Renovation Contractor Package - District of Columbia 2025

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They can help you as a homeowner identify opportunities for improvement in your space and implement solutions that uniquely meet your needs and your budget. As a result, they tend to be more expensive, charging between $1,000 and $15,000 for a standard set of remodeling plans.
Budgeting For Property Improvements to Increase Value The 30% rule means that you keep your renovation budget within 30% of the value of your propertys market value. The 30% rule avoids overspending and means you dont make costly changes to your property that dont actually provide a healthy return on investment.
To sum up, $100,000 can certainly cover significant renovations in your home, provided theres strategic planning and prioritization. Upgrades to the kitchen, bathroom, and living room are achievable within this budget.
Costs Overview On average, a $200,000 home renovation project includes both gut renovations and interior remodeling. The costs for gut renovations typically range from $100 to $200 per square foot. Costs can escalate due to unforeseen issues like structural damage or plumbing problems.
In the D.C. area, gut renovations can cost anywhere between $400 to $800 per square foot, depending on the level of finishes you choose. For a 1,000-square-foot home, youre looking at a price tag of around $400,000 to $800,000.