Hello World! Welcome Friends! If you are planning on transforming your bungalow, then you should definitely not ignore the cost factor. Taking a period property and transforming it back to its former glory is not as easy as it sounds to be. If one plans to spend the upcoming years in that bungalow then he should make sure that all the work is done perfectly without any compromise. This is the reason why it is sometimes not affordable to renovate a bungalow. There are many cost factors that should not be overlooked. Many people start bungalow renovations without proper planning and end up regretting in the end. This is the reason why it is recommended to go through proper guides before opting for bungalow renovation especially when you are tight on a budget. If you are planning on renovating your bungalow and wondering how much does it cost to do so then you have luckily landed on the right page. There are different types of bungalow renovations. Mainly they are divided into three subcategories such as low-end, mid-range, and high-end remodels.This article will guide you through how much does it cost to remodel a bungalow.
Low-End Bungalow Remodeling
Low-end bungalow remodeling starts from around $16,000 to all the way to $48,000. It mainly depends upon the size of the bungalow itself. It doesn’t need a huge remodel and mainly focuses on cosmetic updates and minor repairs. Inexpensive lighting and floor replacement along with light landscaping are also involved in this plan.
Mid-Range Remodeling
Besides low-end bungalow renovations, a mid-range renovation of a bungalow costs somewhere around from $48,000 to all the way to $75,000. This remodeling includes a full renovation of the kitchen as well as a bathroom. Moreover, some exterior updates are also added along with new siding. The quality of finishing materials used is decent and tends to lasts longer.
High-End Remodeling
On the other hand, when high-end remodeling is concerned it costs much more than mid-range renovation. It can cost from somewhere around $85,000 to all the way to $200,000. These involve a complete lay-out change including the expensive kitchen cabinetry along with appliances. The updated plumbing is also involved along with HVAC systems as well as the siding and a new roof.
Estimates Of Bungalow Renovations May Vary
It has been estimated that the remodeling costs of a bungalow vary from around 5% to 10% each year. This mainly happens because of the increased materials costs and shortage of experienced and qualified labor. Though whereas the roof replacement cost is concerned, it has been pretty much stable which is only increasing at a rough rate of about 1% annually. It should be noted that the above-mentioned prices may vary according to a few factors. These may vary due to accessibility issues, type of property, or even existing house conditions. Besides this, the estimates may also vary because of the contractor you hired, and the local labor rates may vary. Though everything should be preplanned there might be some unexpected problems discovered during the course of the remodel that may have not been taken into account.
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