REAL ESTATE March 20, 2018

Repairs and Upgrades: How Much Will They Cost?

Repairs and Upgrades: How Much Will They Cost?
During the process of buying or selling a home, my clients often learn about recommended or required repairs and upgrades. This can happen as a result of the home inspection, or I may make suggestions based on knowledge of my market and comparable homes. Of course, the first thing homeowners want to know is, “How much will that cost?”

I am pleased to offer my popular Residential Construction and Remodeling Estimates cost guide, which provides estimated cost ranges for repair and/or replacement of the major systems and components in a home. It also includes general guidelines for the life expectancies of those systems. This information can help my clients make informed decisions when they’re considering home repairs or improvements and is valued by buyers and sellers alike. Below is just a sampling of my list of estimated costs for hundreds of repairs/upgrades.

Floors
Hardwood Floor Refinish – $3-$6 / sq. ft.
Carpet — clean – $125 / room
Ceramic Tile – $6-$11 / sq. ft.

Kitchen
Renovation – $7,500 +
Kitchen counter — laminate – $45 / lin. ft.
Kitchen counter — marble – $80 / lin. ft.

Security System
Alarm System – $2,500
Alarm Monitoring – $35 / month

Deck
Pressure Treated – $15-$30 /sq. ft.
Custom Designed & Built – $55-$80 / sq. ft.

Windows
Skylight – $800 and up
Casement — replace – $50 / sq. ft.

These estimates reflect the average basic costs for supplies and installation of building materials in the United States and Canada. Costs may vary depending on regions, upgrades, complexity, and disposal fees.