What Generally Is Included In A Full Home Renovation?
The terms “remodel” and “renovation” are frequently used interchangeably. While the terms have similar meanings, they are not synonyms. What’s the distinction?
The short answer is that renovations are typically cosmetic in nature, whereas remodels are structural in nature. A full-home remodel entails completely altering the structure and layout of your entire home. A partial renovation, on the other hand, is simply sprucing up the appearance of certain areas of the house.
When you compare a full-home remodel to a partial remodel, things become more complicated. In both cases, structural changes occur; the only difference is the amount of the home being remodeled. It’s the same with full-home renovations and partial renovations.
These two concepts can also be thought of as restoration and creation. You’re simply restoring parts of the house when you do renovations. Remodeling entails completely new construction.
Consider the differences between a kitchen remodel and a kitchen renovation.
- Repainting the walls, changing the quartz counter colors, removing and replacing the floor, and installing new cabinets are all possible options for a kitchen renovation.
- You could remove the wall between the kitchen and the dining room as part of a kitchen remodel to gain more space. You could rearrange the cabinets and relocate the refrigerator to a different wall.
Things can get a little dicey because the line between creating something new and giving something a facelift can be quite thin. For instance, changing your home office into a guest bedroom would be a remodel. While many of the changes are cosmetic, you’re still creating an entirely new space. Sometimes the most straightforward way to compare the two is with the cost.
Cost Analysis: Which is Cheaper?
Renovations are, on average, much less expensive. This is especially true when comparing a partial renovation to a complete remodel. Remodels alter the structure of the home, which may necessitate rewiring, ductwork, and plumbing. All of those extra costs can quickly add up.
Renovations usually outperform new construction in terms of return on investment. Because renovations are less expensive, the return on investment is usually higher. If you replace your garage door, for example, you can expect to recoup 97.5 percent of your investment, adding roughly $3,520 to your home’s resale value.
Remodels that increase the value of a home dollar for dollar, on the other hand, increase the value by a lot more. A full kitchen remodel, for example, has a 62.1 percent average return on investment and adds around $41,133 to the resale value of your home.
When it comes to ROI versus resale value, you’ll recoup more of your renovation investment. Remodels, on the other hand, will add more value to the ticket price.
Contractors are an additional cost to consider. Many renovations are do-it-yourself friendly, and if they aren’t, you can usually hire a handyman or a home repair expert. However, when it comes to remodeling, you’ll need to hire professionals. Remodeling projects are typically more complicated, necessitating a certain level of expertise.
Are You Planning a Full Home Remodel?
If you’re considering a whole house remodel, New Key Construction, based in Walnut Creek California, is here to serve you. Our passion is to be the home for talented craftsmen who deliver beautiful projects to clients throughout the SF East Bay Area! Choosing the right general contractor for your project can be difficult, but we make things easy by focusing on Your Experience, Client Communication, Cutting Edge Technology, and Pushing Our Design and Build Limits! If we could have one goal, it would be that when someone you know is looking for a contractor you highly recommend our company because of the experience we deliver for you! Check out our website, our portfolio, and our reviews to learn more – or give us a call today!