Is there a difference between renovation vs remodel? The answer, Yes!
Renovations are cheaper and often serve to enhance the overall appearance of a room. Remodels are a lot more expensive, but serve to improve the functionality and layout of a home.
Today we’ll cover everything you need to know about renovating and remodeling a home in Texas.
Renovation Vs Remodel Explained!
What’s the difference between renovation and remodeling a home?
Broadly speaking, renovation denotes to the idea of redesigning and updating a space within a home without changing the structure of the space. While remodeling denotes to the idea of restructuring a room within a home.
Examples of Renovation and Remodeling.
We get it, trying to figure out whether or not renovate or remodel can seem a little tricky? So to simplify your decision making process let’s compare examples of home renovation and remodeling.
Definion of Renovation.
In simple terms, renovations involve updating and making changes that revive a kitchen, bathroom, or in fact any common space within a home.
For example, a kitchen renovation project could entail refacing cabinets, updating out-dated appliances, or even changing countertops and bench spaces.
The Cost of Kitchen Renovations in Dallas, Texas.
The cost of a kitchen renovation project in Dallas, TX runs between $25,000 to $30,000. This of course depends on the size of the kitchen and the upgrades you undertake.
So, are kitchen renovations worth it? The most definitely can be! Especially if you’re trying to boost the value of your home
Defintion of Remodeling
Remodeling involves making structural changes to your home. As a result, you change the layout of a space which can improve its overall design.
If you’ve got a small closed kitchen that’s just difficult to get around, then a kitchen remodel may be the right fit for you. This can include expanding your existing kitchen to increase it’s size, adding a kitchen island, or even changing the location of stove tops and ovens.
The Cost of Kitchen Remodeling in Dallas, Texas.
When comparing renovations to remodeling projects, it’s important to remember that the latter will be a little more expensive.
On average, a mid-size kitchen remodel project can cost anywhere from $45,000 to $60,000 depending on the size, upgrades, and structural reconfigurations involved.
Remodeling Vs Renovating: What Costs More?
When it comes to comparing remodeling to renovating, it’s important to consider your budget for the project.
Renovation home improvements serve to improve curb appeal. They don’t involve major structural changes making them cheaper than home remodeling projects.
Remodeling a home or a space within a home will be a lot more pricey than a renovation project. This is because home remodeling may require permits, the help of professional like contractors, builders, plumbers, and electricians.
Remodel or Renovate: Return On Investments.
Should I renovate or remodel my house? What will increase the value of a home? Do home renovations pay off?
Both remodeling and renovation project can increase the value of your home. But, it depends on the project.
Let’s look at some examples…
- A Kitchen Renovation in Texas: Kitchen renovations aren’t overly expensive, especially when compared to kitchen remodeling. A minor kitchen renovation project provides an ROI of up to 80%.
- Bathroom Renovation in Texas: Most mid-range bathroom renovation projects can increase home value by up to 30%. The average ROI of a bathroom renovation project in Dallas is 55%.
- Adding an On-suite to your Master bedroom: If you’re adding a new bathroom to your master bedroom then it’s going to cost anywhere from $60,000 to $70,000. But, this is one room addition that’s going to benefit you. Adding an on-suite can increase the value of your home by 30%.
When it comes to figuring out the difference between remodeling and renovation, there’s a lot to consider. While remodeling a room might seem more expensive, it can also be a great investment, especially if a home is a little outdated.
So talk to us today to learn what would work best for your home, budget, and needs.
