What Is the Most Expensive Part of Renovation?
Planning a home renovation can be exciting—but also overwhelming, especially when it comes to budgeting. Whether you’re remodeling to increase your home's value or improve comfort, understanding where your money will go is key. So, what is the most expensive part of renovation? Let’s break it down with current data, trends, and expert insights.
Why Renovation Costs Vary So Much
Renovation costs fluctuate depending on the scope of work, materials, labor, location, and even supply chain issues. In 2024 and beyond, homeowners continue to face higher prices due to inflation and demand for skilled contractors. According to the U.S. Census Bureau, building material prices remain elevated, making cost planning more critical than ever.
The Most Expensive Part of Renovation: Kitchens
Kitchens Take the Lead
The kitchen is typically the most expensive room to renovate—and for good reason. Between appliances, cabinetry, countertops, and plumbing, this space demands a significant portion of your renovation budget.
According to the 2023 Cost vs. Value Report, a midrange kitchen remodel can cost around $26,000 to $77,000+, depending on finishes and layout changes.
What Drives Up Kitchen Costs?
Custom cabinetry and countertops
Luxury appliances and fixtures
Structural changes or layout redesigns
Professional-grade ventilation and plumbing
Other High-Cost Areas in Home Renovation
1. Bathrooms
Bathrooms are the second most expensive renovation. A full bathroom remodel averages $10,000–$30,000. Costs increase with high-end materials like stone tile, spa tubs, and custom vanities.
The National Kitchen & Bath Association (NKBA) notes that labor alone makes up 20-35% of a bathroom remodel cost.
2. Structural Changes and Additions
Any renovation that alters your home’s structure—like removing walls or adding rooms—will raise expenses dramatically. Engineering fees, permits, framing, and new roofing or foundation work quickly add up.
3. HVAC, Electrical, and Plumbing Upgrades
Behind-the-walls systems like HVAC, wiring, and plumbing are often hidden costs that surprise homeowners. These upgrades are essential in older homes but can cost $5,000 to $20,000+ depending on the size and condition of the property.
How to Plan and Save on Major Renovations
Get Multiple Bids
Always compare estimates from several licensed contractors to avoid overpaying.
Choose Mid-Grade Finishes
You can save thousands by selecting stylish, durable mid-range finishes over luxury ones.
Stick to the Layout
Changing plumbing or electrical layout drastically increases costs. Keep your existing footprint if possible.
Know Your Home’s Value Before You Renovate
Before investing in a major remodel, it's important to understand how much value it could add. Use this free tool to check your home’s value and decide what improvements make financial sense in your area.
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So, what is the most expensive part of renovation? The kitchen usually takes the top spot, followed by bathrooms and structural upgrades. With strategic planning and smart budgeting, you can achieve a remodel that adds value without breaking the bank.
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