Remodel vs. Renovate: What's The Difference?
When you are thinking about improving your home then the first thing you need to decide is whether you want to remodel your home or you want to renovate it. Lots of people often think that these are basically the same and often get mistaken between remodeling and renovating. However, the reason for the confusion is because they do not know the difference between them. Before you take your step in home improvement, you need to make sure that you have full information about both remodeling and renovating.
It is extremely important for you as a homeowner to know the difference between them so that you can make your plans accordingly. Here we will explore all the things that differentiate between remodeling and renovating. You will know what remodeling and renovating are, their size and scale of work, their financial factors, and the total time they take for completion. All of this information will help make wise decisions that will suit best according to their needs. So, whether you are looking to enhance the appearance of your home or want to completely transform your living space into a brand new one, Every piece of information given below will help you start your home improvement journey.
1. What Is A Renovation
Renovating is a process in which you rework or restore a structure. It mainly focuses on upgrading the original format without making any major changes to its actual design. The word renovation is derived from the word “renovatio,” which is a Latin word that means “renewal” or “restoration.” When you renovate your home, you repair the things that are broken and give your home a refreshed new appearance. By renovating, you can bring back the glorious look of an old home by adding some modern touch to it. You only make minor updates in your home while renovating.
I. The Size And Scale Of Renovation
The size and scale of the renovation depend on different factors, such as the number of things that you want to do in your home, the size of your home, and the scale you want to renovate. Some of the most common renovation tasks are painting the walls and ceilings, refinishing the floors or installing new flooring, updating the countertops and cabinets of bathrooms and kitchens, and replacing the fixtures and fittings. There are many different kinds of renovations, like minor renovations that include minor repairs, painting, and other cosmetic upgrades. The average cost of this renovation cost under $19,990.
There is a moderate renovation, which includes the renovation of the bathroom and kitchen, and the average cost will be between $9,990 to $25,090. If you decide to do a major renovation, then the average cost will be between $19,990 to $25,090, this will include the adding floors, a full renovation of the kitchen, and structural changes. Lastly, there are luxury renovations; this project includes using only the highest quality materials and some custom features. The average cost is between $80,090 to $160,090.
II. Renovation Financial Factors
There are some important financial factors that you should consider before you start planning to renovate your home. Below you find all the valuable information that will help you renovate your home.
Budget: The very first step is planning your budget, which has all the information of every expense from small to big. It is also highly recommended that you create an emergency budget for unforeseen expenses that might arise during the renovation process.
Permits: You will need to require a permit to make sure that your renovation is following all the rules and regulations that are set by the local building. The price and requirements of a permit depend on the location and the size of the project.
Materials: When renovating your home, you will require all types of materials. The cost of materials depends on the quality and brand. If you choose to purchase a high-quality material, then you will need to spend more money on it.
Labor: The cost of labor depends on the complexity of the project and the level of skill to work on the renovation. Hiring professional labor like electricians, carpenters, and painters will cost you more than hiring labor with less experience.
III. Time Taken For Renovation
The total time required for a renovation depends on several factors, whether you choose to have a small and simple renovation, a medium renovation, or a major renovation. A simple renovation project includes the replacement of the floor, refinishing of the cabinets in the kitchen, and both interior and exterior painting. All of these tasks can be completed in between one week to three months. Medium renovation takes a longer time period to complete as it includes the placement of the roof, rewiring of the home, and many other things. This takes about four weeks to five months to complete.
The time taken to complete major home renovation is much longer than simple and medium renovation. It takes about one year to fifteen months to finish the renovation. This renovation includes painting, refinishing, repairing, rewiring, replacement, and lots of other small projects. Sometimes the time required to finish renovation exceeds because of some unexpected problems like the unavailability of the materials required for renovation, the deficiency of labor, and the discovery of hidden problems like mold.
2. What Is A Remodel
Remodeling is much different from renovation while renovating is working on an existing structure without making any changes in the design, remodeling is about making massive changes in the architecture. Remodeling your home includes tasks like demolishing walls to make more space, making alterations to the floor plans, the addition of new rooms, and giving your space a completely new appearance. This allows you to make changes to your home according to your needs and desires. By remodeling, many people were able to were able to transform their garage into a comfortable Celina outdoor living space.
I. The Size And Scale Of Remodeling
The size and scale of remodeling depend on how many alterations you want to make to your space. While renovating projects include tasks like painting and repairing, remodeling projects contain tasks like making changes in your home structure. These tasks include modifying or removing your walls, making adjustments in flooring, adding new rooms, and much more. There are various types of remodeling, like interior remodeling, which includes working indoors on the kitchen, living room, bathrooms, and bedrooms. The average cost of interior remodeling is about $10,090 to $74,990.
There is also exterior remodeling in this project; you work on roofing, outdoor living areas, siding, and landscaping. The average cost of this project is between $5,090 to $49,990. However, the cost also depends on whether you want to have minor remodeling or major remodeling. Minor remodeling means when you make minor changes such as replacing the cabinets, installing new tiles, and some other things, these small changes can cost you about $3,050 to $19,950. If you decide to make major remodelings such as knocking down walls, plumbing, and electrical systems, then on average it can cost you $25,090 to more than $149,990.
II. Remodeling Financial Factors
Remodeling is a bigger project than renovating, so it is more important to consider all the financial factors while planning to remodel your home. Below you will learn about some of the most important factors that will assist you in remodeling your home.
Budget: It is extremely crucial for you to make a budget before starting the project. You should have a conversation with the contractor while making the budget to avoid any future conflicts. Remodeling is a big project that costs thousands of dollars, so making a budget becomes necessary.
Contractor: You should hire a well-experienced, certified, and licensed contractor to make sure that the remodeling will be done efficiently. If you appoint an inexperienced contractor, then it can cause you lots of problems. There will be no guarantee that they will deliver great quality work.
Accurate Estimate: While you are planning for a remodeling project and preparing a budget. You should make sure to make both of them pretty accurate by estimating all the costs so that you will not have to spend more money than required. It will also allow you to identify the opportunities in which you can save costs.
Resale Value: Remodeling your home plays a big role in increasing the value of your property. This will be beneficial for you when you decide to sell your home. Having a remodeled kitchen, bathroom, and bedroom will add a great deal to your property.
III. Time Taken For Remodeling
The total time taken to remodel your home is much longer than renovating. There are several reasons for that, like the size of the project being much larger and more complex than the project of renovation. It takes multiple weeks, months, or even more than a year to finish the job. It will take the required time to make the alteration to the layout and implement your desired modifications to your home structure.
Other than that, for remodeling your home, you will need to hire professionals who have years of experience and specialists in their respective skills. For that, you need to schedule a date and time with them to show up and work. Sometimes taking a permit for remodeling takes longer than usual, and this will eventually increase the total time required for remodeling your home. Other factors like delays in inspection, late arrival of materials, holds from the subcontractors, sudden changes in weather, and unexpected problems that occur during the remodeling process.
Conclusion
Here, you have gained complete knowledge about the difference between renovation and remodeling. You have learned about what renovating and remodeling mean, and what are the financial factors that affect the cost of renovating and remodeling, and the total time taken for renovation and remodeling. All of this information will help you to choose whether you want to renovate your home or remodel it according to your heart’s desire. As a homeowner, it is important for you to thoroughly evaluate these factors and make wise decisions to increase the comfort of your living space.
At NexLevel Roofing and Outdoor Living, we understand that every person has unique requirements for their home. We have skilled team members who help you to customize your home just like the way you want. Our staff has years of experience, and with their expert guidance, you will be able to make the right decisions. We are strictly dedicated to helping our clients in every way possible. If you have any further queries, then feel free to contact us at 972-346-6432 or send us an email at info@nex-level.net. You can put your trust in us to help you.
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