2024 Home Remodeling Costs: How to Budget Like a Pro
Home remodeling costs are rising, with the average kitchen renovation now 25,000–50,000 (HomeAdvisor 2024). Smart budgeting ensures you maximize value without overspending.
Section 1: Key Cost Factors
Factor | Low Range | High Range |
---|---|---|
Labor | 50–100/hr | 150–200/hr |
Materials | 40% of budget | 60% of budget |
Permits | 500–2,000 | $5,000+ |
Section 2: 5 Cost-Saving Strategies
- Prioritize ROI Projects
- Use Mid-Grade Materials
- DIY Demo Work
- Buy Refurbished Appliances
- Hire in Off-Season
Section 3: Must-Try Upgrades
- Smart Storage
- Eco-Friendly Materials
- Statement Lighting