Renovate Small Home
Ideas, costs, tips and plans - the information you need for a successful Small Home Renovation project
December 2021
Homeowners have many important questions about their Small Home Renovation 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 Small Home Renovation 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 Small Home Renovation project will help you answer these questions. Use this information to develop a budget, bid requirements, hiring contracts and a project plan.
Small Home Renovation - Project Overview
The approximate costs and value of a typical Small Home Renovation 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 | Renovate all rooms other than kitchen and bathrooms in a small home. Update molding, flooring, doors, switchplates and decorative hardware. Add built-in speakers and modern recessed lighting. Install new window treatments. Use above average grade of materials, fabrication and installation quality. |
| Project size | 880 square feet of renovation |
| Material and labor cost | $16,407 - $19,142 |
| Material cost | $10,089 - $11,771 |
| Do-it-yourself assessment | The typical Small Home Renovation project can be completed by a moderately skilled do-it-yourselfer; as with any project, high quality Small Home Renovation requires attention to detail and careful planning. |
| 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 Small Home Renovation project in an appropriate neighborhood can return 93% or more of its initial cost. |
| First year Return on Investment - ROI | Returns will be impacted by the range of home prices in your neighborhood, the overall condition of your home and sensible design choices. A high quality Small Home Renovation project can return as much as 67% - 78% of its initial cost |
| Green rating | Small Home Renovation projects can incorporate renewable or sustainable resources and environmentally friendly materials. |
Small Home Renovation - Project Plan and Details
The following list includes major work tasks commonly performed during Small Home Renovation. Use this list to understand the timing and sequence of different steps in the Small Home Renovation project. Click any Task name for a complete written specifications, FAQs and quality checklist for the task - this essential information will help you control Small Home Renovation project cost and quality.
Do you expect to spend more than $250 on your Small Home Renovation project? If so, it is important create and manage a detailed plan for all project activities.
Small Home Renovation - Proven Ideas and Project Tips
Review these tips, design suggestions, options and lessons learned before finalizing your Small Home Renovation project plan.
- To maximize return on the Small Home Renovation project, limit cost to no more than 6.5% of home's total, post project value
- For best home resale value, follow a consistent design and decorating theme throughout the home
- To keep Small Home Renovation costs low, do not move walls or relocate plumbing fixtures or electrical boxes
- For best resale value, select a taste neutral design for your Small Home Renovation
- For best resale value, select components, appliances, finishes and fixtures of comparable quality
- Recess speakers into walls or ceiling to share media system access and create room ambiance
- Use separate, individually controllable lighting circuits for ambient and task lighting
- Use furniture, fixtures and accessories scaled appropriately to the room size
Hiring Local Professionals
Our FREE hiring guide helps you hire wisely, get quality craftsmanship and understand fair pricing for your specific project.
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