Home Improvement's Popular Posts

Wednesday, June 15, 2011

How much does it cost to remodel a bedroom?

How much does it cost to remodel a bedroom?

Typical costs

  Medium:$7,880 (10'x12')
Bedroom remodeling can be somewhat basic or it can be really expansive, and for this discussion we will consider the costs and requirements for an average upgrade or remodel of a bedroom of 120 square feet in total workable area. This sort of remodeling project can be considered a "DIY" project, though it is just as practical to consult several contractors for the job (painting, carpentry, electrical, etc.).
For the bedroom remodel, the typical costs include:
  • According to Tom Silva of "This Old House", the bedroom is one of the least expensive areas to remodel and yet still have a return on the investment. This is particularly true for those who improve windows (which can be a tax-deductible expense) and heating fixtures. For this project a 10'x12' bedroom will be remodeled with new drywall, eco-friendly wall to wall carpeting, brand-new insulated windows, a refinished ceiling, new trim and moldings, paint, and upgraded heating fixtures. The cost will be roughly $7,880. The resale value of this update would hold at$2340, or a nearly 30% return on investment.
  • The above figures place the bedroom update at $66 per square foot. This pricing structure assumes that carpenters charge an average of $70 per hour, electricians between $65 to $85 per hour, and painters between $20 and $35 per hour.

Cost breakout

What needs to be included:
  • Four new windows - Average price of $300-$700 per window, plus installation time of two to five hours per window. Be sure that the windows purchased will qualify for tax deductions;
  • Insulate ceilings and walls - Fiberglass wall insulation with R-19 value will cost $1.80 per square foot (installed) $482 for the walls, and ceiling/attic insulation of R30 will be $2.25 per square foot and cost $270;
  • Carpeting - Averages at $15 to $25 per square yard (with padding and installation) totals $335;
  • Finish ceilings and walls - Drywall throughout would require 13 panels of 4'x8' for walls and ceiling at $9.80 each (plus screws, nails and finishing compound) for an approximate total of $240 plus approximately 12 hours of installation (this does not include removal and disposal or original paneling and scraping of amy textured ceiling paint);
  • New moldings - Average of $3.00 per foot of installed molding for a total of roughly $550;
  • New baseboard heating fixtures - Average of $125 to $500 per room;
  • 1 - six-panel primed hardboard door - Average of $178 each for a plus four hours of installation;
  • Painting - this room is going to need sanding, priming, and painting according to the upgraded drywall and ceiling. The average painter will charge between $20 to $35 per hour and require approximately 32 hours for a room this size;
  • Provide electrical wiring and lighting to code - This is going to depend upon the amount of work required, but electricians average from $65 to $85 per hour. This project might be priced on a per item basis, or the electrician might simply base it on the square footage; and
  • Provide carpentry to code - This is going to depend upon the amount of work required, but carpenters average $70 per hour. This project might be priced on a per item basis, or the carpenter might simply base it on the square footage.

Enhancement and improvement costs

  • Canister lighting in ceiling
  • Ceiling fan
  • Individual thermostat

Additional considerations and costs

If you are going to work with a contractor it is completely acceptable to ask for at least three different bids from three different providers. This is going to give a very accurate idea of the total costs and the level of control you will have over project.

No comments:

Post a Comment