Home Project Summary

Restore Interior

Ideas, costs, tips and plans - the information you need for a successful Interior Restoration project

February 2011

Homeowners have many important questions about their Interior Restoration Project. How much will it cost? How long will it take? What problem areas do I need to watch out for? Can I recover my Interior Restoration investment when I sell? Can I do some of the work myself? What can I do to make sure that the work is done right?

Costs, materials and best practices for the example Interior Restoration project will help you answer these questions. Use this information to develop a budget, bid requirements, hiring contracts and a project plan.

Use the following information to understand your options, make good decisions and get quality work at a fair price.

Interior Restoration - Project Overview

The approximate costs and value of a typical Interior Restoration project are summarized below. Use higher estimates for larger metropolitan areas and the lower estimates where home prices are below the national average. Adjust costs for substitutions or refinements in the last section. For size differences of up to 25%, scale total costs in direct proportion to the size of your project. Use the adjusted costs as a basis for setting a material budget and for comparing contractor bids (if you choose to have a professional perform the work).

Project description	Restore single, existing room to original condition. Repair and refinish molding, flooring, doors, switchplates and decorative hardware. Modernize lighting. Paint room and update window treatments.
Project size	180 square feet
Material and labor cost	$5,261 - $6,137
Material cost	$1,935 - $2,258
Do-it-yourself assessment	The typical Interior Restoration project involves tasks that are best performed by experienced professionals. Good quality Interior Restoration requires considerable experience, skill and attention to detail. Do it yourself mistakes are noticeable, may be difficulty to remedy and may actually reduce the market value of the project and your home.
First year Return on Investment - ROI	Results vary widely and can be affected by the range of home prices in your neighborhood, the overall condition of your home and sensible design choices. A high quality Interior Restoration project in an appropriate neighborhood can return 93% or more of its initial cost.
Long term Return on Investment - ROI	Returns vary widely and are affected by the range of home prices in your neighborhood, the overall condition of your home and sensible design choices. A high quality Interior Restoration project in an appropriate neighborhood can return as much as 77% - 91% of its initial cost.
Green rating	Interior Restoration projects commonly employ renewable resources and environmentally friendly materials. It is often the case that existing components and materials can be recycled or reused in the Interior Restoration project.

Interior Restoration - Proven Ideas and Project Tips

Review these tips, design suggestions, options and lessons learned before finalizing your Interior Restoration project plan.

To maximize return on the Interior Restoration project, limit cost to no more than 2.5% of home's total, post project value
For best home resale value, follow a consistent design and decorating theme throughout the home
To keep Interior Restoration costs low, do not move walls or relocate plumbing fixtures or electrical boxes
For best resale value, select a taste neutral design for your Interior Restoration
For best resale value, select components, appliances, finishes and fixtures of comparable quality

Interior Restoration - Project Plan and Details

The following list includes major work tasks commonly performed during Interior Restoration. Use this list to understand the timing and sequence of different steps in the Interior Restoration project. Click any Task name for a complete written specifications, FAQs and quality checklist for the task - this essential information will help you control Interior Restoration project cost and quality.

Task

Service Provider

Duration

Do-it-yourself difficulty

Target cost

Create Design Concept

Interior Designer

2 to 15 d

Level 3 - Complex, Difficult

$190 - $317

Create Remodeling Checklist

General Contractor