq.ft)
One Car Garage $12,875 This price includes plans, framing, cement, roof, garage door, door opener and a walk-through door. Putting in a window costs an extra $325.
Two Car Garage $15,925 This price includes plans, framing, cement, roof, garage door, door opener and a walk-through door. Putting in a window costs an extra $325.
Attic Addition $71,190 Cost for a basic 15×24 shed dormer addition on the attic. Includes new shingle roof with two fixed skylights, 4 vinyl windows, basic shower bathroom and one standard room, and standard plumbing, heating and electrical wiring. Excludes building staircase, debris removal and building permits.


Average Bathroom Remodel Costs:
Low End
$5210
Mid Range
$10012
High End
$19523

See costs in your areaStart Here - Enter Your Zip Code



Mechanical (HVAC, Plumbing, Electrical) Construction / Remodeling Projects:

Project Cost Job Description
New Electrical Panel $1,390 (125 AMP electrical panel and installation) Excludes additional grounding and removal of old service panel.
Recessed/Can Lighting $210 / fixture This includes wiring, cutting drywall and installation of the fixture.
40 Gallon Water Heater $1,450 This price includes removal of the existing water heater and installing a new one with all connections. Relocating the water heater costs extra.
Furnace Installation – 90K BTU $3,675 (Labor only) This price includes removal of an existing furnace, installation of a new 90% efficiency 90,000 BTU furnace with all connections. It does not include combustion air installation if it does not already exist. (Covers 1800-2400 SF)
AC System (3.5 TON) $4,100 (labor and materials) This price includes condenser, coil, line-set and installation.


Remodeling Costs Guide

Remodeling Costs Guide

There are a number of important things you need to keep in mind when using this Price List:

1. The level of finish that is on the price list is considered “Standard builder grade finish”, which is the most cost effective way to get the job done. Prices will change depending on any specific materials, custom work and a tight schedule.

2. Work is done by code and inspected by the city if necessary.

3. Work is done by licensed and insured contractors and takes into account the overhead associated with maintaining a safe business.

4. Permit prices vary greatly depending on location and therefore they are not included in our price list.

5. Prices are based on a minimum project cost of $4000. In case the total job is under $4000, these prices will change due to the overhead of initiating and completing the project.

Prices for this guide are sourced from over 30+ medium and large remodeling and general contractors, extensive research and the Remodeling Mag (local price variations).



Average Bathroom Remodel Costs:
Low End
$5210
Mid Range
$10012
High End
$19523

See costs in your areaStart Here - Enter Your Zip Code



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6 thoughts on “Remodeling Costs for 2016

  1. Jacqueline Richards

    I have a Studio Apt. approx. 500.00 sf. I am using your guide to help with my budget and before I consult contractors.

    Reply
  2. Izzy Saucedo

    This is a great list. I’ll keep some of these things in mind when customers ask about other projects for their homes

    Reply
  3. Jennifer Gibson

    My mother’s house was built in 1900. It is an old house that will require a full top to bottom renovation. I think there is a foundation issue as well. The max budget Reno for the project is 80,000 with 20,000 emergency contingency. The house is listed as 5 bedrooms and 2 full baths. I think it is better to demolish
    the place and build a new one?

    Reply