Home upgrades can be costly and time consuming. Some of the most popular renovations include kitchen and bathrooms.
NEW YORK – Thinking of a home renovation? Whether it’s time to upgrade appliances or simply to expand on living space, there are things to consider when remodeling three of the most popular rooms in any home – the living room, the bathroom and the kitchen.
Those considering home improvement projects should know that kitchens and bathrooms tend to be the most costly rooms to renovate.
An affiliate of the National Kitchen and Bath Association told Architectural Digest in 2023 that kitchens and bathrooms require the most labor-intensive renovations, which contributes significantly to the high costs of such projects.
Labor is indeed a significant cost when renovating a home, as the Construction Labor Market Analyzer indicates labor cost percentages in construction are between 20% and 40% of the total budget of a given project.
The final cost of any renovation project will depend on a host of variables unique to each home, including the square footage of the room being remodeled and the materials homeowners choose.
However, homeowners looking for less costly renovations may want to consider revamping their dining rooms and closets, each of which are projects that can make a difference and tend to require a less significant financial commitment than projects like kitchen and bath remodels.