Cost of Renovations in 2020
You have a renovation project in mind and would like to know how much budget to plan for? With the years the costs of materials and labour have increased, so a project that you would have done 10 years ago, would never cost the same thing today. 10 Popular types of renovations: 1- Home Extension & Floor Addition 2- Garage Construction 3- Construction of Balcony & Terrasse 4- Kitchen Renovation 5- Doors and Windows 6- Exterior sidding 7- Bathroom Renovation 8- Solarium - 4 seasons 9- Basement Renovations
Here is an idea of price for each of these projects to allow you to plan better.
1- Home Extension & Floor addition: Between $ 150 and $ 250 per square foot * This also depends on whether we are starting with a new foundation or an already existing one.
2- Garage Construction: Roughly $ 150 per square foot * This depends on what kind of use you will be making of it.
3- Balcony & Terrasse Construction: Between $ 100 and $ 120 per square foot * This depends mainly on the materials used. Do you prefer a balcony in fiberglass, treated wood, red cedar, composite, aluminum, concrete or other ... These materials have a big difference in price.
4- Kitchen Renovation: Between $ 140 and $ 250 per square foot * Several factors will affect the final price of your new kitchen. Here are the most important ones to consider: The size, the finishes or your cupboards (wood, melamine, etc.), the countertops (quartz, granite, melamine, etc.), the finitions (plumbing, lighting, flooring, backsplash, electrical appliances, sinks, electrical finish, and more.)
5- Doors and Windows: - PVC: Calculate an average of about $ 1,000 per window, installed. - Aluminum: Calculate an average of about $ 1500 per window, installed. 6- Exterior siding: You can opt for several types of exterior siding. Masonry, vinyl, wood, aluminum and more. The factors are very numerous. Calculate between $ 4 and $ 50 per square foot for your exterior cladding. 7- Bathroom Renovation: A good average price is between $ 85 and $ 220 per square foot. 8- Solarium: Between $ 145 and $ 190 per square foot (4 Seasons) 9- Basement Renovation: For a turn key basement, with a bathroom, plan between $ 75 and $ 125 per square foot.
10- New Home Construction: Roughly $ 220 per square foot for a new construction of great quality and insurance, with finitions of quality. For anything high end, you could easily double the price. * Prices also vary depending on the materials and finishes used. (Low, medium or high end) * Prices will also vary if you finish your project on the "rough" or a "turnkey" project.
All renovation projects are subject to a price fluctuation of more or less 10-15%. This is due to surprises, unforeseen events and / or changes along the way. When comparing quote and choosing a contractor, it is tempting to use the services of a contractor that costs as little as possible, but it is important to carefully evaluate these and make sure the same values are compared. Have a good renovation project! The Team of Lineaire General Contractor