The Most Costly Home Renovations

  • Jul 12, 2024
  • 6 mins, 8 secs read

If you’re considering home renovations and prioritizing your needs and establishing a budget, it is good to have a general idea of the most costly home renovations before you reach out to contractors for quotes. With our wealth of expertise, Coradi Contracting is the region’s go-to for understanding the ins and outs of home remodeling in Virginia Beach. In Virginia Beach specifically – decks and outdoor spaces, bathrooms, and kitchens tend to be the most expensive areas to update. As we review remodeling costs in detail, our goal is to provide you with a thorough understanding, so you can make informed decisions that align with your overall goals.

Decks and Outdoor Spaces

Renovating outdoor spaces, such as building a deck or patio, can indeed be among the more expensive home improvement projects. Here’s a look at why outdoor renovations can be costly and what factors homeowners should consider when planning such projects.

Size of the Project

Larger decks or expansive patio areas will require more materials and labor, whereas smaller projects like adding a simple garden path may be more budget-friendly.

Design Complexity

Intricate designs and custom features such as built-in seating, outdoor fireplaces, or elaborate landscaping can significantly increase the cost of outdoor renovations. These elements may require additional materials as well as skilled labor to execute the desired aesthetic and functional goals.

Location and Accessibility

Accessibility to the renovation site can affect costs. Difficult terrain or limited access for equipment and materials may require additional labor and logistical planning, potentially increasing overall expenses.

Permits and Regulations

Depending on local regulations, obtaining permits adds to the upfront costs and ensures that the project complies with safety standards and zoning laws.

Foundation and Site Preparation

Proper site preparation is crucial for outdoor renovations to ensure stability and longevity. This may include excavating and leveling the ground, pouring concrete footings for decks, or preparing the ground for paving stones or gravel pathways. These foundational steps are essential but can add to overall costs.

Materials

The choice of materials plays a significant role in the cost of outdoor renovations. For example, hardwood or composite decking materials can be more expensive upfront but offer durability and lower maintenance costs over time. Similarly, materials for paving stones, outdoor kitchens, or pergolas can vary widely in cost based on quality and design.

Labor Costs

Carpenters, landscapers, and masons are needed in order to ensure that structural elements like decks, patios, retaining walls, and outdoor kitchens are built safely and according to local building codes. Due to the need for specialized labor, costs can escalate depending on the complexity of the design and the expertise required.

While these projects can be among the more costly renovations, they provide tangible benefits in terms of extended living space, aesthetic appeal, and potential resale value. By carefully planning, budgeting, and selecting qualified professionals, homeowners can achieve a well-executed outdoor renovation that enhances their enjoyment of their home for years to come.

Bathrooms

Renovating a bathroom is often considered one of the most expensive home improvement projects, and for good reasons. Let’s take a look at why bathroom renovations can be so costly.

Size and Scope

Larger bathrooms or those requiring extensive structural changes will naturally incur higher costs. Adding features like a separate shower and bathtub, double sinks, or additional storage areas can also escalate expenses.

Design Complexity

Intricate designs, such as installing a walk-in shower with multiple shower heads or incorporating custom-built vanity units, require careful planning and skilled craftsmanship, which affects both time and cost.

Plumbing Complexity

Bathrooms are heavily reliant on plumbing, which can make renovations complex and expensive. Moving fixtures such as toilets, sinks, or showers may require adjustments to existing plumbing lines or even rerouting pipes, adding to labor costs.

Specialized Trades

Renovating bathrooms frequently involves skilled professionals such as plumbers, electricians, tilers, and possibly even HVAC experts. Their expertise ensures that installations are done correctly and safely, but their services contribute significantly to overall costs.

Ventilation and Waterproofing

Ensuring proper ventilation and waterproofing is crucial in bathrooms to prevent mold, mildew, and structural damage over time. These aspects often require specific materials and techniques that add to the renovation expenses.

Tiling and Flooring

High-quality tiles and flooring materials are commonly used in bathrooms due to their durability and moisture resistance. Materials like ceramic, porcelain, or natural stone can be more expensive per square foot compared to other areas of the home.

The Most Costly Home Renovations
Fixtures and Fittings

Upgrading fixtures such as faucets, showerheads, and lighting fixtures can quickly add up. Homeowners often choose stylish or eco-friendly options, which may come at a premium price.

Cabinetry and Storage

Custom cabinets or shelving solutions tailored to fit bathroom spaces can be costly. Maximizing storage while maintaining aesthetics often requires specialized designs and materials.

Despite the high costs, bathroom renovations offer a favorable return on investment. A modern, functional, and aesthetically pleasing bathroom can significantly increase the value of a home and attract potential buyers. Homeowners should consider the long-term benefits of improving comfort, functionality, and energy efficiency when investing in bathroom renovations.

Kitchens

As the heart of the home, the kitchen takes the crown as one of the most costly home renovations. Here’s why kitchen renovation companies tend to come with a hefty price tag:

Design Complexity

The layout and design of modern kitchens often incorporate complex features such as islands, built-in seating, or specialized storage solutions. Customizing these elements to fit the homeowner’s preferences and lifestyle requires careful planning and can escalate expenses.

Plumbing and Electrical Work

Moving or adding plumbing and electrical fixtures in the kitchen requires professional expertise and may involve structural changes. This can drive up renovation costs considerably, especially in older homes where updates are necessary to meet current building codes.

Labor Costs

Professional labor accounts for a significant portion of kitchen renovation expenses. Skilled tradespeople, including carpenters, plumbers, electricians, and tile setters, ensure that the renovation is completed safely and to high standards, but their expertise comes at a price.

Custom Cabinetry and Countertops

One of the major expenses in kitchen renovations is custom cabinetry and high-quality countertops. Materials like solid wood, quartz, or granite can significantly elevate costs. Custom designs and intricate details further add to the expense.

Flooring

Durable and aesthetically pleasing flooring options such as hardwood, tile, or natural stone are popular choices for kitchens. These materials not only enhance the kitchen’s appearance but also withstand the wear and tear of heavy foot traffic, further contributing to overall costs.

Appliances

Upgrading kitchen appliances to modern, energy-efficient models can be pricey. Costs vary depending on the brand and features desired, but top-of-the-line refrigerators, ovens, and dishwashers can quickly add up.

Although the kitchen often tops the list of costly renovations, it can provide a high return on investment. By prioritizing upgrades, setting a realistic budget, and researching materials, homeowners can better-manage the expense. 

Remodeling With Coradi Contracting

While decks and outdoor spaces, bathrooms, and kitchens represent the most costly home renovations, these projects not only enhance the aesthetic appeal of a home but also increase its usable living space. Ultimately, the decision to renovate should be guided by personal preferences, long-term goals, and financial readiness. If you’d like more information about remodeling a bathroom or kitchen with Coradi Contracting, reach out to schedule a consultation and begin your dream bathroom journey today.