Cost Implications of Luxurious Home Remodeling Services in NJ
Overview: Budget vs Luxurious Home Remodeling Services
Before discussing the cost of a luxurious home remodeling project in NJ, it’s important to differentiate between a budget and a high-end home remodeling project. When you seek luxurious home remodeling services in NJ vs budget services, there are three main distinctions in planning, materials and workmanship.
Luxurious home remodeling projects are meticulously planned by experts in a variety of fields, from interior designers to architects and structural engineers, if need be. Budget remodeling doesn’t go that far.
Luxurious home renovations use the best-of-the-best materials on sale. Quality is of utmost concern in regards to everything from fittings to cabinetry, lighting, and flooring. Natural materials like marble are preferred over-engineered alternatives like quartz.
Most importantly, the workmanship is top-notch. With a concrete plan and the best materials, the only ingredient left is a master builder/remodeler to put everything together! Skill and experience are of utmost importance.
Cost of Luxurious Home Remodeling Services in NJ
A high-end home remodeling project can cost approximately $150,000 or more, depending on several factors. According to HomeAdvisor, the average range is $71,000 to $200,000. This costing includes everything from custom to high-end cabinetry, structural alterations, and the best kitchen appliances in the market. It also includes other costs like plumbing, electrical work, and foundation repairs.
Here’s a cost breakdown of a luxurious home remodeling based on different factors.
a. Cost Implication by Type of Home
Victorian homes tend to attract the highest remodeling costs (up to $200 per sq.ft.) This is followed by condos and row houses. Townhouses and apartments are the least costly to remodel. The cost of renovating historic homes is the highest given the preservation aspect of such homes.
b. Cost of Adding More Space
You can expect to spend $70,000 to $125,000 for high-end home renovation including additions or additional square footage. This includes activities such as removing interior walls, rewiring a home, and installing new plumbing. While the size of the additions matters as well as the extent and finishings chosen, removing walls can cost $10,000 or more. Rewiring can cost $20,000 or thereabout while plumbing costs (installing new plumbing can cost approximately $1900 or more.
c. Cost by Size
The size of a home will obviously matter. Full luxurious home remodeling services in NJ, touching on multiple rooms for smaller homes (measuring 1000 sq. ft or smaller), will cost approximately $19,000. A high-end full home remodeling for a home measuring 3,000 to 4,000 sq. ft will cost $100,000 or more.
d. Cost Implication by Room/Features
i. Kitchen Costs
In a high-end kitchen remodeling project, homeowners can spend up to $60,000 or more. This involves adding custom kitchen cabinets, granite or stone countertops, high-end appliances, overhead lighting, new modern sinks and faucets, and hardwood flooring.
The National Kitchen & Bath Association finds kitchen cabinetry/hardware to be the most expensive, taking up to 30% of the budget. Installation, appliances, countertops, and flooring follow closely at 17%, 14%, 10%, and 7%, respectively, of the total kitchen renovation costs. Plumbing, doors, and windows are the least costly.
ii. Bathroom Costs
Bathrooms cost can easily surpass $25,000, with new bathroom cabinets taking a huge chunk of the total cost (approximately 30%). The cost will generally vary based on the size and types of bathroom cabinets and other fixtures. However, expect to spend anywhere from $6,000 for high-end tubs, $8,000 or more for bathroom cabinets, $5,000 or more for countertops, $5,000 or more for flooring, $6,000 or more for showers, and $3,500 and above for sinks. High-end toilets cost upwards of $550.
While there are more 2021 dream kitchen ideas to consider for your NJ kitchen remodeling project, the above information is a good start. Combining multiple ideas above into one will offer a better outcome. It also matters who you work with to achieve your dream kitchen.
You need the best NJ kitchen remodeling contractor you can find to make your 2021 dream kitchen ideas into reality. Consider Simplified Kitchen & Bath – a leading Kitchen Remodeling Company in NJ with 30+ years experience.
Simplified Kitchen & Bath also offers guaranteed services. Get a Free Consultation & Quote NOW! You can also discuss your ideas and get more when you call our New Jersey kitchen remodeling experts.
iv. Basement Costs
High-end basement remodeling can easily surpass $40,000. The cost depends on the house plan and other factors like whether new floors, walls, electrical and/or plumbing lines will be built. The cost also includes furnishings.
Generally, you should have a six-figure budget and above (as per HomeAdvisor’s estimates) when looking for complete luxurious home remodeling services in NJ. It’s worth noting that the cost estimates above vary a lot based on the size of a home, taste/preferences, exact location, and more!
Multiple factors determine the final cost of a renovation, from a home’s size to the unique needs of a client. Only true home remodeling experts can give accurate estimates! To get accurate estimates for NJ luxurious remodeling services, you need to engage a reputable home remodeling company in NJ.
Simplified Kitchen & Bath has been remodeling homes in NJ for 30+ years. The company also stands out for simplifying the process and offering custom high-end NJ home remodeling services. Contact Simplified Kitchen & Bath, let them know precisely what you want, your budget, and leave the rest to them!