Homes are expensive and it’s easy to get swept up in your home buying process. But when you finally buy a home, there will be some major things you’ll want to do with it such as Expensive Home Renovations. Whether that means upgrading the kitchen or adding a sauna, making big changes to your house is going to cost you.
We did some research and found something for everyone on this list of top 5 most expensive home renovations:
- Upscale Kitchen – $35,000-$60,000 ( This includes everything from appliances to countertops)
- Swimming Pool – $30 – $80,000 (This includes installation fees as well as water maintenance costs like chlorine and filter replacements. Most people usually spend in the $30-40k range)
- Addition – $48,000-$125,000 ( This is usually where you put on an addition on to your home )
- Exterior Upgrade – $25,000-$50,000 (This includes any material that is on the exterior of your house-windows, siding or paint work
- Home Theater – $10-$25K This also includes basic cable and a VCR or DVD player. If you have multiple rooms like a home theatre room then this could go up quite a bit
The highest Level of Renovation
The companies that provide the most expensive home renovations are typically industry leaders in their trade. They have the best crews and equipment, which means you’ll get a quality product at a fair price. And all of these companies are leaders in their related fields.
For example, when it comes to swimming pools and home theaters, they have the top installers in the industry. And when it comes to kitchen renovations you’ll find some of the best construction experts in all of the country.
The Profit of high Level
Does the expensive home renovation make profit? Although the financial implications of a home renovation are difficult to predict, there are a few parameters that can be taken into account.
For example, if you do a lot of pool and bathroom renovations, then it may be worth your while as they will help your property value go up and get more money for when you decide to sell it.
You can make a profit on an expensive home renovation. If you choose to sell your renovated place after the work is completed.
Want an expensive renovation? Dare yourself!
What’s great is that you can get these renovations done yourself or with a team that is qualified to do so—there’s no need to hire an expensive contractor or builder. You can do it yourself or with a homeowner buddy who has experience doing similar work.
The renovations are a great way to spend a Saturday with the family or get some of your friends together and have a barbeque pool party.
Here is What to Expect out of your Renovation