How Much Does it Cost to Renovate a House in 2024?

The cost to renovate a house can range from $60 to $150 per square foot, depending on scope, size, location and labor. Many popular renovation projects cost under $20,000 for low-end, minor renovations to more than $100,000 for high-end, major renovation project.

High-end renovation costs

High-end renovations make use of the most upscale materials and popular trends. National average prices for major projects in this category can easily fall into the high five-figure or even six-figure range. Here are national average prices for popular high-end major renovations.

• Average renovation cost: $78,840.

• Project overview: Expansion of existing bathroom within the house’s original footprint and relocation of all fixtures. 

• Highlights: New shower with body-spray features and a frameless glass enclosure, freestanding tub, high end faucets/fixtures, ceramic tiles, one-piece toilet, spot lighting, heated floors, cabinetry and extended HVAC.

• Average renovation cost: $339,513.

• Project overview: Building a 32 x 20-foot bedroom suite with a full bathroom and sitting area. This addition is built over the home’s crawlspace.

• Highlights: Custom bookcases, built-in storage, walk-in closet/dressing area, fireplace with custom mantle and stone hearth, walk-in shower with dual shower heads and frameless glass enclosure, separate soaker tub, one-piece toilet in partitioned area, two sinks in separate custom vanities and large mirrors, hospitality center with undercounter fridge, bar sink, microwave and custom cabinetry.

• Average renovation cost: $158,530.

• Project overview: Replacing all appliances, countertops, cabinetry, fixtures, flooring and features in an existing 200-square-foot kitchen.

• Highlights: Custom cabinets with built-in sliding shelves, built-in refrigerator, commercial-grade cooktop and vent hood, wall oven, undermount sink with designer faucets and water filtration system, built-in microwave, stone countertops, ceramic or glass tile backsplash, new lighting and new flooring.

Mid-range renovation costs

Mid-range projects may sometimes be as extensive as high-end renovations, but they use standard materials and fixtures rather than luxury ones. Here are national average costs for some popular mid-range renovations.

• Average renovation cost: $25,251.

• Project overview: Updating existing 5 x 7 bathroom by replacing existing fixtures, cabinetry, flooring and wall covering.

• Highlights: Porcelain-on-steel tub with ceramic tile surround and single-lever shower control, standard white toilet, vanity with integral sink, recessed medicine cabinet with lighting vinyl wallpaper and ceramic tile floor.

• Average renovation cost: $157,855.

• Project overview: Building a 24 x 16 suite that includes a bedroom, bathroom and walk-in closet/dressing area. Suite is built over crawlspace.

• Highlights: Ceramic tile shower and separate freestanding tub, solid-surface countertop with double-bowl sink vanity, carpeted bedroom floor, painting of all nontiled walls, ceiling and trim. Also includes overall and spot lighting and an exhaust fan.

• Average renovation cost: $79,982.

• Project overview: Replace most appliances, cabinetry, countertops, fixtures, flooring and features in an existing 200-square-foot kitchen.

• Highlights: Energy-efficient range with vented hood, dishwasher, built-in microwave, dishwasher, custom lighting, garbage disposal, semicustom wood cabinets, 3 x 5-foot island, laminate countertops, stainless steel double sink with single-lever faucet, new flooring, painted walls, ceiling and trim.

• Average renovation cost: $27,492.

• Project overview: Update 200-square-foot kitchen without tearing out cabinet boxes.

• Highlights: Reface cabinets with Shaker-style drawer fronts, panels and hardware; install new laminate countertops, mid-priced sink and faucet. Replace existing appliances with energy-efficient stove, cooktop, and refrigerator. Install new flooring and paint walls, ceiling and trim.

Lower-cost renovation costs

If you’re considering a less extensive renovation, here’s a rough idea of what you might expect to spend on a few popular projects:

• Bedroom renovation (paint, furniture, closet organization system, etc.): $1,500 to $5,500.

• Living room renovation (paint, flooring, windows, lighting, etc.): $5,000 to $10,000.

• Mold remediation: About $2,230.

• Asbestos remediation: About $1,200 to $3,100.

• Replacing appliances: $200 to $10,000 per appliance.

Remodeling an entire house costs about $60 to $150 per square foot, and costs are likely higher if you’re working on a historic home. Gutting a house all the way down to the studs typically costs about $100,000 to $650,000.

Accordingly, your total costs for a gut renovation might be:

• A 1,400-square-foot house at $100 per square foot: $140,000.

• A 2,700-square foot house at $100 per square foot: $270,000.

• A 3,500-square-foot house at $150 per square foot: $525,000.

• A 4,000-square-foot house at $150 per square foot: $600,000.