How much does it cost to renovate a townhouse?

Asked By: Estrellita Balakhnin | Last Updated: 19th April, 2020
Category: home and garden home improvement
4.5/5 (77 Views . 26 Votes)
While you might spend anywhere between $10 to $200 per square foot for your renovation, it'll range depending on several factors besides just home type: Location.

Renovation Cost Breakdown by Home Type.
Home Type Cost Per Square Foot
Apartment $25-$40
Row House $25-$75
Farmhouse $10-$50
Townhouse $10-$35

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Simply so, how much does it cost to completely remodel a home?

On average, doing a complete house renovation costs $40,000-60,000. However, most homeowners choose to tackle one room or project at a time. This saves money and makes the process less overwhelming.

Subsequently, question is, how much does it cost to remodel a business? Residential, New Construction: $150 to $350 per square foot. Residential, Remodeling: $100 to $300 per square foot. Commercial, New Construction: $100 to $200 per square foot. Commercial, Remodeling: $50 to $150 per square foot.

One may also ask, is it cheaper to renovate or build new?

If you want cheaper, remodel. Even a wide-ranging whole-house remodel will still be cheaper than tearing down and building anew. According to Roger Greenwald, RA, AIA, "the cost of tearing down and rebuilding will be about 20 percent higher than engaging in an extensive whole-house remodel.

How much does a house refurbishment cost?

These renovations can cost between $20,000 and $45,000, depending on the size and condition of your kitchen, as well as the materials you choose to use. A premium kitchen renovation would include everything from installing floor heating to changing the entire layout by knocking out or relocating walls.

33 Related Question Answers Found

How do you renovate a house while living in it?

Below are some tips:
  1. Set up space to live. Obviously, you'll need a place to prepare food, use the bathroom, sleep, do homework, check emails and pay bills.
  2. Protect your space from dust. I should say protect the space from dust as much as possible.
  3. Protect your little ones.
  4. Remove unnecessary items.
  5. Move.

In what order should you renovate a house?

Order: Gut the entire property (if needed), plumbing/electrical, walls, paint, fixtures, flooring, final clean/touch up, rent or sell

Is it better to remodel or move?

For some homeowners, moving is cheaper. For others, it makes more financial sense to renovate the house they already have. To find out the more affordable option for you, make sure to consider all possible expenses in order to make an accurate side-by-side comparison.

What should I renovate first?

When It's Time To Renovate, What Comes First?
  • Do your floors first. People like Sharkey believe in doing the floors first and then working up and out.
  • Just kidding. Do your floors last.
  • Do your kitchen first. A kitchen remodel typically yields about a 70 percent return on investment.
  • On second thought, wait on the kitchen.

Is it better to remodel or buy a new home?


Remodeling may not be as exciting as buying a new home, but it could be a more cost-effective move in the end. This is partly because moving itself is costly — as is selling your existing home. Surging sales prices can also mean higher prices for other essentials, such as homeowners insurance and property taxes.

How do you pay for remodeling?

Home Equity Loan or Line of Credit (HELOC)
A home equity loan is the classic way to finance home renovations. Take out a loan against the equity in your own house. Lower interest rates than personal loans and credit cards. Large amounts of money may be available for large projects like additions.

How much does it cost to redo a bathroom?

Average bathroom remodels fall between $9,600 to $11,000 in costs. A low-end remodels typically cost around $2,500 while high-end remodels cost around $23,000.

Is buying a fixer upper worth it?

You have the opportunity to make the home worth a great deal more than you paid. Fixer-upper homes are typically 8% below the market value. You will pay less in property taxes because they are calculated based on your home's sale price.

Is fixing up a house worth it?

Fixing up a house can be profitable, but investing a few hundred dollars in repairs and upgrades may not add thousands of dollars of value to your home. In fact, the average return on your remodeling investment is 20 percent or 30 percent less than you spend.

What renovations are worth doing?


Worth It: 8 Renovations That Pay You Back
  • Great Garages. 1/9. Sometimes the best curb appeal upgrades are the simplest.
  • Enjoy A New Deck. 2/9.
  • All Around the House. 3/9.
  • Attic Retreat. 4/9.
  • Update Your Kitchen. 5/9.
  • Seeing Clearly. 6/9.
  • Down Below. 7/9.
  • Having A Backup Plan. 8/9.

How can I extend my house cheaply?

Cut the cost of an extension: 25 ideas to cut costs and extend
  1. Do your sums then cut the cost of an extension.
  2. Cut the cost of an extension with a simple design.
  3. Plan ahead in detail to extend a house cheaply.
  4. Stick to the agreed design to reduce the cost of an extension.
  5. Go off-the-shelf not made-to-order to extend cheaply.

How can I renovate with no money?

Let's explore them in detail here!
  1. 21 Tips on How to Renovate a House With No Money. How to Renovate a House With No Money.
  2. Start with the Front Door.
  3. Go for Full-Length Curtains.
  4. Kitchen Tiles.
  5. Change Your Rug.
  6. Hang Amazing Chic Shutters.
  7. Time to Upgrade the Shower.
  8. Install Alcove Shelving.

What renovations increase home value the most?

These 15 Home Renovations Have the Highest Return on Investment
  1. Garage door installation. Two wooden car garage | Marcin Leszczuk/iStock/Getty Images.
  2. Manufactured stone veneer. Stone home exterior | hikesterson/iStock/Getty Images.
  3. Entry door replacement.
  4. Wood deck addition.
  5. Minor kitchen remodel.
  6. Siding replacement.
  7. Vinyl window replacement.
  8. Universal design bathroom.

When should you renovate or renovate?

One of the key differences between a renovation and a rebuild is what you're changing. Renovations are a great way to give an older house a facelift - you can install new fixtures, upgrade appliances, or even get your plumbing up to date. Don't tear down your house if you're only interested in appearances.

What do you call someone who does renovations?


There are various names for a person who remodels houses these includes renovator, builder, architect. However, one major term which is usually used to refer to a person that provides House Remodeling Service is Construction Contractor.

Can you demolish your own house?

If the house you own or want to buy must be demolished, it must. Developers want to build a commercial project on property with a dilapidated house. House demolition projects involve expenses for permits, labor and deconstruction. Property owners must often perform environmental remediation work, as well.

What is the remodel incentive?

Government Programs That Pay You to Remodel Your Home. Federal, state, and local government incentive programs for home remodeling are aimed at helping homeowners improve the value of their homes, which in turn supports the economy and helps strengthen communities.