Tax Deductible Home Improvements

In the eyes of the IRS, a home improvement includes any work performed which significantly adds to the value of your home, increases its useful life expectancy, or adapts it to new capabilities. These home improvements consist of:

  • New Bathrooms and Kitchens
  • Electrical and Plumbing Upgrades
  • Decks, Fencing, and Landscaping
  • Driveways and Walkways
  • New Roofs & Room Additions

You cannot deduct the cost of these home improvements if your home is used purely as a personal residence because they are considered non-deductible personal expenses.

This doesn’t mean there are no tax benefits for making improvements to your home, however. They could help to reduce the amount of taxes you are required to pay when selling your home at a profit because the cost is added to the tax basis of your home. “Basis” is defined as the amount you invested in your home for tax purposes. The higher your basis, the less you profit when selling your home.

To put this into perspective, let’s imagine that you bought a home in 2005 for $400,000 and sold it in 2017 for $700,000. During this timeframe, you made $50,000 worth of home improvements, including a new roof and kitchen upgrade. These will have increased your basis to $450,000. You would subtract the $700,000 selling price from the $450,000 basis to determine your gain from the sale is $250,000. Only this amount is taxed.

You may qualify to exclude up to an additional $250,000 of that gain if you qualify for the home sale tax exclusion.

The most common way for homeowners to increase their basis is through home improvement. If any of those home improvements were later removed from the home, they are no longer applicable to your home’s basis. For example, if you installed a basic privacy fence 10 years ago and then replaced it with a wrought iron fence, the cost of the old fence no longer applies to your home’s basis.

It is possible to depreciate home improvements by deducting the cost over several years (anywhere from three to twenty-seven and a half years). Using your home for something other than a personal residence could help you qualify for home improvement depreciation.

Home Office Deduction – Do You Qualify?

Owning a business and using a portion of the home as an office for it’s purposes is one way of depreciating home improvement costs. It must be a legitimate business and partly used exclusively and routinely for the business in order to qualify.

You can deduct 100% of the cost associated with improvements you make to your home office if you qualify for the deduction. For example, if you used a separate room in your home as a home office and have a carpenter install built-in bookshelves, depreciating the entire cost as a business expense is permissible.

Home improvements can be depreciated based on the percentage used for the home office if they benefit the entire house. For example if 25% of your home is used as a home office, depreciating 25% of the cost in upgrading your air conditioning, heating or electricity use is allowed.

Rental Expense – Does This Qualify?

You can deduct the rental income you receive by renting out a portion of your home. This allows you to depreciate home improvement cost by depreciating it as a rental expense. Similar to the home office deduction, you can depreciate the cost of home improvements in full if they benefit they purely benefit the area of the home being rented. If those home improvements benefit the entire home, are depreciated based on the percentage being used for rental of the house.

How To File Your Homeowners Insurance Claim

There are a variety of things that can cause significant damage to your home. It could be a fire, a tornado… anything. Provided you have insured your home against such damage, you can and should file an insurance claim with your insurance company.

The first thing you want to do is inform the agent with a written (or typed) letter. Since insurance policies are essentially contracts between you and the company, there are certain rules and regulations that both you and the agent (or insurance company) should adhere to. This is why taking a long, hard look at your insurance policy is vital. You have to know what your responsibilities are (and what those of the company are as well).

8 Steps To Follow for Homeowners Insurance Claims:

1.) The first thing you should do if your home has been vandalized or if you have been robbed is report it to the authorities. It is important to get a police report and to get the names of every single law enforcement officer you deal with.

2.) There are time limits to filing insurance claims. When you need to file one, you should know what the timeline is. This should be in the insurance policy. You should find out what the limit is. Know if you are covered, know if your claim exceeds your deductible or not. You should also know how long it would take to process the claim. Also, find out if you will need to collect estimates for repairs.

3.) You should take all possible steps to protect your assets from any further damage. When you do repairs, keep your receipts and hand them over to your insurance agent if you are to be reimbursed.

4.) Do not throw anything out until your adjuster has taken a look at your home and your property. It is important to substantiate your loss. You could also take pictures or video of the damage that has occurred in your home. Do an inventory and give a copy of it and your receipts to the adjuster.

5.) Severe damage to your home will require you to find other accommodation while your house is being repaired. If you do this, all additional expenses incurred should be recorded (receipts) so you can hand them over to the insurance company. Not all insurance policies will cover the “loss of use” of your home, so you should know your policy through and through.

6.) The insurance company will send you all necessary forms for you to complete once you notify them of your claim. Fill out the forms as required and return them as soon as you possibly can.

7.) Finally, the insurance company can get an adjuster to come take a look at your home and your property. It is important for you to give your full cooperation. The adjuster’s report is used by the insurance company to approve your claim.

8.) As soon as all the terms and conditions of your settlement have been agreed between you and the insurance company, you will receive your payment as soon as is possible. It is important to keep good communication with the insurance company to ensure your claim is processed promptly.

How To Minimize Remodeling Costs In Chicago

Remodeling costs in Chicago can vary based on a number of factors.

The price of your project can be more or less expensive depending on the time of year you plan to complete the work, and many homeowners overpay because they don’t understand how contractors price their services.

Negotiating remodeling costs is easier than most people think. It’s always best to make sure your contractor has recent experience working with similar projects because they can complete the work more quickly and efficiently.

Actual Remodeling Costs in Chicago

How much are homeowners paying to remodel their homes in the Chicagoland Area?

RenovationRates has surfaced actual remodeling costs from more than 100,000 Chicago homeowners, and it is interesting to learn the amount of money contractors charge for making home improvements in the city and surrounding suburbs.

The following projects have been itemized with high-end and low-end price ranges:

Unfortunately, hiring a contractor can be a difficult and time-consuming process. In order to make an informed decision on which pro is the best fit for your project, you need to interview local Chicago contractors and collect competing project estimates.

Complete Home Restoration

Price Ranges Surveyed
a.) Lower: $57,000
b.) Middle: $168,000
c.) Higher: $569,000
d.) Average: $269,000

Prices shown reflect the cost of labor and materials and 89% of people in this Chicago sample hired a professional to complete this project. The average home value for those completing this project was $475,000.

Kitchens

Price Ranges Surveyed
a.) Lower: $6,000
b.) Middle: $16,000
c.) Higher: $50,000
d.) Average: $24,500

Prices shown reflect the cost of labor and materials and 86% of people in this Chicago sample hired a professional to complete this project. The average home value for those completing this project was $450,000.

Bathrooms

Price Ranges Surveyed
a.) Lower: $3,000
b.) Middle: $10,000
c.) Higher: $27,000
d.) Average: $13,300

Prices shown reflect the cost of labor and materials and 88% of people in this Chicago sample hired a professional to complete this project. The average home value for those completing this project was $450,000.

Home Office Updates

Price Ranges Surveyed
a.) Lower: $720
b.) Middle: $2,000
c.) Higher: $22,000
d.) Average: $8,600

Prices shown reflect the cost of labor and materials and 57% of people in this Chicago sample hired a professional to complete this project. The average home value for those completing this project was $450,000.

Roofing

Price Ranges Surveyed
a.) Lower: $4,000
b.) Middle: $8,000
c.) Higher: $17,000
d.) Average: $9,900

Prices shown reflect the cost of labor and materials and 96% of people in this Chicago sample hired a professional to complete this project. The average home value for those completing this project was $450,000.

Siding

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $7,000
c.) Higher: $22,000
d.) Average: $10,350

Prices shown reflect the cost of labor and materials and 77% of people in this Chicago sample hired a professional to complete this project. The average home value for those completing this project was $350,000.

Windows & Doors

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $6,000
c.) Higher: $26,000
d.) Average: $11,300

Prices shown reflect the cost of labor and materials and 92% of people in this Chicago sample hired a professional to complete this project. The average home value for those completing this project was $425,000.

Top Strategies To Reduce New York Remodeling Costs

Remodeling costs in New York can vary based on a number of factors.

The price of your project can be more or less expensive depending on the time of year you plan to complete the work, and many homeowners overpay because they don’t understand how contractors price their services.

Negotiating remodeling costs is easier than most people think. It’s always best to make sure your contractor has recent experience working with similar projects because they can complete the work more quickly and efficiently.

Actual Remodeling Costs in New York

How much are homeowners paying to remodel their homes in the New York metro area?

RenovationRates has surfaced actual remodeling costs from more than 100,000 New York homeowners, and it is compelling to learn the amount of money contractors charge for making home improvements in the city and surrounding areas.

The following projects have been itemized with high-end and low-end price ranges:

Unfortunately, hiring a contractor can be a difficult and time-consuming process. In order to make an informed decision on which pro is the best fit for your project, you need to interview local New York contractors and collect competing project estimates.

Complete Home Restoration

Price Ranges Surveyed
a.) Lower: $39,000
b.) Middle: $199,000
c.) Higher: $663,000
d.) Average: $310,800

Prices shown reflect the cost of labor and materials and 91% of people in this New York sample hired a professional to complete this project. The average home value for those completing this project was $750,000.

Kitchens

Price Ranges Surveyed
a.) Lower: $10,000
b.) Middle: $26,000
c.) Higher: $74,000
d.) Average: $37,400

Prices shown reflect the cost of labor and materials and 92% of people in this New York sample hired a professional to complete this project. The average home value for those completing this project was $625,000.

Bathrooms

Price Ranges Surveyed
a.) Lower: $4,000
b.) Middle: $14,000
c.) Higher: $38,000
d.) Average: $18,900

Prices shown reflect the cost of labor and materials and 91% of people in this New York sample hired a professional to complete this project. The average home value for those completing this project was $650,000.

Home Office Updates

Price Ranges Surveyed
a.) Lower: $825
b.) Middle: $3,000
c.) Higher: $13,000
d.) Average: $6,250

Prices shown reflect the cost of labor and materials and 65% of people in this New York sample hired a professional to complete this project. The average home value for those completing this project was $625,000.

Roofing

Price Ranges Surveyed
a.) Lower: $4,000
b.) Middle: $7,000
c.) Higher: $23,000
d.) Average: $11,650

Prices shown reflect the cost of labor and materials and 96% of people in this New York sample hired a professional to complete this project. The average home value for those completing this project was $550,000.

Siding

Price Ranges Surveyed
a.) Lower: $3,000
b.) Middle: $10,000
c.) Higher: $30,000
d.) Average: $14,400

Prices shown reflect the cost of labor and materials and 86% of people in this New York sample hired a professional to complete this project. The average home value for those completing this project was $525,000.

Windows & Doors

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $6,000
c.) Higher: $30,000
d.) Average: $12,800

Prices shown reflect the cost of labor and materials and 88% of people in this New York sample hired a professional to complete this project. The average home value for those completing this project was $550,000.

Techniques For Negotiating Remodeling Costs In Los Angeles

Remodeling costs in Los Angeles can vary based on a number of factors.

The price of your project can be more or less expensive depending on the time of year you plan to complete the work, and many homeowners overpay because they don’t understand how contractors price their services.

Negotiating remodeling costs is easier than most people think. It’s always best to make sure your contractor has recent experience working with similar projects because they can complete the work more quickly and efficiently.

Actual Remodeling Costs in Los Angeles

How much are homeowners paying to remodel their homes in the greater Los Angeles area?

RenovationRates has surfaced actual remodeling costs from more than 100,000 Los Angeles homeowners, and it is fascinating to learn the amount of money contractors charge for making home improvements in the city and surrounding areas.

The following projects have been itemized with high-end and low-end price ranges:

Unfortunately, hiring a contractor can be a difficult and time-consuming process. In order to make an informed decision on which pro is the best fit for your project, you need to interview local Los Angeles contractors and collect competing project estimates.

Complete Home Restoration

Price Ranges Surveyed
a.) Lower: $80,000
b.) Middle: $173,000
c.) Higher: $480,000
d.) Average: $253,000

Prices shown reflect the cost of labor and materials and 94% of people in this Los Angeles sample hired a professional to complete this project. The average home value for those completing this project was $775,000.

Kitchens

Price Ranges Surveyed
a.) Lower: $6,000
b.) Middle: $29,000
c.) Higher: $68,000
d.) Average: $35,100

Prices shown reflect the cost of labor and materials and 94% of people in this Los Angeles sample hired a professional to complete this project. The average home value for those completing this project was $700,000.

Bathrooms

Price Ranges Surveyed
a.) Lower: $4,000
b.) Middle: $13,000
c.) Higher: $40,000
d.) Average: $19,150

Prices shown reflect the cost of labor and materials and 93% of people in this Los Angeles sample hired a professional to complete this project. The average home value for those completing this project was $675,000.

Home Office Updates

Price Ranges Surveyed
a.) Lower: $860
b.) Middle: $3,000
c.) Higher: $43,000
d.) Average: $16,400

Prices shown reflect the cost of labor and materials and 65% of people in this Los Angeles sample hired a professional to complete this project. The average home value for those completing this project was $625,000.

Roofing

Price Ranges Surveyed
a.) Lower: $4,000
b.) Middle: $8,000
c.) Higher: $16,000
d.) Average: $9,150

Prices shown reflect the cost of labor and materials and 96% of people in this Los Angeles sample hired a professional to complete this project. The average home value for those completing this project was $650,000.

Siding

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $6,000
c.) Higher: $25,000
d.) Average: $10,900

Prices shown reflect the cost of labor and materials and 82% of people in this Los Angeles sample hired a professional to complete this project. The average home value for those completing this project was $525,000.

Windows & Doors

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $7,000
c.) Higher: $28,000
d.) Average: $12,350

Prices shown reflect the cost of labor and materials and 91% of people in this Los Angeles sample hired a professional to complete this project. The average home value for those completing this project was $675,000.

Negotiation Hacks For San Francisco Remodeling Costs

Remodeling costs in San Francisco can vary based on a number of factors.

The price of your project can be more or less expensive depending on the time of year you plan to complete the work, and many homeowners overpay because they don’t understand how contractors price their services.

Negotiating remodeling costs is easier than most people think. It’s always best to make sure your contractor has recent experience working with similar projects because they can complete the work more quickly and efficiently.

Actual Remodeling Costs in San Francisco

How much are homeowners paying to remodel their homes in the San Francisco Bay Area?

RenovationRates has surfaced actual remodeling costs from more than 100,000 homeowners, and it is shocking to learn the amount of money contractors charge for making home improvements in the Bay Area.

The following projects have been itemized with high-end and low-end price ranges:

Unfortunately, hiring a contractor can be a difficult and time-consuming process. In order to make an informed decision on which pro is the best fit for your project, you need to interview local Bay Area contractors and collect competing project estimates.

Complete Home Restoration

Price Ranges Surveyed
a.) Lower: $61,000
b.) Middle: $226,000
c.) Higher: $479,000
d.) Average: $267,000

Prices shown reflect the cost of labor and materials and 94% of people in this San Francisco sample hired a professional to complete this project. The average home value for those completing this project was $800,000.

Kitchens

Price Ranges Surveyed
a.) Lower: $11,000
b.) Middle: $33,000
c.) Higher: $79,000
d.) Average: $41,000

Prices shown reflect the cost of labor and materials and 94% of people in this San Francisco sample hired a professional to complete this project. The average home value for those completing this project was $725,000.

Bathrooms

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $8,000
c.) Higher: $28,000
d.) Average: $13,205

Prices shown reflect the cost of labor and materials and 95% of people in this San Francisco sample hired a professional to complete this project. The average home value for those completing this project was $650,000.

Home Office Updates

Price Ranges Surveyed
a.) Lower: $873
b.) Middle: $5,000
c.) Higher: $22,000
d.) Average: $9,690

Prices shown reflect the cost of labor and materials and 62% of people in this San Francisco sample hired a professional to complete this project. The average home value for those completing this project was $675,000.

Roofing

Price Ranges Surveyed
a.) Lower: $4,000
b.) Middle: $11,000
c.) Higher: $22,000
d.) Average: $12,714

Prices shown reflect the cost of labor and materials and 96% of people in this San Francisco sample hired a professional to complete this project. The average home value for those completing this project was $625,000.

Siding

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $6,000
c.) Higher: $20,000
d.) Average: $9,543

Prices shown reflect the cost of labor and materials and 83% of people in this San Francisco sample hired a professional to complete this project. The average home value for those completing this project was $575,000.

Windows & Doors

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $6,000
c.) Higher: $20,000
d.) Average: $9,543

Prices shown reflect the cost of labor and materials and 93% of people in this San Francisco sample hired a professional to complete this project. The average home value for those completing this project was $575,000.

Tips For Getting The Best Remodeling Costs in Washington DC

Remodeling costs in Washington DC can vary based on a number of factors.

The price of your project can be more or less expensive depending on the time of year you plan to complete the work, and many homeowners overpay because they don’t understand how contractors price their services.

Negotiating remodeling costs is easier than most people think. It’s always best to make sure your contractor has recent experience working with similar projects because they can complete the work more quickly and efficiently.

Actual Remodeling Costs in Washington DC

How much are homeowners paying to remodel their homes in the DC metro area?

RenovationRates has surfaced actual remodeling costs from more than 100,000 Washington DC homeowners, and it is intriguing to learn the amount of money contractors charge for making home improvements in the city and surrounding areas.

The following projects have been itemized with high-end and low-end price ranges:

Unfortunately, hiring a contractor can be a difficult and time-consuming process. In order to make an informed decision on which pro is the best fit for your project, you need to interview local Washington DC contractors and collect competing project estimates.

Complete Home Restoration

Price Ranges Surveyed
a.) Lower: $25,000
b.) Middle: $108,000
c.) Higher: $396,000
d.) Average: $187,100

Prices shown reflect the cost of labor and materials and 86% of people in this Washington DC sample hired a professional to complete this project. The average home value for those completing this project was $500,000.

Kitchens

Price Ranges Surveyed
a.) Lower: $7,000
b.) Middle: $21,000
c.) Higher: $63,000
d.) Average: $30,150

Prices shown reflect the cost of labor and materials and 91% of people in this Washington DC sample hired a professional to complete this project. The average home value for those completing this project was $575,000.

Bathrooms

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $8,000
c.) Higher: $28,000
d.) Average: $13,100

Prices shown reflect the cost of labor and materials and 87% of people in this Washington DC sample hired a professional to complete this project. The average home value for those completing this project was $550,000.

Home Office Updates

Price Ranges Surveyed
a.) Lower: $697
b.) Middle: $3,000
c.) Higher: $14,000
d.) Average: $6,000

Prices shown reflect the cost of labor and materials and 55% of people in this Washington DC sample hired a professional to complete this project. The average home value for those completing this project was $475,000.

Roofing

Price Ranges Surveyed
a.) Lower: $3,000
b.) Middle: $7,000
c.) Higher: $16,000
d.) Average: $9,050

Prices shown reflect the cost of labor and materials and 97% of people in this Washington DC sample hired a professional to complete this project. The average home value for those completing this project was $525,000.

Siding

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $7,000
c.) Higher: $31,000
d.) Average: $13,750

Prices shown reflect the cost of labor and materials and 89% of people in this Washington DC sample hired a professional to complete this project. The average home value for those completing this project was $450,000.

Windows & Doors

Price Ranges Surveyed
a.) Lower: $1,000
b.) Middle: $5,000
c.) Higher: $14,000
d.) Average: $6,850

Prices shown reflect the cost of labor and materials and 92% of people in this Washington DC sample hired a professional to complete this project. The average home value for those completing this project was $550,000.

How To Make Seattle Remodeling Costs Affordable

Remodeling costs in Seattle can vary based on a number of factors.

The price of your project can be more or less expensive depending on the time of year you plan to complete the work, and many homeowners overpay because they don’t understand how contractors price their services.

Negotiating remodeling costs is easier than most people think. It’s always best to make sure your contractor has recent experience working with similar projects because they can complete the work more quickly and efficiently.

Actual Remodeling Costs in Seattle

How much are homeowners paying to remodel their homes in the greater Seattle-Tacoma area?

RenovationRates has surfaced actual remodeling costs from more than 100,000 Seattle homeowners, and it is captivating to learn the amount of money contractors charge for making home improvements in the city and surrounding areas.

The following projects have been itemized with high-end and low-end price ranges:

Unfortunately, hiring a contractor can be a difficult and time-consuming process. In order to make an informed decision on which pro is the best fit for your project, you need to interview local Seattle contractors and collect competing project estimates.

Complete Home Restoration

Price Ranges Surveyed
a.) Lower: $41,000
b.) Middle: $154,000
c.) Higher: $444,000
d.) Average: $220,850

Prices shown reflect the cost of labor and materials and 77% of people in this Seattle sample hired a professional to complete this project. The average home value for those completing this project was $475,000.

Kitchens

Price Ranges Surveyed
a.) Lower: $6,000
b.) Middle: $23,000
c.) Higher: $79,000
d.) Average: $36,450

Prices shown reflect the cost of labor and materials and 83% of people in this Seattle sample hired a professional to complete this project. The average home value for those completing this project was $500,000.

Bathrooms

Price Ranges Surveyed
a.) Lower: $3,000
b.) Middle: $9,000
c.) Higher: $29,000
d.) Average: $14,150

Prices shown reflect the cost of labor and materials and 81% of people in this Seattle sample hired a professional to complete this project. The average home value for those completing this project was $500,000.

Home Office Updates

Price Ranges Surveyed
a.) Lower: $501
b.) Middle: $2,000
c.) Higher: $10,000
d.) Average: $4,200

Prices shown reflect the cost of labor and materials and 43% of people in this Seattle sample hired a professional to complete this project. The average home value for those completing this project was $425,000.

Roofing

Price Ranges Surveyed
a.) Lower: $4,000
b.) Middle: $10,000
c.) Higher: $24,000
d.) Average: $12,950

Prices shown reflect the cost of labor and materials and 92% of people in this Seattle sample hired a professional to complete this project. The average home value for those completing this project was $450,000.

Siding

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $8,000
c.) Higher: $22,000
d.) Average: $11,200

Prices shown reflect the cost of labor and materials and 65% of people in this Seattle sample hired a professional to complete this project. The average home value for those completing this project was $400,000.

Windows & Doors

Price Ranges Surveyed
a.) Lower: $1,000
b.) Middle: $5,000
c.) Higher: $15,000
d.) Average: $7,350

Prices shown reflect the cost of labor and materials and 84% of people in this Seattle sample hired a professional to complete this project. The average home value for those completing this project was $500,000.

Negotiation Strategies For Remodeling Costs In Phoenix

Remodeling costs in Phoenix can vary based on a number of factors.

The price of your project can be more or less expensive depending on the time of year you plan to complete the work, and many homeowners overpay because they don’t understand how contractors price their services.

Negotiating remodeling costs is easier than most people think. It’s always best to make sure your contractor has recent experience working with similar projects because they can complete the work more quickly and efficiently.

Actual Remodeling Costs in Phoenix

How much are homeowners paying to remodel their homes in the greater Phoenix metro area?

RenovationRates has surfaced actual remodeling costs from more than 100,000 Phoenix homeowners, and it is thought-provoking to learn the amount of money contractors charge for making home improvements in the city and surrounding areas.

The following projects have been itemized with high-end and low-end price ranges:

Unfortunately, hiring a contractor can be a difficult and time-consuming process. In order to make an informed decision on which pro is the best fit for your project, you need to interview local Phoenix contractors and collect competing project estimates.

Complete Home Restoration

Price Ranges Surveyed
a.) Lower: $30,000
b.) Middle: $62,000
c.) Higher: $479,000
d.) Average: $227,000

Prices shown reflect the cost of labor and materials and 89% of people in this Phoenix sample hired a professional to complete this project. The average home value for those completing this project was $375,000.

Kitchens

Price Ranges Surveyed
a.) Lower: $4,000
b.) Middle: $12,000
c.) Higher: $40,000
d.) Average: $19,250

Prices shown reflect the cost of labor and materials and 86% of people in this Phoenix sample hired a professional to complete this project. The average home value for those completing this project was $375,000.

Bathrooms

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $5,000
c.) Higher: $23,000
d.) Average: $10,050

Prices shown reflect the cost of labor and materials and 82% of people in this Phoenix sample hired a professional to complete this project. The average home value for those completing this project was $400,000.

Home Office Updates

Price Ranges Surveyed
a.) Lower: $670
b.) Middle: $2,000
c.) Higher: $6,000
d.) Average: $2,800

Prices shown reflect the cost of labor and materials and 58% of people in this Phoenix sample hired a professional to complete this project. The average home value for those completing this project was $350,000.

Roofing

Price Ranges Surveyed
a.) Lower: $4,000
b.) Middle: $9,000
c.) Higher: $23,000
d.) Average: $12,050

Prices shown reflect the cost of labor and materials and 92% of people in this Phoenix sample hired a professional to complete this project. The average home value for those completing this project was $350,000.

Siding

Price Ranges Surveyed
a.) Lower: $1,000
b.) Middle: $5,000
c.) Higher: $18,000
d.) Average: $8,400

Prices shown reflect the cost of labor and materials and 67% of people in this Phoenix sample hired a professional to complete this project. The average home value for those completing this project was $350,000.

Windows & Doors

Price Ranges Surveyed
a.) Lower: $1,000
b.) Middle: $3,000
c.) Higher: $14,000
d.) Average: $6,550

Prices shown reflect the cost of labor and materials and 84% of people in this Phoenix sample hired a professional to complete this project. The average home value for those completing this project was $350,000.

Effective Ways To Save On Philadelphia Remodeling Costs

Remodeling costs in Philadelphia can vary based on a number of factors.

The price of your project can be more or less expensive depending on the time of year you plan to complete the work, and many homeowners overpay because they don’t understand how contractors price their services.

Negotiating remodeling costs is easier than most people think. It’s always best to make sure your contractor has recent experience working with similar projects because they can complete the work more quickly and efficiently.

Actual Remodeling Costs in Philadelphia

How much are homeowners paying to remodel their homes in the greater Philadelphia region?

RenovationRates has surfaced actual remodeling costs from more than 100,000 Philadelphia homeowners, and it is striking to learn the amount of money contractors charge for making home improvements in the city and surrounding areas.

The following projects have been itemized with high-end and low-end price ranges:

Unfortunately, hiring a contractor can be a difficult and time-consuming process. In order to make an informed decision on which pro is the best fit for your project, you need to interview local Philadelphia contractors and collect competing project estimates.

Complete Home Restoration

Price Ranges Surveyed
a.) Lower: $25,000
b.) Middle: $127,000
c.) Higher: $519,000
d.) Average: $228,300

Prices shown reflect the cost of labor and materials and 87% of people in this Philadelphia sample hired a professional to complete this project. The average home value for those completing this project was $550,000.

Kitchens

Price Ranges Surveyed
a.) Lower: $8,000
b.) Middle: $17,000
c.) Higher: $50,000
d.) Average: $25,750

Prices shown reflect the cost of labor and materials and 81% of people in this Philadelphia sample hired a professional to complete this project. The average home value for those completing this project was $425,000.

Bathrooms

Price Ranges Surveyed
a.) Lower: $3,000
b.) Middle: $10,000
c.) Higher: $31,000
d.) Average: $14,950

Prices shown reflect the cost of labor and materials and 82% of people in this Philadelphia sample hired a professional to complete this project. The average home value for those completing this project was $400,000.

Home Office Updates

Price Ranges Surveyed
a.) Lower: $566
b.) Middle: $2,000
c.) Higher: $12,000
d.) Average: $5,000

Prices shown reflect the cost of labor and materials and 44% of people in this Philadelphia sample hired a professional to complete this project. The average home value for those completing this project was $400,000.

Roofing

Price Ranges Surveyed
a.) Lower: $1,000
b.) Middle: $4,000
c.) Higher: $19,000
d.) Average: $8,350

Prices shown reflect the cost of labor and materials and 95% of people in this Philadelphia sample hired a professional to complete this project. The average home value for those completing this project was $425,000.

Siding

Price Ranges Surveyed
a.) Lower: $2,000
b.) Middle: $9,000
c.) Higher: $20,000
d.) Average: $10,500

Prices shown reflect the cost of labor and materials and 89% of people in this Philadelphia sample hired a professional to complete this project. The average home value for those completing this project was $450,000.

Windows & Doors

Price Ranges Surveyed
a.) Lower: $1,000
b.) Middle: $3,000
c.) Higher: $14,000
d.) Average: $6,400

Prices shown reflect the cost of labor and materials and 80% of people in this Philadelphia sample hired a professional to complete this project. The average home value for those completing this project was $400,000.